After the 'super success' (or call it super publicity success) of MySpace, more and more entrepreneurs are trying to get a foothold on the 'social networking' territory. However, MySpace in one way tries to go ahead of them - it has the scale, and on the other hand it tries to shed off the mounting negative technology that it received after the 'online predators' saga.
Going beyond from its core area, the site is now providing surplus of value-added services. Now, you will find lots of user generated content like video and music, which the think tank believes will be an ideal platform for advertisers to launch new brands.
The latest news is that MySpace has moved into online literary world. An exclusive deal with the magazine, 'Nylon' has been forged. The magazine will release its next June-July issue on MySpace free.
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