As is often the case, the media is trying to extract the “interesting bits” from Rupert Murdoch’s keynote interview at the McGraw-Hill Digital Media Summit in New York yesterday. The best tidbit seems to be that MySpace is pulling in nearly $25 million per month in ad revenue, with a growth rate of 30% per quarter.

read more | digg story

If you enjoyed this post, make sure you subscribe to my RSS feed!