Wednesday, October 7, 2009
MySpace Poised to Hire New Ad Sales Head as It Preps Music- and Entertainment-Centric Strategy and Redesign
In a week, the entire advertising sales staff of MySpace will gather at a swanky new seaside resort about 20 miles south of Los Angeles to get a first glimpse of the fresh direction the company is preparing to take under its new management.
The beleaguered social networking site has been in the midst of an effort to reinvigorate its image, spur innovation in its product and–most of all–pull itself out of a too-long slump, even as longtime rival Facebook has seen explosive growth.
On the possible agenda: A new strategy aimed at music and entertainment; a new look; and, perhaps, a new boss for the ad sales team.














Amit Kapur, who was elevated to COO of MySpace early last year, will be stepping down from the position. He’s leaving the company to start a new venture with two other MySpace executives, Jim Benedetto, SVP of Engineering, and Steve Pearman, SVP of Product Strategy.
BoomTown is headed to the 2009 Sundance Film Festival today, an annual journey I make to moderate panels about the tech industry. The festival officially opened yesterday in Park City, Utah. While still largely a confab of independent filmmakers, Hollywood deal types and various celebrities rifling though swag orgies, a lot of geeks are there too. 