MySpace Monthly Ad Revenues: $25 million February 10, 2007
Posted by David Kaye in : Social Networking, Stats , trackback
Mashable snags the most interesting tidbit from Rupert Murdoch’s keynote at the McGraw-Hill Digital Media Summit in New York: MySpace is currently doing $25 million per month in advertising revenue, at a growth rate of 30% per quarter.
How much of this is already accounted for as part of the $900m deal Google struck with News Corp is not immediately clear. Either way, that $580m purchase price is starting to look like more and more of a bargain as the months roll by.
Comments»
murderers, killer drunk drivers, nutjobs, criminals of all stripes flock to myspace. Hope they enjoy their blood money.
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Now there is a brand new social networking site on the block set to be bigger than MySpace! It is www.snc123.com
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