myspace-revenues-2011

Myspace’s Revenue Collapse (NWS)

Source: http://www.businessinsider.com/chart-of-the-day-myspaces-revenue-collapse-2011-3

The Wall Street Journal twisted the knife in Myspace with a devastating report that says advertisers are running away from the dying social network.

The big problem with MySpace, according to the people that spoke with the Journal: It’s in a state of flux and there’s no telling what it will be in the next few months. Why advertise on a site you can’t figure out?

It included the following chart which shows the absolute collapse in revenue for the company over the last three years with an ugly forecast for this year.

Follow the Chart Of The Day on Twitter: @chartoftheday

Join the conversation about this story »

Sunday, April 3rd, 2011 news No Comments

Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

http://twitter.com/acfou
Send Tips: tips@go-digital.net
Digital Strategy Consulting
Dr. Augustine Fou LinkedIn Bio
Digital Marketing Slideshares
The Grand Unified Theory of Marketing

go-Digital Blog on Digital Marketing

Augustine Fou's Opinions, Rants, Raves about Digital