According to an eMarketeer forecast, advertising through social media sites will drop by aproximately 3%.  Advertising on MySpace and Facebook will drop even more.

Well, I suppose this is to be expected. Even though social media budgets aren’t that big, they are still included in this economical recession. We can only guess the budget for social media advertising wasn’t the only cut back these companies made.

Here is a more detailed article on this: http://www.btobonline.com/apps/pbcs.dll/article?AID=/20090713/FREE/907139971/1404/dailynewsarchive