MySpace to sport new brand logo

Social networking website redesigned as popularity declines

Mike Macadaan, vice president of product at social networking site MySpace, unveiled the site's newly redesigned logo at the Warm Gun design conference in San Francisco, on Friday, reports Tech Crunch.

In his presentation, 'Designing for Real-Time: The Usability of 'Right Now' Macadaan showcased the all-black text in Helvetica font that read 'My' followed by a symbol indicating space.

According to Tech Crunch, the blank space will show user-generated artwork when members hover over the logo.

"MySpace is a platform for people to be whatever they want, so we've decided to give them the space to do it," said Macadaan.

The company has been reportedly working on overhauling its site design in an effort to shore up its dwindling popularity and membership - most of whom have left the site for rival Facebook.

Rosabel Tao, Senior Vice President of Corporate Communications at MySpace, confirmed to Forbes that the "the logo will be one element of our upcoming redesign."