Will Ping be the “Finisher” of MySpace?

After bitten by Facebook, the deeply wounded MySpace now faces another predator, the Apple Ping, a social network that bundled with one of the world-class music distributors iTune, powered by one of the most influential music players owner, Apple.

You know what, reaching the audience is one thing, sustain them through engagement is another one, yet even important is how the channel can “sustain the living of the artists themselves”, and yes, we are talking about money here.

Despite the Apple has fairly lack of social networking experience, combining a social network feature with iTunes, a supermarket of songs and albums, the Ping definitely can provide an additional revenue stream for the worldwide artists, and needless to say the worldwide masses that Apple can reach - the audience base is really outnumbering MySpace’s.

Do you think that MySpace is ready for the challenge, or will simply be “finished off” this time? Drop me a line and let me know your thoughts~ =)

Cheers.

Dickson W.