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Monday May 21st 2012

Quick Hit: MySpace Users May Be Able to Share Content Using Facebook

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LOS ANGELES (YBH.ME) – Current MySpace CEO Owen Van Natta, once a Facebook exec, announced today that MySpace users may soon be  able to share content via Facebook Connect, if talks between the companies go well. With Facebook claiming 300 million users and MySpace’s growth flat, the move makes sense, say tech watchers.

According to Hitwise, trusted industry analysts of website traffic, the top social networking sites in terms of traffic were represented as follows:

Market share of U.S. Internet visits to top five social networking Web sites

Rank

NameDomain

September 2009

August 2009

September 2008

Year-over-year percent change

1

Facebookwww.facebook.com

58.59%

55.15%

19.94%

194%

2

MySpacewww.myspace.com

30.26%

33.00%

66.84%

-55%

3

Taggedwww.tagged.com

2.38%

2.36%

1.62%

47%

4

Twitterwww.twitter.com

1.84%

1.95%

0.15%

1170%

5

myYearbookwww.myyearbook.com

1.05%

1.16%

1.76%

-40

For retailers, social network users are a key demographic as they are a group which readily purchases online.  Facebook, YouTube and MySpace rank as the top three social networking sites for online retail advertising, according to www.intertetretailing.com.

The flight from MySpace has happened astonishingly fast, perhaps because, as one online blogger put it, “in Facebook, you aren’t talking about yourself, you’re sharing your story. And you’re inviting others to contribute and share.  There’s a trust relationship.”

Which retailers are anxious to cash in on.

Related posts:

  1. U.S. willing to share airwaves with commercial users
  2. Proxy adviser ISS slams Facebook share structure
  3. Indian courts challenge Facebook, Google content: report
  4. No "Facebook fatigue" for longtime users: survey
Laura spent years as a Hollywood story analyst, did a big 180, and is now an entrepreneur focused on web marketing and analytics. She's also a mom of one.

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Post Published: 26 October 2009
Found in section: News and Analysis, Technology and Science