SourceForge finds its advertising rhythm
SourceForge recently reported results for its second fiscal quarter of 2009, and seems to have finally found its rhythm. The company, which for years tried to split its time between software (SourceForge Enterprise, purchased by Collabnet in 2007) and media (Slashdot, ITManagersJournal, Linux.com, etc.), and struggled to tell a coherent story.
As its most recent results suggest, however, SourceForge is beginning to find consistency as a media company, as demonstrated in its year-over-year growth in key areas:
Ad Network revenue increased 84 percent; Premium product revenue grew 100% to $1.0 million; Media uniques grew 9 percent to 36 … Read more