Raja Jasti’s Blog - Renaissance Thinking

April 24, 2009

Owen Van Natta is Myspace’s New CEO

Filed under: Business, Internet, Media — Raja @ 8:34 am

News Corp has chosen Owen Van Natta as Myspace CEO.

They pulled the trigger: Owen Van Natta is now the CEO of MySpace and will report to Jonathan Miller, the new CEO of Digital Media for News Corp.

Van Natta is a former Facebook and Amazon executive who, until today, was the CEO of a decidedly unstable music startup called Playlist. He’s got the resume to run MySpace, but as we said yesterday there are some serious questions around whether he’s the right guy. He that he still owns a significant part of Facebook and he’s clearly leaving Playlist, and the executives and investors he brought on board, in a bad situation. He joined that company just a few months ago. The rumor is that they’ll now be forced to shut down, although Playlist announces in a separate release that board member John Sykes, a cofounder of MTV, will take over as CEO for now.

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