MySpace Gives The Pink Slip To 47% Of Their Employees

2011 isn’t starting out so well for MySpace. PaidContent.org reports that the one-time king of social networking has cut almost 500 employees, or 47% of its work staff. In MySpace CEP Mike Jones’ statement regarding the layoffs, he mentioned the following: “Today’s...

MySpace – A Place To Pay For Music?

It’s been a bad year so far for the site that everyone fell in love with when Facebook and Twitter were still in diapers.  In the first half of 2010, MySpace has taken one nosedive after another and fans are leaving in droves. Back in March, Metal Insider...

Linkin Park Announce New Album Details, Contest.

Linkin Park has set A Thousand Suns as the title of their new album, set to be released on September 14 via Warner Bros. Records. The band has also announced a competition where fans can help produce and add music to a new song called “The Catalyst” through...

Could Hollywood Undead Have Saved MySpace Records?

We’re hearing rumors of major shakeups at MySpace Records, if not a complete shutdown of the label altogether. Information is scarce on the joint venture between the News Corp-owned social network and Interscope Records, but TechCrunch reports multiple sources...

Tunecore Signs Deal With MySpace

Digital distribution company TuneCore, which helps musicians get on services like iTunes, has signed a deal with MySpace letting artists share in revenue when their music is streamed on the social media network.