Yesterday night MySpace launched its Self-Serve Ad Service, which will allow MySpace users to post advertisements directing viewers to their profile pages. Nick O’Neill at Social Times writes that the service seems to be targeted toward musicians, but its a tool companies can take advantage of as well. Major advertisers are creating profile pages for their products, termed branded communities, to make their advertising social, MySpace SVP of Marketing, Entertainment and Content Angela Courtin told me at the Omma Global conference last week.

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