Twitter Gets Even More Media Love Than Google
Have you noticed how often Twitter gets mentioned on the news, TV shows, in the movies, in newspapers? Well, all that buzz can be converted into cold hard cash, and if you look at it that way, Twitter is already filthy rich. News monitoring service VMS estimates that Twitter’s mentions in the media were worth $48 million over the past 30 days. That’s about 80 times more than Bing got in the last 30 days ($573,834); in fact, that’s more than Google gets, and Google is a verb, used...
Read More
MySpace, Facebook Capture Local Ad Revenue
Almost 20 percent of advertising on social networks comes from local businesses and marketers, according to a new report from Borrell Associates. Borrell says that going into the research the firm assumed that ads on social networks were almost all national. The amount of local advertising forecast to be spent in 2009 comes to $641 million out of $3.26 billion across 118 social networking sites. “In the scheme of things, it’s still a drop in the bucket. The total is less than 3%...
Read More