MySpace CEO stepping down

Owen Van Natta held post for less than a year

NEW YORK -- After less than a year, Owen Van Natta is leaving the post as MySpace CEO, effective immediately, News Corp. said late Wednesday. 

The news comes after reports of style differences between him and other top executives at the social networking site.

He will be replaced by newly elevated co-presidents Mike Jones and Jason Hirschhorn, who will report to Jon Miller, chairman and CEO of digital media for the conglomerate.

All three executives joined MySpace in April 2009.

Jones and Hirschhorn previously served as COO and chief product officer, respectively.

News Corp. seems committed to MySpace's focus on helping people discover and come together around content -- from music to video and beyond.

Miller, for example, lauded Van Natta for working on refocusing and revitalizing MySpace. "The business has shown very positive signs recently as a result of his dedicated work," he said. "However, in talking to Owen about his priorities both personally and professionally going forward, we both agreed that it was best for him to step down at this time."

In a joint statement, Jones and Hirschhorn also said they will continue on the path they have set out on. "This business is now pointed in the right direction, and we have a great team of employees that will continue to push MySpace closer to its potential as the place where people go to be discovered and to discover great content," they said.

Miller lauded the new MySpace top duo for their "leadership in their operational and product guidance, respectively."