Global Social Media Revenue Forecast and Tumblr’s New Revenue Earning Plan…

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Tumblr Plans to Cash In. Will 53 Million Bloggers Agree? http://www.thedailybeast.com//content/newsweek/2012/04/29/tumblr-plans-to-cash-in-will-53-million-bloggers-agree.html Tumblr, the five-year-old blogging and social-networking site, plans to let a small number of advertisers purchase new ads on its dashboard and directory pages, which highlight content categories and various blogs. The company’s 25-year-old CEO, David Karp, said advertising content will be a slow build and that the user interface will remain the way its 110 million monthly visitors love. Tumblr has spent the last year studying how companies use the site, and has…

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If Pinterest doesn’t already have you scrambling to catch up, Tumblr is about to set you over the social media edge. “Blogging platform Tumblr has exploded within the last year or so,” states David Karp, Tumblr creator. According to the site, the company already has 20 billion posts and 50 million blogs and the numbers are projected to grow every day. “Some brands have already taken note and set up shop on Tumblr. Fashion companies, for example, have set the standard in how Tumblr should…

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