MySpace launches in South Korea

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SEOUL -- A local version of MySpace launched Tuesday in South Korea, where social networking services enjoy huge popularity.

"MySpace is committed to support this by collaborating with Korea's culture creators and IT talents," MySpace co-founder Chris DeWolfe said.

"MySpace will be the one and only platform that provides an opportunity for Korean users to easily meet friends around the globe, surpassing the hindrance of language and culture."

A MySpace Korea representative said the service initially will focus on its music and television services.

MySpace Korea's launch party Tuesday featured performances by local acts that already have MySpace pages, including Crying Nut, Clazziquai, Escola Alegria and Winter Play, as well as several local DJs.

Popular homegrown social networking sites include Daum Cafe and Cyworld, which launched in 1999 and claims some 20 million members.

Despite the competition, MySpace thinks there is room for its service in Korea, citing its 200 million-strong global community and its use of open-platform standards.
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