I don't think it really compares. For the majority of artists Myspace was their website so they never thought about being locked in like they do with Facebook.

I don't think it really compares. For the majority of artists Myspace was their website so they never thought about being locked in like they do with Facebook. Back then setting up your own website, hosting it somewhere, selling content and merchandise through it, and blogging on it wasn't such an easy thing for someone with little/no technical skills to do. Now you can setup a Wordpress site, use Bandcamp for sales (which you can easily integrate with your site), stream audio using Soundcloud (which you can embed) and it's pretty easy for anyone to set it all up.