February 13, 2007 at 16:48MySpace earns $ 25 million per month on advertising
The advertising revenue of the MySpace social site brings to its owner, News Corp. - $ 25 million monthly. Profit growth is 30% per quarter, writes Mashable , citing data from a report by Rupert Murdoch, owner of MySpace.
Speaking at the McGraw-Hill Digital Media Summit, Murdoch also said that MySpace is growing much faster than many expected. The growth was to a large extent ensured by the "representation" of the site in Australia, France and other countries.
Speaking at the McGraw-Hill Digital Media Summit, Murdoch also said that MySpace is growing much faster than many expected. The growth was to a large extent ensured by the "representation" of the site in Australia, France and other countries.