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Myspace will be redesigning the site over the next six months in hopes of turning a profit with it.
The problem is that most people that spend time on social networking sites are banner blind. They are able to totally ignore all forms of advertising and it makes it hard for the guys spending money on ads to make a profit. They haven't figured it out yet. MySpace getting a facelift in effort to turn popularity into wealth - International Herald Tribune |
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It might be to late to save themselves unless they come out with some pretty cool tools. |
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