How MySpace Blew It
Lloyd Grove is editor at large for The Daily Beast. He is also a frequent contributor to New York magazine and was a contributing editor for Condé Nast Portfolio. He wrote a gossip column for the New York Daily News from 2003 to 2006. Prior to that, he wrote the Reliable Source column for the Washington Post, where he spent 23 years covering politics, the media, and other subjects.
In 2005, Rupert Murdoch was hailed as a visionary for snapping up MySpace. Today, as Facebook and Twitter fuel a historic uprising, MySpace announced its second round of layoffs in a week. Lloyd Grove on what went wrong.
Leslie H. Gelb, a former New York Times columnist and senior government official, is author of Power Rules: How Common Sense Can Rescue American Foreign Policy (HarperCollins 2009), a book that shows how to think about and use power in the 21st century. He is president emeritus of the Council on Foreign Relations.
The Daily Beast is dedicated to news and commentary, culture, and entertainment. We carefully curate the web’s most essential stories and bring you original must-reads from our talented contributors.
Rachel Kramer Bussel is the editor of Peep Show: Erotic Tales of Voyeurs and Exhibitionists, Bottoms Up and over 25 other erotica anthologies, and hosts and curates In The Flesh Reading Series.
Lynn Sherr is a former ABC News correspondent, author of Failure Is Impossible: Susan B. Anthony in Her Own Words and Tall Blondes, a book about giraffes. She is also co-editor of Peter Jennings: A Reporter's Life. Her most recent book, a memoir—Outside the Box: My Unscripted Life of Love, Loss and Television News—is out in paperback.
Jacob Bernstein is a senior reporter at The Daily Beast. Previously, he was a features writer at WWD and W Magazine. He has also written for New York magazine, Paper, and The Huffington Post.
Tunku Varadarajan is a national affairs correspondent and writer at large for The Daily Beast. He is also a research fellow at Stanford’s Hoover Institution and a professor at NYU’s Stern Business School. (Follow him on Twitter here.)
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