MySpace Looking to Transform Into Gaming Platform

MySpace, seemingly in a losing battle with Facebook, is looking towards gaming now as a way to reinvigorate the service, according to parent company News Corp.

"MySpace is and will be more in the future a gaming platform, a space for people to meet and play games," Jonathan Miller told a gathering at the Fortune Brainstorm: TECH conference in Pasadena, California on Thursday.

"None of the traditional media conglomerates are also significant video game players, so to speak, and I think that that's the missing piece of the equation, particularly when you see how much time is spent playing games online," Miller said.

Miller went on to tell Reuters that while MySpace won't be primarily a gaming destination, that will be a crucial theme.

"If you look at the big activities online, games right now is number three," he said. "Communications, search, games. So it's clearly going to be a major focus."

He also said that News Corp could even consider making acquisitions to bolder "MySpace's video game platform."

With Warner Bros. ramping up their efforts in game development as well it could be an interesting time for game development and it's cross-pollination with other forms of entertainment.

News Corp sees MySpace as place for videogames