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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Papers gloat over fall in MySpace popularity

Is this a case of wishful thinking by old media? Both the Washington Post and the Wall Street Journal report that Myspace.com is losing its popularity after a Nielsen/Net-Ratings study claimed participation has dropped by 4%. According the Post young people are turning instead to Facebook.com while the WSJ claims that they are renouncing all social networking sites. Both, of course, gloat about Rupert Murdoch's NewsCorp having paid $580m for MySpace. (Via Editors' weblog)

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