News Corp. reported a 16 percent decline in ad revenue within its Fox Interactive Media (FIM) subsidiary, which includes MySpace. The company said the unit saw reductions in both brand and performance-based advertising.
Keys: Marketing, advertising, strategic alliances, technology
Questions for discussion:
- This report demonstrates how difficult it remains to generate online advertising revenues. What do you think of the prospects for online advertising revenue growth?
- How well do you think advertising revenues will perform at social networking sites such as MySpace?Ã‚Â How about at the WSJ Online? Explain your answers.
- Are there other revenue sources that could work at these web sites? Describe them.