MySpace Ad Revenue Falls Flat
Posted in Uncategorized on 05. Feb, 2008
I blogged yesterday that News Corp was going to be announcing quarterly results and speculation was that social network advertising (and usage) is falling flat.
It seems that the pundits were right, because News Corp and their ad partner Google are not giving specific numbers on the last quarter for MySpace. The WSJ reported this morning that “Google declined to comment on MySpace specifically last week, but hinted the revenue from such an arrangement wasn’t covering the guaranteed payments.”
