Video: New MySpace is now My_____??

MySpace's new logo... features an actual space ______ Get it?

Okay, neither do we. But enough logo bashing (see previous post), this redesign is less about the newly unveiled 'logo' and more about the brand. YES!!! The team at Pereira & O'dell got it right! We all know MySpace has virtually unbranded themselves off the face of social media, when at one point they were, social media. But, despite the odds and that new logo, MySpace... wait My_____ is trying to stage a comeback. The site on Tuesday announced a major revamp that aims to go beyond image tweaks, repositioning itself not as a social network that can compete with Facebook or Twitter, but as a "social entertainment destination for Gen Y."

Read more here: CNN.com

The site nor the logo are actually live, but we found this promotional video MySpace just released.