Another Meaningless Internet Number: MySpace (NWS) Overtakes Yahoo! (YHOO) In Ad Views

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
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R218533_855025_4The online research business has become so crowded that the firms jockey for position by posting nearly meaningless numbers. ComScore took its turn at releasing inane figures saying that advertising views at MySpace (NWS) had passed those at Yahoo! (YHOO). According to Reuters, Fox Interactive’s collection of sites, led by MySpace, drew 56.8 million advertising views in June, compared with Yahoo’s group of sites which had 53.1 million,

The trouble is that no one wants to advertising on social networks like MySpace and Facebook unless the space is sold at a very, very low rate. People online at social sites sharing their favorite rock groups, phobias, and secrets about their best friends are hardly a good target audience. It is not a group that can easily be put into categories which match marketer’s needs. Placing advertising on MySpace is close to being a waste of time.

Yahoo! ,on the other hand, at least has its content broken into discrete subjects and companies who want to reach people interested in travel, finance, or entertainment are self-selected by the parts of the portal that they visit.

Yahoo! has nothing to fear.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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