Social Networking More Popular Than Email
John Tropea - Delicious Social Network
MARCH 10, 2009
MySpace remains the most profitable social network, generating an estimated $1 billion in revenue versus $300 million for Facebook in 2008. Most impressive is MySpace, which outpaces all in terms of revenue. MySpace, for all its flaws, is making good revenue in comparison to their total funding, which I believe was only like 20 million USD, before News Corp acquired the service.