Thursday, February 24, 2011

MySpace Music decides to do without a President

Courtney Holt, who was president of MySpace Music, has decided to follow the herd and has stepped down from the role. He's not being replaced, either, with MySpace CEO Mike Jones taking responsibility for Music, too, which pretty much looks like a "keeping it going until someone takes it over or kills it off" position.

MySpace Music still does pretty good numbers in terms of visitors in the US, but hasn't been able to turn the ears into anything saleable; to add insult to injury, half-assed YouTube spin-off Vevo now outstrips it for visitors.