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<b><span style="font-size:14.0pt; font-family:Arial">MYSPACE SHOWS SIGNIFICANT POST-LAUNCH GROWTH WITH 50-PERCENT TOTAL AUDIENCE INCREASE
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<i><span style="font-family:Arial">Quarterly Report Reveals Focus on Creative Community Drives Explosive Artist Growth;
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<i><span style="font-family:Arial">New Features, Content, Live Streams Drive Audience In First Three Months
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<p class="MsoNormal" style="margin-bottom:0.0001pt"><b><span style="font-size:10.0pt; font-family:Arial">Los Angeles, October 1, 2013</span></b><span style="font-size:10.0pt; font-family:Arial"> –
</span><span style="font-size:10.0pt; font-family:Arial">Myspace (</span><a href="http://www.myspace.com" target="_blank"><span style="font-size:10.0pt; font-family:Arial">www.myspace.com</span></a><span style="font-size:10.0pt; font-family:Arial">), a place
where people connect, discover, and share, announced insights from the company’s quarterly report, gauging progress and growth over a 90-day period post launch. The entirely new platform, which launched in June, saw its audience grow from
<b>24 million</b> prior to launch to <b>31 million</b> in its first two weeks out of beta. The platform has continued to grow steadily throughout the summer and, today, sees
<b>36 million</b> people.</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt"><span style="font-size:10.0pt; font-family:Arial"> </span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt"><span style="font-size:10.0pt; font-family:Arial">According to the internal report, two key communities are driving the majority of the growth: millennials and artists.</span></p>
<p class="MsoListParagraphCxSpFirst" style="margin-bottom:0.0001pt; text-indent:-0.25in">
<span style="font-size:10.0pt; font-family:Symbol">·<span style="font-size:7pt; font-family:'Times New Roman'">
</span></span><b><span style="font-size:10.0pt; font-family:Arial">70 percent </span>
</b><span style="font-size:10.0pt; font-family:Arial">of the Myspace community is 35 or younger</span><span style="font-size:10.0pt; font-family:Arial">
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<span style="font-size:10.0pt; font-family:Symbol">·<span style="font-size:7pt; font-family:'Times New Roman'">
</span></span><span style="font-size:10.0pt; font-family:Arial">The number of artists on Myspace has increased<b> 340 percent</b> since the relaunch, fuelled in part by artists including
</span><a href="https://myspace.com/pharrell" target="_blank"><span style="font-size:10.0pt; font-family:Arial">Pharrell Williams</span></a><span style="font-size:10.0pt; font-family:Arial">,
</span><a href="https://myspace.com/runthejewels" target="_blank"><span style="font-size:10.0pt; font-family:Arial">El-P and Killer Mike (aka Run The Jewels)</span></a><span style="font-size:10.0pt; font-family:Arial">,<span style="color:#3366FF">
</span></span><a href="https://myspace.com/riffraff" target="_blank"><span style="font-size:10.0pt; font-family:Arial">Riff Raff</span></a><span style="font-size:10.0pt; font-family:Arial">, and
</span><a href="https://myspace.com/charlixcx" target="_blank"><span style="font-size:10.0pt; font-family:Arial">CHARLI XCX</span></a><span style="font-size:10.0pt; font-family:Arial">.
</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt"><span style="font-size:10.0pt; font-family:Arial"> </span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt"><span style="font-size:10.0pt; font-family:Arial">Given its heritage in music, the majority of the artist community on Myspace is comprised of musicians. The site’s completely redesigned, open-canvas styling
also makes Myspace perfect for visual artists, such as photographers and designers, who comprise the second-most popular type of artist on the site.</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt"><span style="font-size:10.0pt; font-family:Arial"> </span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt"><span style="font-size:10.0pt; font-family:Arial">Myspace attributes much of this early success to its decision to build out its content offering, partnering with premiere outlets, artists, and brands to develop
and launch multiple franchises and a full slate of programming, including <b>CRWN Presented by Myspace
</b>(</span><a href="https://myspace.com/crwn/videos" target="_blank"><span style="font-size:10.0pt; font-family:Arial">Drake</span></a><span style="font-size:10.0pt; font-family:Arial">,
</span><a href="https://myspace.com/crwn/videos" target="_blank"><span style="font-size:10.0pt; font-family:Arial">Macklemore</span></a><span style="font-size:10.0pt; font-family:Arial">)</span><span style="font-size:10.0pt; font-family:Arial">,
<b>Live At The Log Cabin Series </b>(</span><a href="https://myspace.com/myspace/video/live-at-the-log-cabin-run-the-jewels-sea-legs-/109433787" target="_blank"><span style="font-size:10.0pt; font-family:Arial">Run The Jewels</span></a><span style="font-size:10.0pt; font-family:Arial">,
</span><a href="https://myspace.com/myspace/video/live-at-the-log-cabin-the-1975-sex-/109404372" target="_blank"><span style="font-size:10.0pt; font-family:Arial">The 1975</span></a><span style="font-size:10.0pt; font-family:Arial">)</span><span style="font-size:10.0pt; font-family:Arial">,
and <b>Music Video Collaborations With Artists We Like </b>(</span><a href="https://myspace.com/tvotr/video/tv-on-the-radio-million-miles-/109419629" target="_blank"><span style="font-size:10.0pt; font-family:Arial">TV On The Radio</span></a><span style="font-size:10.0pt; font-family:Arial">)</span><span style="font-size:10.0pt; font-family:Arial">.
</span></p>
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<p class="MsoNormal" style="margin-bottom:0.0001pt"><span style="font-size:10.0pt; font-family:Arial">In addition to original programming, Myspace has also invested in developing high-production-quality live streams, leveraging its platform to bring physical
experiences to audiences everywhere. Spanning events, concerts, and traditional television programming, live streams, such as Bud Light 50/50/1, X-Games Music, and the
</span><a href="https://myspace.com/jimmykimmellive" target="_blank"><i><span style="font-size:10.0pt; font-family:Arial">Jimmy Kimmel Live Stream</span></i></a><i><span style="font-size:10.0pt; font-family:Arial">
</span></i><span style="font-size:10.0pt; font-family:Arial">program, have been a key driver in engaging new audiences on Myspace.
</span></p>
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<p class="MsoNormal" style="margin-bottom:0.0001pt"><span style="font-size:10.0pt; font-family:Arial">Myspace intends to build on the momentum gained during summer by continuing to expand its content offering. The company will leverage its existing relationships
within the creative community and develop new partnerships with additional media companies in order to provide content creators a promotional platform for their work and audiences even greater access and a deeper experience around the content they consume.
</span></p>
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<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><b><span style="font-size:10.0pt; font-family:Arial; color:#333333">About Myspace</span></b></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt"><span style="font-size:10.0pt; font-family:Arial">Myspace (</span><a href="http://myspace.com" target="_blank"><span style="font-size:10.0pt; font-family:Arial">myspace.com</span></a><span style="font-size:10.0pt; font-family:Arial">)
</span><span style="font-size:10.0pt; font-family:Arial">is a place where people come to connect, discover, and share. Showcasing artists and their work, the site gives people access to 53 million tracks and videos—the world's largest digital music library.
With roots in music and social, the platform is built to empower all artists—from musicians and designers to writers and photographers—helping them connect with audiences, collaborators, and partners to achieve their goals. Through an open design, compelling
editorial features, and analytics-based recommendations, Myspace creates a creative community of people who connect around mutual affinity and inspiration for the purpose of shaping, sharing, and discovering what's next.
</span></p>
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<p class="MsoFooter" align="center" style="text-align:center"><span style="font-size:10.0pt; font-family:Arial">- Ends –</span></p>
<p class="MsoFooter" align="center" style="text-align:center"><span style="font-size:10.0pt; font-family:Arial"> </span></p>
<p class="MsoFooter" style="text-align:justify"><i><span style="font-size:9.0pt; font-family:Arial">Myspace and are registered trademarks of Myspace LLC.</span></i></p>
<p class="MsoFooter" style="text-align:justify"><span style="font-size:10.0pt; font-family:Arial"> </span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><i><span style="font-size:10.0pt; font-family:Arial"> </span></i></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><b><span style="font-size:10.0pt; font-family:Arial">For more information on Myspace, please contact:</span></b></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><span style="font-size:10.0pt; font-family:Arial">Neda Azarfar
</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><span style="font-size:10.0pt; font-family:Arial"><a href="mailto:nazarfar@myspace-inc.com" target="_blank">nazarfar@myspace-inc.com</a></span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><span style="font-size:10.0pt; font-family:Arial"> </span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><span style="font-size:10.0pt; font-family:Arial">or</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><span style="font-size:10.0pt; font-family:Arial"> </span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><b><span style="font-size:10.0pt; font-family:Arial">Jennie Boddy</span></b></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><b><span style="font-size:10.0pt; font-family:Arial">Press Here</span></b></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><span style="font-size:10.0pt; font-family:Arial">jennie@pressherepublicity.com / 212.246.2640</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><span style="font-size:10.0pt; font-family:Arial"> </span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><b><span style="font-size:10.0pt; font-family:Arial">Sarah Usher</span></b></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><b><span style="font-size:10.0pt; font-family:Arial">Press Here
</span></b></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><span style="font-size:10.0pt; font-family:Arial">sarah@pressherepublicity.com / 212.246.2640</span></p>
<p class="MsoNormal" style="margin-bottom:0.0001pt; text-align:justify"><b><span style="font-size:10.0pt; font-family:Arial"> </span></b></p>
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<span style="font-size:10.0pt; font-family:Arial"># # #</span></p>
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