"The analysts predict that this year social media revenue will generate $16.9 billion in revenues, with more than half of that, $8.8 billion, to come from advertising… That $16.9 billion figure represents a rise of 43% over last year, when social media services like Facebook, Spotify, Twitter and more generated $11.8 billion in revenues."

- (via TechCrunch)

#tech #revenue #advertising

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