Will Twitter Become The New MySpace Music?

Wayne Rosso — Wed, 24 Jun 2009 15:45:19 +0000

Many journalists have written about the lack of a business model for Twitter. It seems to boggle a lot of minds that Twitter has become so big and yet to make a nickel. In fact, many question the real usefulness of Twitter, finding the whole concept of Tweeting rather stupid. Remember when Stephen Colbert said that he “twats”?

Now that we have finally found the perfect business model for Twitter, counter revolution, along comes the NPD Group with one of those annoying reports that it just loves to churn out. This time NPD says that Twitter users buy 77% more digital downloaders than non users. There’s a bunch of other stats, but this is the one that will get every major record label awash in hormones, panting and frothing, rushing to shove every piece of shit down the Twitter pipeline.

Once record labels discovered that MySpace was full of music lovers, they completely drowned the service with every amount of crap imaginable, turning it into a total mess. They had a&r people scouring the service, looking for the next big thing. I’m not sure that strategy has been successful, but as a whole MySpace has become completely diluted. Look for history to repeat itself.

If you weren’t sick of Twitter to begin with, you sure will be soon.

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Will Twitter Become The New MySpace Music?