MUMBAI: Social networking website MySpace has named Amit Kapur as its chief operating officer.
In this role, Kapur will be responsible for spearheading the development and implementation of all global business operations for MySpace’s more than 110 million users worldwide. He will also oversee the growth and expansion of MySpace partnerships across the upcoming Developer Platform and popular features including MySpace Mobile and MySpaceIM with Skype.
“Amit has been a key player in our business strategy since day one and he has pioneered some of the company’s most exciting and innovative ventures. He has the kind of insightful, out-of-the-box strategic thinking that has allowed MySpace to maintain its position as a global leader in social networking and his passion is completely infectious,” said MySpace CEO and co-founder Chris DeWolfe.
Kapur, 26, joined MySpace in 2005 as the company’s first business developer hire. In this early role, Kapur led the advance of the MySpace Mobile product through solidifying landmark partnerships with AT&T (then Cingular) and Helio. Kapur was also responsible for numerous business expansion initiatives such as company’s initial globalization strategy and deal negotiations across various partners.
In 2006, Kapur was promoted to vice president of business development where he was integral to key business relationships and deals for MySpace including the landmark monetization deal with Google, the strategic product partnership with Skype to create a new instant messenger client, and the company’s first music licensing pact with Sony BMG.
“In only four years MySpace has become the largest and most dynamic social platform in the world. This is a critical year in the evolution of the Internet and we’ll be at the forefrontâ€”driving innovation and creating forwarding-thinking business models that foster a more personal, portable, and collaborative Web,” said Kapur.
Before joining MySpace, Kapur worked in the strategic planning and business development group at NBC-Universal.