MySpace launches video-sharing site to rival YouTube
MySpace will launch MySpaceTV this week, a new site that’s more focused on video-sharing, to rival Google’s YouTube.
Independent from its popular social network, MySpaceTV allows users to share and watch video even if they do not have MySpace accounts. This new video site will combine personal and licensed videos, as well as the recently launched Minisodes Network which features mini episodes from classic TV hits by Sony Pictures.
A recent ComScore study shows that MySpace is currently the second-largest Internet video site, getting about 38% of the market, next to YouTube’s 44%. MySpaceTV is geared towards matching what YouTube offers.
This video-sharing platform will be launched in 15 countries and seven languages, and the company repoted to have negotiated with 25 content providers already for brnaded channels. Later on, users will also be able to edit videos within the platform.
MySpaceTV will be accessible at www.myspacetv.com.
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