MySpace Loses Another Top Executive


Management turmoil continues at struggling MySpace, as the social networking site shed another top executive Thursday.

Former MTV and Sling Media executive Jason Hirschhorn quit as co-president, a job he took just four months ago, to return to New York.

Hirschhorn’s departure after just over a year at MySpace raises new questions about corporate parent News Corp.’s prospects of reviving the slouching fortunes of MySpace. The onetime sizzling hot Internet property has in recent years suffered from sagging advertising revenue and lower online traffic as Facebook has overtaken it as the world’s most popular social networking site.

&#8226 Read the full Los Angeles Times story.

&#8226 Read the full Tech Crunch story.

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