Dating Services Facing Increasing Competition

Online dating service websites are facing ever increasing pressure from social networking sites.
The surge in popularity of sites such as MySpace and Facebook have drawn some attention from dating websites.

People have a finite amount of leisure time and they're splitting up their time between the social networking sites and dating sites.

The dating sites have this new competition in addition to many new dating sites, but the large one are thriving. Match.com claims to have doubled their revenues for the past year.

A relatively new site called plentyoffish.com debuted in 2003 and has surged to the top spot in the U.S. market.