Myspace challenges Youtube

September 14, 2006 · Filed Under Myspace, Social Networks

myspace

Since 60 to 70% of Youtubes’ traffic starts at Myspace, Peter Chernin of News Corp said that: “It’s time to cut the middleman”.

“If you look at virtually any Web 2.0 application, whether its YouTube, whether it’s Flicker, whether it’s Photobucket or any of the next-generation Web applications, almost all of them are really driven off the back of MySpace,” Chernin said at the conference. “There’s no reason why we can’t build a parallel business.”

Well, most Diggers say that Youtube will eventually win in this Myspace vs Youtube war, as Myspace should stick with what they are good at and the same goes for Youtube.

Article source here.

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