If you’ve ever wondered how much myspace makes in ad revenue a month please watch this video. Rupert Murdoch talks about it all.
As you know social networking is the biggest thing on the internet right now and I pay close attention to what is going on. Afterall there is big money to be made, seeing how myspace sold for 580 million and youtube sold for 1.6 billion.
If you watch or are interested in social networking sites like myspace, friendster, youtube, etc. you will love Pete Cashmore’s site Mashable.
If you enjoyed this post, make sure you subscribe to my RSS feed!
{ 3 comments… read them below or add one }
myspacemaniac (1 comments.) 03.14.07 at 10:19 pm
Wow! That is big. And they can’t get enough of it. I wonder how much money their employees especially Tom is earning every month? Hmmm.
Jeff 03.17.07 at 10:01 pm
Yeah 25 mil is pretty big. I read somewhere Murdoch said myspace is worth 6.6 billion now. I wonder what Tom thinks about that after selling it for only 580 million. He must think he got ripped off,, haha.
Respiro, the logo design guy (1 comments.) 04.02.07 at 2:49 am
That’s a big income. Now it’s clear that a BIG thing starts with a BIG idea.
So, who’ll come up with the next BIG idea?…