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Posts Tagged ‘MySpace’

One Year Enough for Facebook to Triple its US Market Share

Posted by Vaibhav Kalamdani on October 11, 2009

pie-chartThey say change is the only thing that is constant. While year 2009 has been fabulous for Facebook as it became the leading social network worldwide, MySpace has struggled to sustain its strong position that it enjoyed last year. The US market has embraced Facebook and distanced from MySpace ever since the former gained acceptance and adulation from the global social networking audience.

The Mark Zuckerberg-owned company grabbed a 59% market share in US according to online research firm Hitwise. On the contrary, MySpace managed to grab only 30% of the visits in September this year. If you still think that 30% is not bad, you are bound to get shocked after comparing MySpace’s performance during the same period last year. Read the rest of this entry »

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MySpace and Vodafone Team Up To Create Music Sensation

Posted by Vaibhav Kalamdani on June 20, 2009

vodafone-myspaceCollaboration is the need of the hour to grow and sustain, and MySpace is doing exactly that. The social networking site has partnered with telecom major Vodafone to launch The Music Studio – an eight month campaign targeted towards music aficionados. The strategic partnership is a result of Vodafone’s ambition to strengthen its connection with the music industry and MySpace’s aim to enhance the experience of its users.

Accessible in the UK, Germany and Spain, The Music Studio will allow users to remix the latest tracks, get insights from music experts, and obtain tips and tricks to increase their band’s profile. Read the rest of this entry »

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MySpace Axing Employees: Will That Help?

Posted by Vaibhav Kalamdani on June 18, 2009

myspace layoffNews about MySpace pruning a third of its workforce has spread like fire over the Web. The News Corp. owned social networking site is handing over pink slips to 400 people in a bid to restructure the company and revive innovation. The growing competition from Facebook and other rivals clearly seems to be getting on MySpace – the once leading social networking site in US – now dethroned by Mark Zuckerberg’s Facebook.

MySpace realized that its staffing levels were bloated, which hindered its ability to be an efficient and nimble team-oriented firm, according to MySpace CEO Owen Van Natta. The company is aiming at returning to an environment of innovation that is centered on its user and product. Read the rest of this entry »

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Social Networking Up 83% in a Year, Facebook Leads the Race

Posted by Vaibhav Kalamdani on June 3, 2009

Nielsen Online released latest figures of the social networking industry, stating that the time spent on these sites jumped 83% from previous year in the U.S. While this may seem to be exciting news, the report also warns that the behavior of social networking users is erratic and can turn the tables for any popular social networking site.

Not surprisingly, Facebook led the race with about 700% increase in total time spent on the site by users. The mammoth year-on-year increase from 1.7 billion minutes in April 2008 to 13.9 billion in April 2009 made it the top performing social networking site in the category. Long term competitor MySpace slipped back 31%, while Twitter recorded a growth of over 3700%, as it can be seen from the table below. Read the rest of this entry »

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MySpace to Launch Secret Shows in India

Posted by Vaibhav Kalamdani on May 28, 2009

myspace-musicHoping to build its brand in the Indian social networking market, MySpace is geared up to take the offline route by launching ‘Secret Shows’ in India – a platform for upcoming talented musicians. It will also roll out a music portal called ‘Music Central’ that will stream music content from regional and independent artists together with Bollywood music.

Hari Krishnan, the MySpace country manager believes that the debut Secret Show, which is scheduled to take place in Mumbai this Friday, will attract up to 400 music enthusiasts. The concert would be held free of charge for MySpace users and the company would also facilitate on-the-spot registration for new users, said Krishnan. By launching this initiative, the Rupert Murdoch-owned social networking site plans to organize at least one Secret Show per month in major Indian cities like New Delhi, Bangalore, etc. Read the rest of this entry »

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MySpace is Popular, But Are Your Friends Out There?

Posted by Vaibhav Kalamdani on May 19, 2009

myspace-vs-facebookOne of the major reasons why MySpace is losing competition to Facebook is its inability to win the hearts of the overseas audience. No doubt it is still the leading social networking site in the US today, but when it comes to the global market share, it is Facebook that enjoys a dominant position. Moreover, the latter is also getting closer and closer to MySpace and can overtake it anytime now to achieve the first position in the US market.

According to comScore, it is Facebook that ranks as the top social networking site in the majority of European countries, where a massive chunk of the online social networking audience exists. Read the rest of this entry »

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MySpace and Fox News Join Hands to Support Citizen Journalism

Posted by Vaibhav Kalamdani on April 21, 2009

myspace-fox-newsWith citizen journalism becoming a popular activity over Web (thanks to social media), MySpace invited its users to be a part of the activity by becoming volunteer ‘uReporters’. All that the users would need to do is supply news, images or videos that can be used at MySpace and Fox News Channel, a subsidiary of News Corp.

MySpace, which is also owned by Rupert Murdoch’s News Corp., launched this feature in collaboration with Fox News to showcase journalism generated and contributed by common people. Citizen journalism works on the principle of collecting, reporting, analyzing and disseminating news and information by average citizens. Read the rest of this entry »

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MySpace Rolls Out Local Business Directories

Posted by Vaibhav Kalamdani on April 1, 2009

myspace-citysearchFinding local business directories just got easier! Social network MySpace is localizing with small-business directories that features content generated by users. To get started, it has collaborated with Citysearch to introduce MySpace Local in private beta, which will provide several benefits to MySpace users based in the US.

The latest feature will allow users access social directories of small-sized businesses, write reviews, rate and share the content with others. MySpace is still working on the plan, and expects a national public beta launch in the following month. The social networking giant also plans to make the service available on mobile, increase the number of categories, and expand the service outside US. Read the rest of this entry »

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Facebook to Emulate Twitter?

Posted by Vaibhav Kalamdani on March 4, 2009

facebook-vs-twitterGet ready to witness a very interesting change on your Facebook profile. The premier social network is all set to introduce certain features which will help users share information better. With an enhanced look to its homepage, Facebook will provide members real-time updates from their friends and also allow them to interact easier and faster.

Facebook’s revamped service is especially targeted towards businesses, artists and public figures to help them connect with their customers and fans respectively, just like Twitter’s ‘follow’ feature. According to the company’s owner Mark Zuckerberg, Facebook’s new homepage will enable users see everything that’s shared by their connections as it happens. Moreover, it will allow users more control by allowing them select exactly who they see among the people and things they are connected to. Read the rest of this entry »

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