MySpace and Facebook: A Zero Sum Game?
Tuesday, January 12th, 2010While Facebook is demonstrating spectacular growth both in terms of members and in terms of ad revenues, much of its growth is at the expense of its rival MySpace. Online advertising spending on Facebook globally is expected to rise by 40% from 2009 to 2010, according to a new report by eMarketer titled “Social Network Ad Spending: 2010 Outlook”. However, this growth is offset by a decline of 21% in advertising spending on MySpace at the same time.
Worldwide Online Advertising Spending on MySpace and Facebook (Millions)
Source: eMarketer, December 2009
In 2009, Facebook has reached 350 million members worldwide, from 200 million in April 2009. In addition, in October 2009 it had 97.4 million unique visitors. MySpace had only 64 million unique visitors at the same period, which is a decline from a 76.3 million a year before.
US Ad Spending on Social Networks ($ Millions and % Share)
Source: eMarketer, December 2009
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