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Facebook Forecast To Earn $1.29B In Ad Revenue This Year

August 12, 2010, 4:51 pm
Facebook's raking in the money and crushing the competition, according to a new report from eMarketer. eMarketer believes advertisers will pay Facebook $1.29 billion this year, which is about 3.7 times the amount it expects MySpace to receive. You can read a Facebook-specific chart for yourself below. As for its traditional rival, eMarketer said in a statement, "MySpace is diminishing in importance, with an expected $297 million in ad revenues worldwide next year,

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