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MySpace loses 49% of visitors in 12 months

Social network fails to keep up with rival Facebook
Tags | twitter | Tech industry | software | MySpace | Internet & broadband | Facebook

MySpace has only half as many visitors as it had last year, says ComScore.

The net research firm revealed that in May 2010, just 3.3 million web users visited the social network, compared to 6.5 million in May 2009. That's a 49 percent drop.

MySpace was founded in 2003 and at its peak had 100 million members. In 2005, News Corp, which is headed by Rupert Murdoch, acquired MySpace for £351m.

However, the social network struggled to keep pace with rival Facebook, which has soared in popularity since 2008 and subsequently overtaken MySpace.

This week, Facebook announced it had reached the 500 million members mark. In the UK, the social network has 30.4 million users, which, according to ComScore, is 79 percent of the country's web-using population.

Meanwhile, micro-blogging site Twitter has 4.3 million users in the UK, which is 62 percent up on last year.

ComScore also revealed that 90 percent of UK web users aged 15 and over used social-media sites in May 2010.

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More about: etwork, Facebook, News Corp
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Comments

1

Mike

Thu 29/07/2010 - 12:34

Yeah I think Myspace is just about done, even with the relaunch. You heard it here first, the next giant social site will be this one... http://www.kickstarter.com/projects/goodieboyz/the-next-really-really-ridiculously-cool-social-ne they just started posting their pitch today and my friend who is working with the team says this social network is going to blow people away!

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