From its name, can you tell something about it? Yes, it is a platform like Facebook for you to share everything with your friends, music, videos, etc. And in fact, this is primarily a music-based SNS. You can queue and share music here with others. Also you'll get to know what's new to your friends and know more about the latest news about music.
2003-2005: Beginning. Myspace was established in July, 2003 by Tom Anderson (MySpace's starting president), Chris DeWolfe (MySpace's starting CEO), and a group of programmers.
2005-2008: Rising and flourishing. The rising point should be 2005. In July, 2005, Rupert Murdoch's News Corporation purchased Myspace's parent company eUniverse (now renamed Intermix Media) for US$580 million. About US$327 million has been attributed to the value of Myspace due to this purchase. "Within a year, Myspace had tripled in value from its purchase price", described Wikipedia.org.
2008-2012: Decline. If we say the prosperous of Myspace is at the time when it was purchased by News Corporation. Then its decline we should is at the time when News Corporation sold it. On 19th April, 2008, Facebook has taken over Myspace in the Alexa rankings. And since then, Myspace began to lose its membership. Between 2008 and 2010, Myspace has drop down its value from $850 million to only $10 million. In June, 2011, Myspace was sold for $35 million, reported by CNN.
2012 till now: New Myspace. On 24th September, 2012, one of the owners of the company, Justin Timberlake, tweeted a link to a video showing the "new Myspace". Then it was kind of the return of Myspace. On January 13, 2013, new Myspace entered its open beta phase. Then on June 11, 2013, Myspace shut down all games on its platform. The next day, it announced that it will launch a mobile app to allow users to listen to personal radio stations and create animated GIF files.
Later in 2013, it seems more bad news than good one of Myspace was reported. From the history of Myspace, compared with Facebook and Twitter, the friendlier to users, the longer living on nowadays network world. More details you can just check in Wikipedia. If you download Myspace music or videos, when encounter problems on compatibility, don't forget to make use of iOrgSoft Video Converter and Audio Converter to do simple conversions!