Facebook Booms, MySpace Falls

Facebook, Hulu, Twitter, Bebo are all booming.  Every day, week and month the traffic numbers continue to steadily rise and their popularity doesn’t seem to be slowing down.  One of the original founders of social networking, however, has done nothing but show a steady decline in traffic and popularity over the past few months…that’s right, MySpace is falling.

How far will it fall remains to be seen, but no longer is MySpace at the head of the social networking class.  According to a report done this month by research firm ComScore:

“…MySpace had 124 million unique monthly visitors in February. That means MySpace’s traffic for the month is down 2 percent overall…and remains in sharp contrast to Facebook, which increased its traffic by 16.6 percent to 276 million unique visitors in February. “

I suppose it doesn’t help that already this month two MySpace executives and their COO Amit Kapur announced that they would be leaving the company for an unnamed startup company.  While last year, Facebook and MySpace were head to head for traffic, Facebook officially overtook them in 2008 and literally hasn’t looked back since.

Is the fight over?  Is this the end of MySpace?  Maybe, but that remains to be seen.  Time will tell and until then, we’re not counting anyone out.  Neither should you.