This evening MySpace sent out a press release announcing that the company’s CEO, Owen Van Natta, is stepping down and will replaced by Mike Jones and Jason Hirschhorn who will serve as co-Presidents. There are a number of interesting components of this news story. The most interesting is that we’ve been hearing rumors that Owen Van Natta was under strict orders to turn the company and if it wasn’t turned around within 6 months he was out. The other interesting tidbit is that Techcrunch recently published that Jason Hirschhorn was exiting the company.
Read more
