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who founded myspace

by Mabelle Bins Published 2 years ago Updated 2 years ago
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Who founded Myspace and when?

Created in 2003, MySpace was co-founded by Chris DeWolfe and Tom Anderson. It was the social network before Facebook; the one place people logged in every day to write to friends, show off photos, and play music.

What happened to the creator of Myspace?

Tom sold Myspace for a whopping $580 million. Not all of that money went to him, but he still helped broker the massive deal. The man who popularized social media and effectively started Facebook before Facebook is now enjoying a fantasy retirement. He's taken up surfing, investing, and photography.

How much did Tom get for Myspace?

When Intermix Media and Myspace were sold to News Corp, Anderson became president of the company. Myspace was sold to News Corp in 2005 for $580 million. Following the News Corp acquisition, Anderson said: "Before [the acquisition], I could do whatever I wanted.

Who owned Myspace?

In June 2011, Specific Media Group and Justin Timberlake jointly purchased the company for approximately $35 million. On February 11, 2016, it was announced that Myspace and its parent company had been purchased by Time Inc. for $87 million. Time Inc. was in turn purchased by Meredith Corporation on January 31, 2018.

Does Myspace still exist 2022?

Myspace, the OG of social networking sites, definitely still exists.

Why did Myspace failed?

The site was slow to innovate, had no real understanding about itself as a brand, held minimal financial control and seemed unable to keep up with its ever-ageing audience. MySpace was launched to appeal to “Generation Y”, 13-15 year olds with bit of internet nouse and an understanding about how to socialise online.

Why did Justin Timberlake buy Myspace?

“There's a need for a place where fans can go to interact with their favorite entertainers, listen to music, watch videos, share and discover cool stuff and just connect,” said Timberlake in a statement. “MySpace has the potential to be that place.”

Do people still use Myspace?

According to the latest comScore figures, MySpace lost 10 million unique users between January and February of this year, going form 73 million to 63 million in a matter of four weeks. This time last year, when site began the first in a series of major relaunches, MySpace attracted 95 million unique users.

How long did Myspace last?

2005 to 2008Myspace, website that was the most popular social network from 2005 to 2008. Myspace is a free, advertising-supported service that allows users to create Web “profile” pages that feature photographs, express their interests, and, most importantly, link to other people's profiles.

What is MySpace now called?

First off, it's no longer called MySpace—it's now Myspace (lowercase “s”).

Why did MySpace lose photos?

"As a result of a server migration project, any photos, videos, and audio files you uploaded more than three years ago, may no longer be available on or from MySpace," read a since-removed announcement on the website. “We apologize for the inconvenience.” reddit.com/r/technology/c…

Who destroyed MySpace?

When it sold the site last June, to an advertising network owner called Specific Media, it was for a mere $35 million. In between those two events, another social network went from a few million users to more than 750 million. That network, of course, was Facebook, and, for all practical purposes, it killed MySpace.

Is Tom from Myspace rich?

Introduction. As of November 2022, Tom Anderson's net worth is estimated to be $60 Million. What is this? Thomas “Tom” Anderson is an American co-founder of the social networking website Myspace, which he founded in 2003 with Chris DeWolfe.

What replaced Myspace?

In 2008, Facebook overtook Myspace in popularity; News Corp sold Myspace in 2011 to Specific Media Group and Justin Timberlake for $35 million.

Who bought Myspace 35 million?

Takes Huge Loss, Selling Myspace For $35 Million. Back in 2005, Rupert Murdoch's News Corp.

What is Myspace now called?

First off, it's no longer called MySpace—it's now Myspace (lowercase “s”).

Who created Myspace?

Tom Anderson and Chris DeWolfe, employees of the Internet marketing company eUniverse (later Intermix Media), created Myspace in 2003.

When did Rupert Murdoch buy Myspace?

In 2005 Rupert Murdoch’s News Corporation purchased Myspace and Intermix for $580 million.

When did Justin Timberlake buy Myspace?

In 2011 Justin Timberlake and Specific Media purchased Myspace from News Corporation for about $35 million.

How old do you have to be to use Myspace?

The site can be used to keep in touch with friends, “meet” and become friends with new people, or find potential romantic partners. Members must be at least 13 years old, and the profiles of members younger than 16 cannot be viewed by members older than 18, in order to reduce access by potential sexual predators.

What is an encyclopedia editor?

Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. ...

When did Justin Timberlake buy Myspace?

In 2011 Justin Timberlake and Specific Media purchased Myspace from News Corporation for about $35 million.

Who sold Myspace to?

In 2011 News Corporation sold Myspace to Specific Media and Timberlake for about $35 million. The Editors of Encyclopaedia Britannica This article was most recently revised and updated by Adam Augustyn, Managing Editor, Reference Content.

Who is Tom Anderson?

Entrepreneur Tom Anderson co-founded MySpace back in 2003 with Chris DeWolfe.

What happened to Myspace?

Between 2005 and 2008, Myspace was the largest social networking site in the world.

Where is Tom Anderson now?

According to Hello Magazine Anderson currently lives in Hawai and has turned into a travel photographer and explorer.

How did eUniverse help MySpace?

eUniverse gave the team everything they needed, including programmers, resources and even funding. The employees themselves became the first users of the networking platform, and they began recruiting new users. Since eUniverse had a massive contact list comprising of over 20 million individuals, the crew was able to spread the word regarding MySpace quite quickly and efficiently. This helped them drive a lot of traffic onto their platform, making it immensely popular, incredibly fast.

How much did Rupert Murdoch buy MySpace?

Their quick growth and surging popularity inspired Rupert Murdoch to buy the company in 2005 for $580 million, and he proceeded to take the platform globally. He grew the company into markets such as the UK and China, helping make MySpace an industry leader. At its highest, the company was valued at $12 billion, and constantly outperformed Facebook when it came to website traffic. However, soon enough they put a break on innovation, becoming stagnant in the process. This led to a massive growth slow-down, which Facebook capitalized on, and by 2008, Facebook succeeded in eclipsing MySpace.

What degree does Athulya have?

Currently pursuing a degree in mechanical engineering, she is someone innately interested in technical and scientific research. Music reviews and op-eds define her as they allow her to explore different perspectives. Though sometimes she thinks she makes more sense playing the guitar than she does while writing.

Who bought MySpace?

This company was then bought by eUniverse, and became Intermix a year later. Finally, in 2003 he and DeWolfe founded MySpace, which two years later was acquired by News Corp.

Why is Tom Anderson called Tom?

Anderson is popularly known as " Tom from Myspace ", " Myspace Tom " or " My friend, Tom " because he would automatically be assigned as the first "friend" of new Myspace users upon the creation of their profiles.

When did XDrive go bankrupt?

After XDrive went bankrupt in 2001, he and DeWolfe founded the direct marketing company ResponseBase. They sold ResponseBase to Brad Greenspan 's eUniverse in late 2002.

When did ResponseBase sell?

They sold ResponseBase to Brad Greenspan 's eUniverse in late 2002. With other eUniverse employees, Anderson set up the first pages of Myspace in August 2003. He founded the site partly as a reaction to Friendster and its policy of blocking accounts that did not use real names.

How much is Thomas Anderson worth?

Internet entrepreneur. Known for. Co-founder of Myspace. Net worth. US$ 100 million (April 2006) Thomas Anderson (born November 8, 1970) is an American technology entrepreneur and co-founder of the social networking website Myspace, which he founded in 2003 with Chris DeWolfe.

What movie did Anderson appear in?

Anderson made a cameo appearance in the 2009 American comedy-drama film Funny People starring Adam Sandler.

When did Intermix Media sell Myspace?

When Intermix Media and Myspace were sold to News Corp, Anderson became president of the company. Myspace was sold to News Corp in 2005 for $580 million. Following the News Corp acquisition, Anderson said: "Before [the acquisition], I could do whatever I wanted. Now it takes more time to get people to agree on things.

Where did Anderson go to college?

Anderson attended the University of California, Berkeley majoring in English and rhetoric, prior to becoming the lead singer of a band called "Swank". Anderson then lived in Taiwan after graduation, before returning to the United States to study film at the University of California, Los Angeles.

What was once the proving ground for social media?

Oh, how the mighty have fallen. What was once the proving ground for social media has since become the punch line of many jokes. The history of MySpace.com is a tale of energetic innovation, risk, and ultimately, failure to capitalize. While some people believe that MySpace was the original social networking site, it is actually based off of an existing model that was functionally success for its time. In August of 2003, several employees of eUniverse, now called Intermix Media Inc, recognized the growing potential of a social networking site where they all had accounts (Friendster). Copying the model and losing the less popular features, the employees created a working prototype design for what they coined as MySpace. All the work was done in only ten days, in which the first version of MySpace was actually built. The project was headed by Tom Anderson who started as a CEO of the new company and Chris DeWolfe who became its president. These two guys are nowadays recognized as the founders of the company.

Why is MySpace so outdated?

This meant that MySpace was not able to quickly keep up with design elements that users were demanding, and the lack of new features and content made them appear outdated.

What are the threats to MySpace?

Hackers targeted MySpace, along with phishing scams, malware, and spam. MySpace programmers were unable to protect their users from these things, making the online community inhospitable and unattractive to younger members whose parents were monitoring their activity online.

Why did MySpace change?

In an attempt to become more relevant, MySpace changed from a social networking site to a self-proclaimed social entertainment site. The main difference was a larger focus on movies, music, and gossip. Greater interconnectivity with once rival Facebook also allowed the site to become more accessible and attractive to users.

How long did it take to make MySpace?

All the work was done in only ten days, in which the first version of MySpace was actually built. The project was headed by Tom Anderson who started as a CEO of the new company and Chris DeWolfe who became its ...

Where is MySpace located?

MySpace’s office in Beverly Hills. Photographed on April 21, 2007, by user Coolcaesar, src. wikimedia.org. The founding company was bought in July of 2005 by the owner of Fox News. Rupert Murdoch’s corporation took the concept of MySpace global, extending the site into other language markets like the UK and China.

Did Justin Timberlake own MySpace?

As part of this deal, Justin Timberlake was to take partial ownership of MySpace to help develop the site. Even though the fall of MySpace has been very public, and it is no longer considered a safe investment concerning social media, it still nonetheless led the way originally for innovation in the industry.

What is the role of Myspace?

Since its official launch in 2004, Myspace has played a role in social events like political scandals and was even central in grisly murder cases. At the same time, the site minted internet celebrities, launched musical careers and helped inspire an entire industry based around web 2.0.

How much did Myspace sell for?

With Myspace’s sale on Wednesday to Specific Media for $35 million, a fraction of what News Corp. paid for the social network in 2005, it might be difficult to remember the influence that the now-struggling site once had on our lives. Since its official launch in 2004, Myspace has played a role in social events like political scandals ...

Where is Tom from MySpace now?

Tom Anderson, who was known as "Tom from MySpace", "MySpace Tom" or "My friend, Tom", retired at 40 and is now a travel photographer.

What is the phone number for the Sun?

Email us at [email protected] or call 212 416 4552.

What was the first social media site before Instagram?

ONCE upon a time before Instagram and Facebook took over the world, there was MySpace.

Who collaborated with Chris DeWolfe on MySpace?

Anderson collaborated with Chris DeWolfe on MySpace in 2003.

Where do sand sands come from?

Often they are taken from exotic destinations such as Thailand, Bhutan and the Maldives

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Overview

Early life

  • Tom Anderson built a platform that completely revolutionized the way people share music and communicate with each other. However, even having 200 million friends and Rupert Murdoch as a boss didn’t help MySpace when Facebook grew phenomenally. At its peak, MySpace boasted of over 110 million users, the first time this had occurred in social network...
See more on yourtechstory.com

Career

Media appearances

Thomas Anderson (born November 8, 1970) is an American technology entrepreneur and co-founder of the social networking website Myspace, which he founded in 2003 with Chris DeWolfe. He was later president of Myspace and a strategic adviser for the company. Anderson is popularly known as "Tom from Myspace", "Myspace Tom" or "My friend, Tom" because he would automatically be assigned as the first "friend" of new Myspace users upon the creation of their p…

Personal life

Anderson's father was an entrepreneur. As a teenager at San Pasqual High in Escondido, California, Anderson was a computer hacker under the pseudonym "Lord Flathead" (friends with Bill Landreth), and prompted a Federal Bureau of Investigation (FBI) raid after he hacked the security of Chase Manhattan Bank.
Anderson attended the University of California, Berkeley, majoring in English and rhetoric, prior t…

External links

Anderson was a product tester and copywriter at XDrive, a digital storage company, in 2000, where he first met DeWolfe. He initially joined XDrive as a product tester after answering a flyer advertisement, while still at film school and looking to earn extra money. After XDrive went bankrupt in 2001, he and DeWolfe founded the direct marketing company ResponseBase. They sold ResponseBase to Brad Greenspan's eUniverse in late 2002.

1.Myspace - Wikipedia

Url:https://en.wikipedia.org/wiki/Myspace

18 hours ago Members must be at least 13 years old, and the profiles of members younger than 16 cannot be viewed by members older than 18, in order to reduce access by potential sexual predators. …

2.Myspace | History, Creators, & Facts | Britannica

Url:https://www.britannica.com/topic/Myspace

11 hours ago  · Entrepreneur Tom Anderson co-founded MySpace back in 2003 with Chris DeWolfe. The 51-year-old is known as "Myspace Tom" as he was everyone's first "friend" on the …

3.Who is Tom Anderson and what happened to Myspace?

Url:https://www.the-sun.com/tech/3794299/who-tom-anderson-what-happened-myspace/

3 hours ago  · Timothy Stenovec. Jun 29, 2011, 03:09 PM EDT | Updated Aug 29, 2011. With Myspace's sale on Wednesday to Specific Media for $35 million, a fraction of what News Corp. …

4.Tom Anderson - Founder of Social Media Website …

Url:https://www.yourtechstory.com/2020/03/19/tom-anderson-founder-of-social-media-website-myspace/

36 hours ago  · The formerly known largest social networking service, MySpace was founded on August 1, 2003, by Chris DeWolfe, Tom Anderson, and Jon Hart. READ ALSO: Who Designed …

5.Tom Anderson - Wikipedia

Url:https://en.wikipedia.org/wiki/Tom_Anderson

13 hours ago  · Who did Tom Anderson create MySpace with? Anderson collaborated with Chris DeWolfe on MySpace in 2003. Now 55, DeWolfe quit being the CEO of MySpace in 2009. He …

6.Remember MySpace Founder Tom Who Sold It For $580 …

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7.How Tom Anderson And Chris DeWolfe Founded …

Url:https://businessideaslab.com/myspace-history/

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8.Myspace History: A Timeline Of The Social Network's …

Url:https://www.huffpost.com/entry/myspace-history-timeline_n_887059

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Url:https://www.the-sun.com/tech/4029581/where-tom-myspace-now/

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