Will This Week's Redesign Save MySpace?

So in no way is it the end of MySpace but there appears to be a consistent trend domestically: users are leaving MySpace and flocking to Facebook. The press frequently hypes this up to be a result of the site’s poor redesign which has the “aesthetic appeal of a 14-year-old’s high-school locker.” The trend toward Facebook was highlighted when it was announced last week that Facebook overtook MySpace to become the number one social network worldwide.

Is there a market for MySpace or will everybody eventually go running out the door? While I’d like to make it sound like a mass exodus is taking place, the reality is that MySpace still has a dedicated user base.

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