Myspace was a big player in the social network market a few years ago but as Facebook came popular for its structure layout and controls Myspace lost ground, Giving its users to much control of their profile layout was a big part of this, you only need to look at some Myspace profiles to see this, Letting users change the css meant some profiles were cluttered with background images then made the content impossible to read.
Back to now, Myspace are addressing its known issues with a brand new design which looks fresh and modern:
Watch their new trailer at https://new.myspace.com/play
Is this too little too late? Has Myspace time passed?