Tuesday, January 27, 2009

Break: Some MySpace Metrics on CNBC

A couple of interesting tidbits from a CNBC interview this morning with MySpace Co-Founder Chris DeWolf. Clearly he's trying to get the message out there that reports of MySpace's demise (particularly at the hands of Facebook) are greatly exaggerated:

1) He claimed that MySpace accounts for the lion's share of the $900mil annual revenue generated by Fox Interactive Media (FIM)

2) He claimed MySpace accounts for 50% of the ad revenue generated in the entire social networking space

Maybe traffic isn't the entire story...maybe it's how you capitalize on it?

1 comment:

  1. Another interesting article touching on this: http://news.cnet.com/8301-13577_3-10148855-36.html