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MYSPACE MUSIC AND MERLIN STRIKE COMPREHENSIVE GLOBAL AGREEMENT

· Independent Labels Representing 10% Of Global Music Market To Join MySpace Music
· Deal Sees MySpace Music Further Commit To Independents With Launch Of Growth Participation Plan
· Merlin Nominee Invited To Participate In MySpace Music Board Meetings
LOS ANGELES–November 23, 2009 [...]

MySpace Reduces Staff by Nearly 30%

Return to Start-Up Culture a Focus for Company Moving Forward
As part of a plan to restructure itself into a more innovative, efficient, and entrepreneurial business, MySpace announced today that it will reduce its staff by nearly 30%. This restructuring plan crosses all U.S. divisions of the company and lowers the total number of domestic [...]

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