Rumours are floating around that Myspace may be up for sale soon. The internet relic recently re-launched a new version of the site designed to clean it up and make it connect with other social media platforms but it hasn’t worked too well. One of the main complaints from bands and fans – the site’s use as a band marketing tool remaining as one of its last redeeming features – is that bands are having trouble putting songs up and when you do a search for a band, the search function often doesn’t work. Owners News Corporation – who paid $580 million for it in 2005 – must feel like the main investors in Betamax did in 1982 as the VHS system came on the market. News Corporation’s Chief Operating Officer, Chase Carey, has conceded to reporters that a sale or merger of the site with another is possible. “There are opportunities here to do 20 things [with MySpace] but that doesn’t mean you’re going to do any of the 20. If there’s something there that makes sense you ought to think about it.”
