• by Mark Walsh  @markfwal, September 21, 2009

MySpace has to get more open to be a better platform for gamers. Says MySpace is now fifth largest network with 158m uniques, most coming from third parties. We've figured out how to take user data and external and turn into real bidding data.

Miller concedes MySpace fell behind in product development and technology to Facebook. He points also to Hulu as an example of an online media company that has been innovative and established itself quickly in the video space. "Our future for MySpace is very much tied up in creation of media. First up in that regard is music." So going to focus on diff aspects of media consumption and social aspects around that. That's MySpace's core strategy going forward. Which really is different from Facebook, which is now describing itself as a "technology" company. Of course, if Facebook ever launches its long rumored music service it could be competing more directly again with MySpace on that front.