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Almost a year after reports first came out that Facebook and MySpace (NSDQ: NWS) were working on a deal that would let MySpace users share content on Facebook, the two companies have finally made the tie-up official, saying that MySpace users will now be able to “sync” their updates with their Facebook profiles. MySpace executives have said for more than a year now that they no longer consider Facebook to be a competitor — and the tie-up appears to be the clearest indication of that yet.
The arrangement also reinforces the notion that MySpace is now more of a content site than a social networking one. Indeed, in its announcement, MySpace specifically notes that the tie to Facebook “is particularly exciting for the millions of musicians on MySpace who can now use this tool as a complement to their MySpace Music presence and share their vast library of content, including full album catalogs, to people who