NP Rank:
MySpace Gaining on Itunes as Music Brand
Myspace is catching up to Itunes with the kids:
Key findings from the Brandscape study include:* For many brands, awareness remained consistent in 2006. For a handful of services, however, the year brought significant gains or losses.
o Among American Downloaders aged 12 and older, iTunes gained significantly in both unaided and aided awareness over 2005 , moving from 57% to 66% for total awareness.
o Meanwhile, Napster experienced some erosion in awareness, dropping from 79% to 68% total awareness.
o Awareness of Yahoo! Music increased over the past year, with total awareness reaching 53% (up from 49% in 2005).
o Perhaps the most significant development this year was the strong gain in awareness of MySpace, which jumped from 16% to 54% in just one year.
o NOTE: The study was conducted prior to the launch of Microsoft’s Zune Marketplace.
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