4 ms·

They had the 900 million dollar advertising deal with Google at one point.

marcf 15y ago
As I said in response to another post, the 2006 Google-Myspace deal had minimum traffic requirements, thus it isn't clear that they made the $900M from Google: http://mashable.com/2010/12/16/myspace-google-search-deal/ http://mashable.com/2010/12/16/myspace-google-search-deal/ I've be interested in knowing whether the targets were met and how much Google paid Myspace in the end.
- NoPiece 15y ago
  They did have revenue besides google - In 2007 MySpace had $1 billion in revenue. http://www.businessinsider.com/2007/7/myspace-1b-of-r http://www.businessinsider.com/2007/7/myspace-1b-of-r
  - marcf 15y ago
    The $1B in revenue is only an estimate based on projections and a continued growth trajectory. Not saying it isn't true, but it isn't a solid source for their actual revenue. Did News Corporation annual filings every break out revenue from MySpace? Given that News Corporation is a public company, there should be solid numbers somewhere.
    - NoPiece 15y ago
      You are right, looking around some more, it looks like $1 billion was never reached. News Corp didn't break MySpace financials out, so all I can find some quotes from News Corp earnings calls. Looks like 2008 numbers were in the ~$200 million range per quarter, "FIM/MySpace: $225M, up 23% y/y, up consecutively from $210M in Q3, but still not as high as $233M in Q2." http://www.techfeed24.com/2008/08/05/news-corp-q4-tv-terrible-as-promised-myspace-revenues-up-profits-down-nws/ http://www.techfeed24.com/2008/08/05/news-corp-q4-tv-terribl...
      - ralfd 15y ago
        Interesting. Thats still around 800 Mio revenue in 2008. For 2010 I did find: > "In its 2010 fiscal report, News Corp. said that revenues from its “Other” segment, where MySpace lives, were down 36 percent to $1.5 billion. The segment booked a loss of $575 million, greater than the year before when it lost $212 million." Read more: http://www.bnet.com/blog/advertising-business/news-corp-may-never-profit-from-myspace/5493#ixzz1QiAgOBKp http://www.bnet.com/blog/advertising-business/news-corp-may-...

marcf 15y ago

As I said in response to another post, the 2006 Google-Myspace deal had minimum traffic requirements, thus it isn't clear that they made the $900M from Google: http://mashable.com/2010/12/16/myspace-google-search-deal/ http://mashable.com/2010/12/16/myspace-google-search-deal/ I've be interested in knowing whether the targets were met and how much Google paid Myspace in the end.

NoPiece 15y ago
They did have revenue besides google - In 2007 MySpace had $1 billion in revenue. http://www.businessinsider.com/2007/7/myspace-1b-of-r http://www.businessinsider.com/2007/7/myspace-1b-of-r
- marcf 15y ago
  The $1B in revenue is only an estimate based on projections and a continued growth trajectory. Not saying it isn't true, but it isn't a solid source for their actual revenue. Did News Corporation annual filings every break out revenue from MySpace? Given that News Corporation is a public company, there should be solid numbers somewhere.
  - NoPiece 15y ago
    You are right, looking around some more, it looks like $1 billion was never reached. News Corp didn't break MySpace financials out, so all I can find some quotes from News Corp earnings calls. Looks like 2008 numbers were in the ~$200 million range per quarter, "FIM/MySpace: $225M, up 23% y/y, up consecutively from $210M in Q3, but still not as high as $233M in Q2." http://www.techfeed24.com/2008/08/05/news-corp-q4-tv-terrible-as-promised-myspace-revenues-up-profits-down-nws/ http://www.techfeed24.com/2008/08/05/news-corp-q4-tv-terribl...
    - ralfd 15y ago
      Interesting. Thats still around 800 Mio revenue in 2008. For 2010 I did find: > "In its 2010 fiscal report, News Corp. said that revenues from its “Other” segment, where MySpace lives, were down 36 percent to $1.5 billion. The segment booked a loss of $575 million, greater than the year before when it lost $212 million." Read more: http://www.bnet.com/blog/advertising-business/news-corp-may-never-profit-from-myspace/5493#ixzz1QiAgOBKp http://www.bnet.com/blog/advertising-business/news-corp-may-...