The blogs have been talking about it for months (years, actually. Today, a new forecast from eMarketer predicts that social network ad spending in 2009 will drop, despite growth in Facebook spending, due mainly to a crash in MySpace share.
Blogger Jason Miller sums it up pretty well: "If it's lucky, MySpace is the new Yahoo. If unlucky, and it is unlucky lately, MySpace is AOL. Facebook has supplanted it, and will continue to do so."
Did Rupert Murdoch do it? Did Facebook do it? Did the kids do it? Did their parents and grandparents do it? Too ugly, too porny, or just too old?
Love to hear your thoughts.
That is, if you're not to busy Facebooking.
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