MySpace Graveyard offers place for MySpace defectors

MySpace, once the undisputed king of social networking, has been losing viewers at an alarming rate. With the plethora of social media options the dinosaur of the movement has been struggling to stand its ground.

According to hitwise, MySpace’s ranking in the Entertainment – Mutlimedia visitors experienced a nearly 10% drop in popularity:

MySpace loses popularity

MySpace’s initial growth focused on community and music. The chart below shows MySpace’s drop in contribution of traffic to the Music – Bands & Artists category.

MySpace Music Contribution

MySpace also recently ousted the CEO, (you know, Tom) according to their press release. They also recently slashed their workforce.

Is the end near? If so, collegehumor.com has a suggestion of what you can do with your old MySpace account.