Players are spending 20 percent less on Zynga games, which means Facebook is receiving less money from those games as well. Overall, gaming on Facebook isn’t doing as well as I’d like,” Facebook CEO Mark Zuckerberg said during the company’s third-quarter earnings conference call today. He said the rest of Facebook’s gaming network has been growing — monthly payments revenue from other games has increased by 40 percent since last year — but Zynga’s numbers have fallen. Read the full story at CNET.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.