News

Internet Comeback Alert: MySpace announces 1 million new users in 30 days

Pin it

Are people ready to be blinded by flashing .gifs, deafened by non-optional 50 Cent tracks, and tricked by cleverly angled photos of the obese again? Apparently. MySpace's new investors, Tim and Chris Vanderhook, announced the site had one million new sign ups in the past thirty days, with 40,000 new registrations daily. 

Rupert Murdoch's News Corp. bought MySpace in 2005 for $580 million, and sold it to the Vanderhooks in 2011 for $35 million, likely after realizing that no one important enough to be worth spying on uses MySpace. 

The Vanderhooks bought MySpace with the help of major investor Justin Timberlake, either because they thought he was actually Sean Parker, or because Timberlake went a little too far with the method acting. The Vanderhooks and Timberlake hope to establish MySpace as a music and entertainment hub, attributing recent growth to a new music player with access to 42 million songs.