What Happened To Myspace? Why Did It Fail?

Executive Summary: Myspace was a social media network that enabled users to create their own profile pages, engage in various forums, listen to music, and more. Myspace failed because of rising competition, a poor and inconsistent product, heavy spending, as well as ongoing legal battles. Launched in January 2004, the site became the world’s leading … Read more

What Happened To Vine? Why Did It Shut Down?

Executive Summary: Vine was a social media platform that allowed users to upload and watch 6-second videos in a loop format. Vine shut down because it failed to support its content creators, due to high levels of competition, lack of monetization and advertising options, personnel turnover, as well as issues at parent company Twitter. Founded … Read more

What Happened To Quibi? Why Did It Fail?

Executive Summary: Quibi TV was an on-demand streaming application that focused on short-form video content. Episodes were around 10 minutes in length. Quibi, despite raising billions, had to shut down within six months of launching. Its content library was eventually sold to Roku for around $100 million. Quibi failed because it burned through too much … Read more