MySpace Might Have Friends, but It Wants Ad Money

With an eye toward monetization, MySpace is being redesigned with a new home page, which will be less cluttered and more hospitable to advertising. (The home page will also feature a “splash page” for an ad about the new Batman movie, “The Dark Knight.”) The redesign, to be done by early fall, will include a new navigation bar, search tool and video player.

Here's an in-depth look courtesy of NY Times