Owen Van Natta Out as MySpace CEO

Owen Van Natta, the former Facebook executive who was picked to revive MySpace last April, is stepping down, News Corp (s NWS) just announced. He’ll be replaced by two of his hires lieutenants, Mike Jones and Jason Hirschhorn, who now each share the title of co-president, reporting to News Corp digital CEO Jon Miller.

Circumstances around the shake-up aren’t clear yet. Miller was quoted in a press release as basically saying that Van Natta’s personal and professional priorities weren’t in alignment with MySpace.¬†One thing is clear: Running MySpace, and trying to bring it back to relevance, is a tough job.