MySpace to Rival YouTube
MySpace has announced that it will upgrade the video service it currently has offers on its site. The upgrade will include a move to a seperate domain (MySpaceTV). The new site is supposed to rival YouTube in terms of service, presentation and content. MySpaceTV will be available to all MySpace users wether or not they have a MySpace account.
What I want to focus on here is the incestious relationship that exists in this industry. Let me clarify…
MySpaceTV is owned by NewsCorp founder Rupert Murdoch (owner of MySpace). The same Rupert Murdoch recently signed a 5-year billion dollar deal with Google (owner of YouTube) to be the exclusive supplier of text ads onto the MySpace site. Now if that isn’t incestious I don’t know what is, I wonder if the relationship will extend to MySpaceTV.
FYI, according to HitWise, the top Video Sharing Sites by market share on the net are…
- YouTube - 65.04%
- Google Video - 7.73%
- MySpace Video - 7.40%
- Google Video UK - 6.18%
- MetaCafe - 3.26%
- Yahoo! Video Search - 2.36%
- AddictingClips - 2.14%
- AOL Media - 1.85%
- Break.com - 1.40%
- Singingfish - 1.35%
Will MySpaceTV topple Google’s YouTube? Only time will tell…
