Although a lot of people like to tell us that MySpace is dead, it still has a place for all musicians.
More than that, in fact. It is essential that you have a plan for at least a basic form of MySpace music marketing.
This article gives a thorough reason for why that is so.
Currently no service truly has the same democratic approach for new and unsigned acts that MySpace does. The site has always used its plethora of content well, with weekly Best of MySpace podcasts to help users find new and exciting music. Adding a simpler and more modern user experience to this could boost its popularity.
Read the comments as well as the article for a well thought out argument. Bottom line - people still go to MySpace as a reference for new music. You have to have a presence.
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