MySpace Has Leveled Out, But Business is Good
Peter Kafka at SAI has a good report on the fortunes of MySpace and Fox Interactive Media (FIM).
Growth for MySpace has leveled out while it increases for competitors like Facebook. That is the bad news, certainly. However, engagement by those who are still on the site is going up. What’s the point of having a ton of new users if they don’t spend any time on the site? The fact of the matter is that while Facebook has taken the worldwide unique visitor lead, MySpace is slaughtering them on engagement with about 50% more average minutes per visitor.
Continue Reading
