Facebook anticipates £1bn ad revenue

Facebook is expected to pass £1bn in advertising revenue by next year, according to a report from research film eMarketer.

In the same report the overthrown king of social networking, MySpace, is expected to see ad revenues shrink by 14 per cent.

Facebook now has more than 500 million global users, and takes around 65 per cent of its ad revenue from the US market.

If the growth predicted comes true, Facebook will have seen ad revenues grow by 165 per cent between 2009 and 2011.

(Source: MediaGuardian)

This article appears in issue 248 of Media Digest.




“Before we all sink into a slough of digital dystopian despair, it might be worth considering this: is this a sign of the strength, not weakness, of revelatory journalism in the digital age?”

Charlie Beckett, director of POLIS at the London School of Economics, reacts to news that the UK government forced the Guardian into destroying hard drives that contained information leaked by Edward Snowden.

(Source: POLIS)


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