What's it worth now? Fifty bucks?
Even as MySpace (NSDQ: NWS) has floundered in recent years, it’s hung on to an important user base—artists, particularly musicians, who have relied on the site to provide them with a digital home on the web and a place to showcase their work. Now that the site has laid off half its employees, some folks are wondering if the site is in its death throes. If MySpace’s downhill slide continues, where its small but most-important constituency—musicians—will head?
The most logical destination would seem to be the truly dominant social-networking site: Facebook. But Facebook just hasn’t caught on among musicians in the same way MySpace has, at least not yet. And it doesn’t have the same tools to play or discover new music that made MySpace so popular for music fans, even though the latter’s own tools were far from perfect.
Doesn't every band have a MySpace page, created in 2005, and last updated in 2005? Technically, you're not a band unless you have an abandon, spammed MySpace page.
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