Google Grabs Friendster Ad Deal
Written by on March 7th, 2007 in Ajax News.
The big social networks continue to side with Advertising networks to help monetize their sites. MySpace signed a $900 million deal with Google in August 2006, and Facebook countered by choosing Microsoft a couple of weeks later. This morning, Friendster announced a mult-year exclusive deal to work with Google on both search and keyword-targeted advertising.
The financial terms are not being disclosed. Friendster is not in the same league as MySpace and Facebook, but this is still a win for Google. Friendster generates 6 billion or so page views per month, about 1/6 of MySpace.
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Source: TechCrunch
Original Article: http://feeds.feedburner.com/~r/Techcrunch/~3/100072356/