Happy 5th birthday Facebook
By Nicole Kobie,
Facebook... doesn’t make that much money off of you.
It’s a good thing Facebook has so many users.
According to a recent report by Deloitte sites such as Facebook just don’t make that much money per user. "The book value of some social networks may be written down and some companies may fail altogether if funding dries up," said Deloitte researcher Paul Lee, according to the Telegraph.
"Average revenue per user for some of the largest new media sites is measured in just pennies per month, not pounds,” he said.
Deloitte said the average revenue for a cable subscriber, newspaper reader or movie-goer is over 10 dollars. And, the analyst firm said, with the recession hitting advertising spending and video content sending storage costs soaring, it’s only going to get worse.
This trouble could be why Zuckerberg recently announced plans to sell more targeted polls to corporations…
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