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Revamping MySpace

When was the last time you logged on to MySpace? Sometime in the middle of the last decade, Myspace went from hot property to hot mess.

However, backed by investor Justin Timberlake, the site just unveiled a sneak preview of a soon-to-be revamped site, where music sharing and artists are featured prominently.

When MySpace was at its peak, it had about 100 million users. Facebook today? Closing in at 1 billion .

The goal of the new MySpace may not be to compete with Facebook, instead it may be finding a niche like Pinterest has done with images. Watch the video below to find out about some of the changes.



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