Web Hosting Talk : Other Forums : Web Hosting Lounge : Revenue for MySpace.com

[Swelly]

I have been seeing alot of MySpace.com adverts all over the place and most of them have been this year, and late 2006. Few questions that come to mind is: Why don't they charge for membership in sections? Also what do you think their annual revenue is? This may be a subject that some may find BORING, but its rather a mystery for me, because I can't see how they got so darn big. Always something to think about with the internet.

[Amish_Geek]

Well, considering that myspace was sold last July 2005 for the tune of 500 Million dollars, it must be bringing in considerable revenues.

[Swelly]

Wow, didn't even know that. Not really into blogging, more of an issue of greatness. Thats a crazy amount.

[RandyT]

$580 million to be exact @_@

[Jerlene]

Geez. Tom's damn rich then.

[Jerlene]

...even before MySpace.

[jmweb]

Originally Posted by HostFrog

I have been seeing alot of MySpace.com adverts all over the place and most of them have been this year, and late 2006. Few questions that come to mind is: Why don't they charge for membership in sections? Also what do you think their annual revenue is? This may be a subject that some may find BORING, but its rather a mystery for me, because I can't see how they got so darn big. Always something to think about with the internet.

Not charging would probably mean they wanna keep their service free!

[Swelly]

Understandable. However do you think that a place like or MySpace.com even would start to charge for their service was how I meant the question to sound.

[adam]

It's mostly teenagers and the younger crowd that uses it, if they were to charge I think they would lose most of there members.

[jmweb]

Originally Posted by HostFrog

Understandable. However do you think that a place like or MySpace.com even would start to charge for their service was how I meant the question to sound.

Depends on their business model. Some would go the direction to charge, others wouldn't. I'd say both have equal advantages/disadvantages.

[RandyT]

I would have a "premium" part where you see no ads +_+

[RossH]

MySpace was bought on speculation and user base, not an actual revenue (same as skype). We'll see how it performs in the future.

[Swelly]

That alot of money to shell out for user base, however I am sure they make a ton off of adverts.

[SniperDevil]

Personally, I don't see a very viable business in MySpace. I'm not sure what the current owners plan to do with it, but I guess we'll see. In general, though, that crowd just isn't the most profitable. Advertising seems like the main way to make their money.

[adam]

Originally Posted by SniperDevil

Personally, I don't see a very viable business in MySpace. I'm not sure what the current owners plan to do with it, but I guess we'll see. In general, though, that crowd just isn't the most profitable. Advertising seems like the main way to make their money.

I dont think they would of paid that much if it wasnt profitable