Quote:
Originally Posted by Psy-Fi
A lot of them have lost so many members and have such little traffic, I'm not surprised they're shutting down.
It probably comes down to a lack of interest vs operating expenses.
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This is the most likely issue. The other is outside pressure to limit file sharing and / or users who abuse the servers to those ends. Like Tore mentions as well, Facebook is likely the other big reason for a decline in users which results in less (or even negative) profit for the site owners.