If you've ever wondered how much myspace makes in ad revenue a month please watch this video. Rupert Murdoch talks about it all.

As you know social networking is the biggest thing on the internet right now and I pay close attention to what is going on. Afterall there is big money to be made, seeing how myspace sold for 580 million and youtube sold for 1.6 billion.

If you watch or are interested in social networking sites like myspace, friendster, youtube, etc. you will love Pete Cashmore's site Mashable.

Pin It on Pinterest