MySpace adds 1m in 1 month
February 15, 2012
MySpace has added more than 1 million new users in the past 30 days, taking it to 25 million registered users and representing a dramatic turnaround for the social network that Rupert Murdoch abandoned eight months ago.
The website claims that about 40,000 people a day had signed up to Myspace since it introduced new ties with rival social networks, Twitter and Facebook.
“The numbers tell an amazing story of strong momentum and dramatic change for Myspace,” said Tim Vanderhook, chief executive of. “And the 1 million-plus new user accounts we’ve seen in the last 30 days validates our approach.”
Myspace was sold by Murdoch’s News Corp in June last year for $35 million – compared with the $580 million paid for the website in 2005. The website’s new owners, digital media firm Specific Media and investors including Justin Timberlake, promised to shift the ailing social network to focus on music.