Users will be able to subscribe to BBC Worldwide's MySpaceTV video channel to view, embed and share BBC content.
"MySpace is recognised as the largest social networking site and this partnership continues our strategy of putting BBC content where audiences watch video online," said Simon Danker, director of digital media at BBC Worldwide.
"The breadth of content we bring to this deal means that MySpace users will be able to find a favourite clip to put on their profiles and share with friends, whether that is a Top Gear stunt or something a bit different from The Mighty Boosh."
Content will include classic moments such as Robbie Williams and Russell Crowe being interviewed on Parkinson, and some breathtaking clips from Sir David Attenborough's natural history series.
Also available will be highlights from series such as Doctor Who, Robin Hood and Torchwood, as well as sketches from The Catherine Tate Show and Red Dwarf.
"With this deal our users can watch their favourites clips, post them to their profile and share them with other members of the community quickly, easily and legally," said Travis Katz, international managing director at MySpace.
"This is the first global network deal for MySpaceTV, and we believe it is the future of collaboration between the web and networks around the globe.
"The BBC is one of the world's most recognised and trusted television brands with fantastic content."