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Facebook's Ad Revenue Expected to Hit $4 Billion in 2011

4:49 AM PST 1/19/2011 by Georg Szalai

The social network is expected to more than double its ad sales this year.

NEW YORK – Facebook’s advertising revenue could jump 118 percent this year to $4.05 billion and grow by more than 40 percent in 2012 to $5.74 billion, according to a new forecast from research firm eMarketer.

  1. Watch Video THR's Entertainment Business Managers Power Breakfast 2012

    THR's Entertainment Business Managers Power Breakfast 2012

    The Hollywood Reporter's Entertainment Business Managers Power Breakfast celebrating the top business managers in Hollywood, these are the moneymen, moneywoman, people who handle the finances for some of the top stars in Hollywood.

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