A few years ago, MySpace.com was just an idea kicking around a Southern California spam mill. Scroll down to the present day and MySpace is one of the most visited Internet destinations in America, displaying more than 40 billion webpage views per month and generating nearly $1 billion annually for Rupert Murdoch’s online empire. Even by the standards of the Internet age, the MySpace saga is an astounding growth story, which climaxed with the site’s acquisition by Murdoch’s News Corporation in 2005 for a sum approaching one billion dollars. But more than that, it may be the defining drama of the digital era.
In Stealing MySpace, Pulitzer Prize-winning journalist Julia Angwin chronicles the rise of this Internet powerhouse. With an unerring eye, Angwin details how MySpace took the Internet by storm by grabbing the best ideas from around the Web, encouraging pinup stars such as Tila Tequila to make their home on its pages and giving everyone freedom to experiment with online identities–including using somebody else’s identity.
Stealing MySpace introduces us to the site’s founders, Chris DeWolfe and Tom Anderson, who dabbled in computer hacking, online pornography, spam, and spyware before starting MySpace. Although their street savvy, doggedness, and clubbing skills far eclipsed their tech prowess, they stumbled their way to success and soon found themselves at ground zero of a high-stakes war that pitted Rupert Murdoch against his frequent nemesis, the combative Viacom CEO Sumner Redstone. Angwin sheds light on the dizzying backroom deals that allowed Murdoch to snatch MySpace from Viacom’s grasp even as the MySpace founders remained in the dark about their own fate. Then she takes us inside the Murdoch empire as DeWolfe and Anderson lobby furiously to regain control of their creation.
Venturing beyond the business aspects of the story, Angwin also explores the Internet culture, a voyeuristic world in which MySpace must stay one step ahead of amateur pornographers, sexual predators, and “spoofers” who set up fake profiles (Rupert Murdoch himself tolerates dozens of phony “Ruperts” on the site) and cope with the general excesses and sometimes illegal acts of a community of account holders equal in number to the population of Japan.
In Stealing MySpace, Julia Angwin dishes on the epic real-world battle for control of a virtual empire. In a savvy, smart, fast-paced narrative reminiscent of Bryan Burrough and John Helyar’s Barbarians at the Gate and Michael Lewis’s The New New Thing, Stealing MySpace tells is the whole gripping story behind a breakout cultural phenomenon.
From the Hardcover edition.
About Julia Angwin
Julia Angwin is an award-winning journalist at The Wall Street Journal, where she writes about the convergence of technology and media.
Ebook | $9.99
Published by Random House Mar 17, 2009| 384 Pages| ISBN 9781588367693
“Overall, you needn’t know a portal from a platform to follow this sprawling, rollicking Internet history.” —New York Times
“Julia Angwin takes us behind the scenes every step of the way in this tale of high tech, high stakes, and high egos. The history of MySpace–from predecessor companies that sold wrinkle cream and ink cartridges to its surreptitious sale to Rupert Murdoch’s global media conglomerate to its emergence as America’s most popular website–is a story that couldn’t be made up, and couldn’t be better told.”–Paul Ingrassia, Pulitzer Prize-winning financial journalist and author
“The first and only business history thus far of MySpace, this outstanding title is highly recommended.”–Library Journal
“Early galleys have the technorati atwitter. Stealing MySpace takes us into the backroom dealing. . . . [Angwin] delivers juicy details.”–Fortune
“Remarkably true to life–it provides a rare insider’s view of the collision of traditional and new media that is shaping our digital future.”–Jonathan Miller, Velocity Interactive Group
“The story behind the story of the global social networking phenom and the larger-than-life characters behind it, from Rupert Murdoch to Tila Tequila to John Doerr. Buy–or steal–this book.”–Michael J. Wolf, former president and COO of MTV Networks
“Meticulous and engaging. . . . sparkles as a boardroom page-turner.”–Washington Post