Yeah it’s changed focus a few times. They focused on music for a while, then pivoted to entertainment news. Surprisingly they still have around 100 employees.
Some years ago they “lost” a lot of data during a data center migration. MySpace was the go-to place for small indie bands in the mid to late 2000s, so a lot of music that was only available on MySpace is totally lost now. People didn’t get a chance to archive it, since MySpace didn’t announce it beforehand.
I say “lost” because my opinion is that it was expensive for them to keep storing all that data and so they just deleted it all and made up an excuse.