It is being said that major social networks like MySpace and Facebook, and perhaps social networks as we know them have reached their climaxes in terms of usage and monetization.
Om Malik says these networks are getting a "sanity check", Revision3 canceled “SocialBrew,” an online video show dedicated to social networking. Meanwhile, first reported in April by TechCrunch), following closely on the heels of CondeNast’s shuttering of Flip and Verizon’s decision to close up its refers to "
I think we're already seeing this more than ever, with a good example being discussed here.
For smaller companies, the social media marketing strategy can have a tremendous impact on their online success. And I don't think they're willing to fold their cards just yet.
Conflicting Futures for Social Networks
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