MySpace, which has announced restructuring its international operations, will close its Russian office on June 30, confirmed MySpace Russia’s Legal Director Andrei Mironov to Webplanet.
MySpace opened the Russian office in Moscow in 2008. MySpace Russia operations is managed by CEO Alexander Turkot. The company lists 8 employees on its Russian web-page.
According to TNS Web Index, MySpace has a monthly reach of 1 million people in Russia in May 2009 vs. leading Russian social networks VKontakte.ru with a monthly reach of more than 13 million people and Odnoklassniki.ru with a monthly reach of 12 million people.
The Russian social networking market is dominated by Russian social networks Vkontakte, Odnoklassniki.ru and MoiKrug (which was acquired by Yandex in 2007).