Arrington interviews Chris DeWolfe at TC50

MySpace CEO talks about upcoming revenue, music streaming

Technology trends and news by John Shinal
September 8, 2008 | Comments
Short URL: http://vator.tv/n/3f0

1558

TechCrunch honcho Michael Arrington interviewed MySpace CEO Chris DeWolfe on Monday and managed to wring some good details out of him about revenue, ad distribution and the social site's upcoming live music streaming service.

When it came to rumors that DeWolfe was dating Paris Hilton, however, he remained tight-lipped.

Highlights: MySpace is generating close to $100 million in ad revenue, thanks in large part to what it calls its "hero ad," the ad on its main page that is seen my more than 115 million users every day.

DeWofle also said MySpace gets 95% of its ad revenue from just nine countries out of the dozens it exists.

Last, a bit of fresh news: DeWolfe said MySpace will roll out an improved feature that will let users port their profiles elsewhere using GoogleGears.

blog comments powered by Disqus
Find your friends' startup new!
Vator is more valuable if you know who's here.
Discover who has a startup and help their success by following their progress!

Featured Stories

Latest company news bites on Vator

Cognitive Code Corporation - Mimi Chen (Co-Founder and President)
Crowdfunding is cool - pre-order SILVIA for your Android here: http://www.kickstarter.com/projects/cogcode/silvia-for-android
See more
BuildingLayer - Nick Such (Co-founder and CEO)
BuildingLayer co-founder and Chief Scientist, John Kiffmeyer, is a Featured Engineer this week on EEWeb http://www.eeweb.com/spotlight/interview-with-john-p.-kiffmeyer
See more
AllowanceTree CEO named Today's Entrepreneur by Vator: http://vator.tv/news/2012-05-25-todays-entrepreneur-arnie-benn
See more
Cognitive Code Corporation - Mimi Chen (Co-Founder and President)