May’s Comscore data, reported yesterday on Techcrunch, has two pieces of bad news for Myspace:
- After passing Myspace on a worldwide basis last year Facebook is now also larger than it’s main rival in the US
- Perhaps more worrying for Myspace owners News International the site is also now going backwards, losing 700k unique users in the US in May
I would be a lot happier if Myspace was still moving forward. The criticism that social media businesses are fashion based and are all ‘here today, gone tomorrow’ is getting harder to argue against.