Despite the current economic crisis, and the resulting chaos in the music industry, President of Myspace Music, Courtney Holt remains “cautiously optimistic” that they will remain successful in building an “innovative online business.”

In a recent interview, Holt told Billboard Mag that since he accepted the presidency at Myspace Music, they have:
- made tweaks to Myspace Music’s search engine
- added new playlist features
- improved the music player

These tweaks have contributed to:
- 40% spike in search engine traffic
- the creation of 105 million active playlists by Myspace Music users
- more than 5.3 billion average aggregate minutes spent listening to music in January alone
- new advertising partnerships with companies like, Toyota, Visa, McDonalds, Kmart and Adidas

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