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Myspace Plays Catch Up: Allows Users to Record Videos From Webcam
While social networks can sometimes overlap in features, there are a selection of features that you can only find on one network or the other. This has been the case for Facebook and Myspace users for years. However, Myspace is looking to play catch-up this week. The popular social network has launched a new video feature that Facebook members have had for months. Myspace users can now record a video directly from their webcam and upload it to their Myspace profile.
YouTube Continues to Destroy All Competitors in Declining Video Market
YouTube's huge lead in market share over other online video sites continues to get bigger, even as the over all video viewing market continues a decline. According to traffic analysts Hitwise, YouTube now sees 75.43% of traffic to the online video category; that's up 26% from it's May 2007 marketshare of 59.95%. The nearest competitor is still MySpaceTV, which was down a whopping 44% to 9% marketshare. (Full chart of top 5 sites below.)
In April we reported that YouTube's dominance in online video was bigger than Google's dominance in search (67%). The new Hitwise numbers raise a number of questions for us.
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