From MySpace to MyFreeDiskSpace: 12 years of music – 50m songs – blackholed amid mystery server move

Found on The Register on Monday, 18 March 2019
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MySpace, the Norma Desmond of social networking platforms, appears to have lost all the music uploaded to the site since its founding in 2003 through 2015, a blunder the company reportedly attributes to a failed server migration.

The lost files – said to amount to 50 million songs from 14 million artists – appear to be unrecoverable. Videos, photos, and other posted content may have vanished too.

Either it's a massive incompetence (no working backups) or a cheap excuse for getting rid of old data. The former is possible, but the latter more realistic.