Revenue from social networks will skyrocket by 43 percent this year, largely due to successes in advertising and social gaming. Companies like Zynga, though, are suffering losses despite increased revenue. Analysts discuss revenue possibilities.
Thursday, July 26, 2012
Social Media Revenue Forecast to Hit $16.9 Billion in 2012
Revenue from social networks will skyrocket by 43 percent this year, largely due to successes in advertising and social gaming. Companies like Zynga, though, are suffering losses despite increased revenue. Analysts discuss revenue possibilities.
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