Citizen Media Watch

March 14th, 2008

Myspace: We’ve been pioneering the monetization of social networking

Posted by Lotta Holmström in communities and social networking sites, services

Facebook Garage Stockholm

Jonas Nyvang from MySpace talked a bit about MySpace apps and Open Social.
- We give 100% of the revenues you can get from the app you develop. We’ve been pioneering the monetization of social networking.
Like when Arna and I met him in september last year, he doesn’t want to see Facebook as a threat. He makes this distinction between MySpace and Facebook.
- Facebook is more about the social graph, while MySpace is more about your interests, what you strive for and your passions.
His/MySpace’s view of how the web is evolving isn’t new. It is becoming more personal, more portable and more collaborative.

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March 2008
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