Myspace's Revenue Collapse

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		Tech Media Wall Street Markets Strategy Sports Tools Travel Politics Latest Video Monday, March 28, 2011 Myspace's Revenue Collapse 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. Read » Also On SAI Today: HOARDERS: The 10 Tech Companies With The Most Cash And What They Might Do With It WHO'S FULL OF CRAP? GE, The New York Times, And The Hazards Of "Tweeting The Record Straight" The Nintendo 3DS: 3D Is Worth The Heavy Price Tag [REVIEW] Should Dennis Crowley Sell Foursquare For $1 Billion? Advertisement CHART OF THE DAY: Investors Run Away From RIM CHART OF THE DAY: Did Groupon Have A Terrible February? CHART OF THE DAY: The New York Times' Delusional Digital Pricing Scheme Share this email: Buzz Facebook Twitter Digg Reddit StumbleUpon The email address for your subscription is: dwyld.kwu.careers@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the SAI: Silicon Alley Insider RSS Feed Business Insider. 119 Fifth Avenue, New York, NY 10003 Terms of Service | Privacy Policy

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