A bad day for Myspace

By June 16, 2009 7 Comments


May’s Comscore data, reported yesterday on Techcrunch, has two pieces of bad news for Myspace:

  1. After passing Myspace on a worldwide basis last year Facebook is now also larger than it’s main rival in the US
  2. 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.