Mele’s Musings » ad money

MySpace Might Have Friends, but It Wants Ad Money

June 24th, 2008

Why are the social networks, with their huge audiences, having trouble monetizing?

i.ehow.com
Article excerpt:  When the News Corporation added MySpace to its portfolio nearly three years ago, it expected that if its base of 16 million users kept growing — and each user kept adding friends, sharing photos and swapping flirty messages — the advertising dollars [...]