Mobile user-generated content to be funded by ads

A new report from Juniper Research says advertising-funded social networks will provide most of the money for mobile user-generated content sites by 2013. It says the total value of the user-generated content market - social networking, dating and personal content delivery services - will rise from nearly $1.1 billion in 2008 to over $7.3 billion in 2013, with social networking overtaking dating by 2009 to become the largest revenue-generating segment. Advertising will account for more than half of mobile social networking revenue by the end of the forecast period. [Press release]