As I said somewhere around here, a capitalization hobo.

Get a job, don’t run a brothel.

It might as well be Mars.

When I was in my late 20s karaoke was held EVERYWHERE. I had my choice of bars to visit six days a week. It was fun and I was popular beyond any measure I could have dreamed of. About five years ago the bottom started to drop out on the business here. I go back to some of the bars I sang in and one in particular that was always the bar of the younger set.

MARS. I could dig it but it was Mars. I don’t belong.

MySpace has always been Mars. It is also a has-been. Soon Mars will be dead like it’s namesake.

MySpace is the biggest failure he’s had since his paper days. If that doesn’t sound like much, read up on him, it will sink in.

However some number of us enjoy customization, music, movies and videos and Facebook unless something changed that I don’t know about does not compete in this space at all. As noted Myspace has huge ties with Hollywood and those of us that are artist. If you doubt this, go to YouTube and you will see that most YouTube pages more than not mention MySpace with nary a mention of Facebook at all. Let’s not forget the age difference. Aside from artist, MySpace’s user base tends to be somewhat younger and as implied by the age are interested in self expression, webspaces that reflect their individuality, music, movies, videos and connecting with their idols. The disposable cash thrown around by this group reflects MySpace’s lead over Twitter and Facebook in actual read real revenue. When you think about all the promotion that takes place on MySpace an the freedom studios and talent have designing their space, how could Facebook even touch MySpace?

Twitter can does not despite media cheer leaders compete with Myspace or Facebook. Twitter is nothing more than visual caller id with a subject line. No more, no less. At the end of the date Twitter being the teaser, the hope is that you will find yourself on the actual Facebook or MySpace page at the end of the day, to consume the full content of which Twitter was the mere abbreviation.

Number of users don’t pay for services provided, especially when signup and use is free. Ads and REAL content do. The elephant in the room for Twitter and Facebook is the monetization of their business models. Facebook makes sense as a valid service, distinct from Myspace in functionality and demographics. Twitter is by far the least functional of its kind and its only differentiation is that it had the least features and was easiest to use. In a word ‘freakingscary’ if I’m trying to anticipate product ’stickiness’ for a seemingly indiscriminate crowd.

For those of you saying too many adds on Myspace, you need to be asking yourself how is Facebook paying the bills?

The marking on the old brown speaker cones, FB, is from that original name.

Pioneer also abandoned the manufacture of phonographs years before others in favor of digital audio and video equipment.

How’s that?

Think it over. You’re a capitalization hobo, son.

Like people did with your Me.TV “community” fiasco, Richard? People don’t do that on their own. You need paid professional community developers (not interns) to reach out to the best of breed in each category and enlist their participation. All UGC is not created equal. No one wants to hitch their wagon to a burned out star – or a “star” of burnouts.