Thursday, June 30, 2011
How Much is Your User Generated Content Worth? [Infographic]
Social networking is bigger than ever before, and while a large proportion of its critics seem to be concentrating on privacy and ownership of user data, few seem to be concentrating on an equally alarming concern — ownership of user content. Unbeknown to most, the majority of social networks own the content you upload to them, and thus own the right to monetize it. In this infographic we take a look at the huge amount of user generated content (UGC) that is uploaded, and try to figure out how much social networks are earning from it.
