Wednesday February 4, 2009 18:01
Myspace closes Korean version
Myspace Korean version officially will be closed in Feb. 18th. According to news media, Korean branch was managed by Fox Interactive, but it will be shut down in Korea too.
Myspace was launched Korean version in very enthusiastically in Apr. 15th, 2008. Chris DeWolfe, Myspace CEO who was visiting Korea, delivered a keynote at several places. Also, Miss. Sung Lee was assigned to VP in Asia Pacific region. She was one of Daum’s founding members, so it was very expected aggressive approach against Cyworld, Korean #1 SNS service.
But, it took just one year to decide to close Korean version. By notice of Myspace, user’s contents will be maintained in English version. Myspace has still local versions of Japan, Indian, Australia and New Zealand in Asia-Pacific region. It seems only for Korean version to be closed. Tough market in Korea.
On the other hand, Facebook just opened Korean localization group and translation was almost completed with over 1,500 members. It slowly grows up!
Update. Techcrunch reports MySpace Struggles In Korea, Shuts Down Regional Office.