MySpace Lost 49 Percent Drop In Turnover Year: MySpace once classified as one of the most popular social networks on the Internet. However, it is not so more now that it competes with Twitter and Facebook. In fact, he has lost almost half its traffic a year.ComScore - Web-monitoring firm - recently revealed that only 3.3 million Internet users visited a social networking site MySpace in May 2010. In an article on a webuser.co.uk, that is not working 49% of its 6.5 million in May 2009.
At stage 1, MySpace - which was created back in 2003 - there were about 100 million members, but as I said, now he has stiff competition from Facebook and Twitter. Facebook recently announced that it has reached 500 million member mark.
Even Twitter overtaken MySpace for the popularity stakes in 2009. Rupert Murdoch's News Corp bought MySpace for $ 580 million in 2005. The website has always been a strong emphasis on music, and proceeded to the free music streaming service in the UK last year.
