ChasNote

Last week the talk in social media circles was the forecast that MySpace 2009 revenues will be down 15%

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. Today it’s news that traffic growth has stalled:

“In other words, the war is over. MySpace user number growth has stalled out, and historically speaking, no company of note has reversed such a trend. But MySpace may have a much bigger problem on its hands than losing the social networking war to Facebook. Their real problem is that page views are declining sharply. That means people are still visiting the site, just far less than they used to. That means less advertising impressions in a time that MySpace can hardly be expected to deal with it.” Masters of the Universe movie No Man’s Land full