APR
2007
Cold Cash From A Hot Site
Can MySpace pull in revenue fast enough for Rupert?
BusinessWeek, April 9, 2007 — As numbers go, this one's a whopper. Last year MySpace users called up an average of 31.5 billion unique page views per month. That's as though everyone on the planet visited the site once a week. And yet, the big kahuna of social networking racked up a paltry $90 million in ad sales. Not exactly what Rupert Murdoch had in mind when his News Corp. paid $580 million for MySpace nearly two years ago.
Category: New Media Marketing


