MySpace An Endangered Species?
- Image via CrunchBase
There is no doubt that the market is becoming overrun with social networks. While there is value in a great number of them, after awhile they all starte to look the same. With only slight variations it makes a person wonder why one would be different from the rest if they are all so similar. That being said, the grand-daddy of the social network medium, MySpace, might be on the endangered species list.
It’s no surprise that during an economic crunch that “re-structuring” is inevitable, but recently we’ve seen a large number of the U.S. staff released from the company, and now the wave appears to be hitting Europe. After reading an article on TechCruch it got me thinking if MySpace is even relevant anymore.
It’s become a marketing ground for new bands, comedians, and other entertainers. The playground to the 15 and below crowd, it fails to reach the depth that other social networks like Facebook have reached in recent years. Much like AOL was a pioneer and has slowly been phased out of importance, is the same happening to the social networking pioneer MySpace?
Do you still use MySpace? If so for what? Do you find it relevant in your life, why or why not? I’d love to gauge the readership of Crenk and find out if MySpace is even a blip on the radar in terms of connecting with people.
