MySpace Making $30 Million/Month
In what may be a slight increase to Rupert Murdoch’s claim of $25 million/month (which was only ads, not total revenue), analyst Richard Greenfield noted today that MySpace is now generating “in excess of $30 million” per month in revenue, with about $24 million in US revenue and $6 million internationally.
Monthly revenues are expected to double over the next year, making for an impressive $60M/month by this time next year. No word on whether the Google deal is being taken into account.
Should we be surprised that one of the world’s biggest websites actually has the ability to generate some revenue?