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Facebook beats MySpace, says MySpace

p2pnet news view | Advertising:- In the world of major corporate social networking-cum-advertising sites, Facebook definitely has the edge.

Who says?

MySpace.

Or at least, that’s what co-founder Brett Brewer (right) believes.

In an interview with the Sydney Morning Herald Brewer, who co-founded InterMix Media, which sold MySpace to Rupert Murdoch’s News Corp, “said MySpace would still grow strongly but not as fast as Facebook,” it states, going on:

“But Mr Brewer, who has left the company to set up an online ad network that deals with both companies, also warned that Facebook is likely to be usurped as the king of social networking sites within two years by another entrant which will most likely pop up with better user functionality for mobile phones.”

According to him, “Clearly, the world eagerly embraced MySpace, but as the average person has adopted social networks, where they come to first is making connections with the people they already know. Facebook has done an excellent job of capitalising on that.”

Adds the SMH:

“While the winner in the race for user numbers appears to be clear, making money from them is not – a point made by Rupert Murdoch this week. He said there had been a “slight downturn” in revenue at MySpace.

“According to Mr Brewer, MySpace’s revenue decline is partly linked to News Corp and MySpace being outplayed by Facebook in opening up applications, or ‘widgets’, to outside developers on a revenue share model.”


Sydney Morning Herald – Facebook tipped to outshine MySpace, February 12, 2009


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