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+MySpace plans to launch an overhaul to its MySpace Video service tomorrow, complete with a new name, MySpace TV and separate URL. MySpace is currently the number two video host in the U.S, trailing YouTube by about 8 million viewers a month.
+
+According to the [New York Times][2], the new MySpace TV will be [available at a separate domain][3] so that those without a MySpace account can still access video from the site's users.
+
+However MySpace TV is also said to be moving away from user generated content to focus more on professionally created content. For all the hype surrounding user-generated content, it's still the professional clips that bring in the advertising dollars.
+
+MySpace TV is not just a name though, the Times says that each MySpace member page will "link to a separate MySpace TV channel, which will display the videos the user has uploaded."
+
+As with the rest of MySpace users will be able to unleash their hideous design choices on the web at large -- customizing the page as it's known in the trade.
+
+MySpace also plans to launch an online video editing service later this year to compete with [YouTube's Remixer offering][1].
+
+[1]: http://blog.wired.com/monkeybites/2007/06/youtube_launche.html "YouTube Launches Lackluster Video Editing Tools"
+[2]: http://www.nytimes.com/2007/06/27/technology/27video.html?ei=5088&en=551d80295e4c0211&ex=1340596800&adxnnl=1&partner=rssnyt&emc=rss&adxnnlx=1182956421-2ZsQE3UPTNgm6WBluPwZuw "MySpace, Chasing YouTube, Upgrades Its Offerings"
+[3]: http://www.myspacetv.com/ "MySpaceTV"
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