After months in search of a buyer, Myspace has finally been acquired. In an email to employees late Wednesday morning, CEO Mike Jones broke the news to employees in an email late Wednesday morning, according to TechCrunch.
“Today, we are announcing that Myspace will be acquired by Specific Media, one of the world’s leading online media and advertising platforms,” Jones wrote in the email addressed to Myspacers. “Over the next few days you will be hearing from the team at Specific, including their CEO, Tim Vanderhook, regarding their exciting plans for Myspace and how it fits in with the overall vision of their company.”
Jones indicated in the email that a significant reduction in staff was imminent, adding that he would be stepping down as CEO of Myspace after assisting with the transition to Specific Media over the next two months.
A few hundred KCRW members were lucky enough to see one of today’s finest live-performing bands in a rare intimate performance at The Village studios in West L.A. Tuesday night.
My best photos from the Flaming Lips concerts at Hollywood Forever Cemetery on June 14th and 15th 2011. Click on images to view as larger slideshow.