MySpace’ Web traffic dropped from 73 million to 63 million unique visitors between January and February this year, according to a report.
Digital market intelligence provider comScore has found that MySpace lost 10 million unique users in just one month. It also said that traffic to the social networking turned entertainement site is around half what it was a year ago.
MySpace had around 95 million unique users in the first quarter of 2010 when it began its major relaunches.
For the last two years, the site has been struggling to compete with new players such as Facebook, which now has over 30 million registered users in the UK alone.
In November 2010 MySpace chief executive Mike Jones said that the site had changed its focus from a social networking site to a social entertainment site.
Jones said, "MySpace is a not a social network anymore. It is now a social entertainment destination."
At the start of the year, Jones announced job cuts in both the US and in its international operations.
Reportedly, parent company Rupert Murdoch’s News Corp has been trying to sell the company. News Corp purchased MySpace for $580m in 2005.
