MySpace is rolling out audio ads embedded into its internet radio service MySpace Music in a bid to boost its advertising revenue, reports Adweek. MySpace has enlisted internet radio advertiser TargetSpot to run the effort. Adweek says the social site s need to increase ad revenue became apparent during last week s earnings conference call by parent company News Corp. During the call, News Corp. head Rubert Murdoch singled out low ad revenues from MySpace for the overall poor performance of the company s digital media group. Adweek says despite MySpace’s estimated 33 million unique visitors per month, the company’s ad strategy of relying on search placement hasn’t delivered. Read more at Adweek {link no longer active}.

Recommended For You
Marketers See Retail Media As 2023’s Most Effective Digital Channel
While only 22 percent of American digital advertisers used retail media as a part of their…
Podcasts Deliver On ROI And Engagement: Here’s How To Launch Your Strategy
Even in the midst of uncertainty, podcasts are providing brand marketers with new opportunities to drive…
Here Come The Zoomers: 16 To 24-Year-Olds Are Always Connected And Streaming
A recent report by GWI shows that today’s 16 to 24-year-olds are a lot like The…