MySpace CEO Shown The Door

Exit now confirmed

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Big changes may be afoot at MySpace.  Although the info’s far from being confirmed, a new report claims that CEO Chris DeWolfe – in addition to at least a couple other execs – is leaving the company on what could politely be called an involuntary basis. 

Chris DeWolfe

Michael Arrington wrote last night, "[A] decision has already been made to terminate Chris DeWolfe’s employment with MySpace.  We’ve also been told that the core MySpace executive team will follow. . . .  [O]ur guess is that it’s the very senior team that will be terminated: cofounders Chris DeWolfe (CEO), Tom Anderson (President) and Aber Whitcomb (CTO)."

If true, this would seem to signal that News Corp has lost all patience with the current MySpace-Facebook situation and is ready to take things in some radical new directions.  It’s not every day that from-the-beginning leaders of established organizations get sacked, after all.  And the change wouldn’t just be some boardroom matter, since Tom Anderson is a component of about every MySpace user’s profile.

Still, there’s no guarantee that an executive overhaul will take place.  As Kara Swisher recently pointed out, Michael Arrington and TechCrunch have gotten a rumor or two wrong before (think Google-Twitter and Google-Digg acquisition talks, for starters).

We’ve sent a request for comment to MySpace and will update this article if a reply’s received.

UPDATE: MySpace passed along a press release that states, "MySpace CEO Chris DeWolfe and News Corporation’s Chief Digital Officer Jonathan Miller, announced today that, by mutual agreement, Mr. DeWolfe will not be renewing his contract and will be stepping down in the near future. Mr. DeWolfe will continue to serve on the board of MySpace China and will be a strategic advisor to the Company.
"Additionally, Mr. Miller announced that he was in discussions with Tom Anderson, MySpace’s president, about Mr. Anderson assuming a new role in the organization."

MySpace CEO Shown The Door
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  • http://dishnetwork-tv.synthasite.com jay Dishtv

    Why do you think they would let them all go?

    Myspace has been huge for years and still is. Are they getting over taken by Facebook?

    I’ve noticed that Myspace has really been a hot bed for very young teens as of late. They need to curb what’s going on with fake profiles as well ( Teens who are 13 saying they are 25) , maybe the new staff will do a better job of that.

    I do like the free classifieds, I hope the new execs don’t change that at all!

  • http://problogdesigns.blogspot.com/ Meet Delords the Blogger

    If Such changes will help Myspace in rebranding itself
    and winning People’s trust then its ok because so many
    people are not happy how its going now,

    But I will suggest they talk on doing new changes on
    Their Offers instead on their executives.

  • http://www.francislee.com.au Francis Australian SEO

    Doing this would probably slow things down for Myspace instead. not 100% sure if this is the best decision by News Corp

  • http://www.myspace.com/kathleen_beth Guest

    I lost interest in Myspace after the site wouldn’t allow me to sign in. I had my myspace site for a long time, filled it up with loads of photos and invited a lot of friends. And then one night, my password wouldn’t work. I’m not sure why it wouldn’t work, but it no longer worked. When emailed for a ‘forgot password’ nothing has helped. Myspace has ignored me.
    The worst thing, is that my sight is still up. This is ridiculous and pathetic customer service.

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