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Quarterly Report Reveals Focus on Creative Community Drives Explosive Artist Growth; New Features, Content, Live Streams Drive Audience In First Three Months
LOS ANGELES, Oct. 1, 2013 /PRNewswire/ -- Myspace (www.myspace.com), a place where people connect, discover, and share, announced insights from the company's quarterly report, gauging progress and growth over a 90-day period post launch. The entirely new platform, which launched in June, saw its audience grow from 24 million prior to launch to 31 million in its first two weeks out of beta. The platform has continued to grow steadily throughout the summer and, today, sees 36 million people.
According to the internal report, two key communities are driving the majority of the growth: millennials and artists.
Given its heritage in music, the majority of the artist community on Myspace is comprised of musicians. The site's completely redesigned, open-canvas styling also makes Myspace perfect for visual artists, such as photographers and designers, who comprise the second-most popular type of artist on the site.
Myspace attributes much of this early success to its decision to build out its content offering, partnering with premiere outlets, artists, and brands to develop and launch multiple franchises and a full slate of programming, including CRWN Presented by Myspace (Drake, Macklemore), Live At The Log Cabin Series (Run The Jewels, The 1975), and Music Video Collaborations With Artists We Like (TV On The Radio).
In addition to original programming, Myspace has also invested in developing high-production-quality live streams, leveraging its platform to bring physical experiences to audiences everywhere. Spanning events, concerts, and traditional television programming, live streams, such as Bud Light 50/50/1, X-Games Music, and the Jimmy Kimmel Live Stream program, have been a key driver in engaging new audiences on Myspace.
Myspace intends to build on the momentum gained during summer by continuing to expand its content offering. The company will leverage its existing relationships within the creative community and develop new partnerships with additional media companies in order to provide content creators a promotional platform for their work and audiences even greater access and a deeper experience around the content they consume.
Myspace (myspace.com) is a place where people come to connect, discover, and share. Showcasing artists and their work, the site gives people access to 53 million tracks and videos-the world's largest digital music library. With roots in music and social, the platform is built to empower all artists-from musicians and designers to writers and photographers-helping them connect with audiences, collaborators, and partners to achieve their goals. Through an open design, compelling editorial features, and analytics-based recommendations, Myspace creates a creative community of people who connect around mutual affinity and inspiration for the purpose of shaping, sharing, and discovering what's next.
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