Myspacehistory Found and launched in Santa Monica, Calfornia in 2003 Estimated revenue 2009 was USD 385 millions.
Who uses MySpace? From 18 years and above but over time the limit dropped to 16 and then later to 14 The youngest users are given the option to make their profiles visible to friends only and they do not appear in searches
In August MySpace enrolled its one hundred million users and reportedly registers 230,000 new users on a typical day. Many teens access MySpace at least once a day or whenever computer access is possible
Bulletin based Advertising. Mastering this is the first and most fundamental step towards making money with MySpace. Add as many friends as possible (either manually or through automated software) and learn to send out bulletins or comments which drive traffic towards your money-making sites.
Use Affiliate programs. Direct MySpace traffic to your website which contains your affiliate links or product feeds. I suggest going for Cost per Action programs which only require the visitor to submit his or her email address or sign up for a free account with any website.
Creating and Sell MySpace scripts or templates. You can either set up your own website to sell these templates or sell them to MySpace Resource websites, who are always looking for new material. Keeping the price competitive is an important factor
Start a Proxy site Proxies are websites, which allow users to surf websites which may be banned in a specific locality. They are usually monetized by Ad sense or other types of contextual based advertising. There are a lot of proxies out there and competition for MySpace and other internet users is quite strong.