Press Releases

2011 Press

Mediabistro's SocialTimes Pro Publishes New Research Reports on Trends in Facebook Credits and Commerce

New York, NY - May 5, 2011 - (a division of WebMediaBrands Inc., Nasdaq: WEBM) today announced its two latest Facebook research reports entitled 'Facebook Credits: Trends and Opportunities' and 'Social Commerce: How Facebook Stacks Up Against the (Current) Competition.'

Beyond using Facebook Credits for games, experts expect pay-per-view movies and TV to gain transaction, along with printed media and low cost online content. However, serious challenges to adoption remain, which will likely require Facebook to invest serious resources to scale, gain customer trust, and surmount regulatory hurdles. SocialTimes Pro talked with a number of industry insiders and synthesized their insights on the future of Facebook's Credits in its latest report.

SocialTimes Pro also released a report on Facebook's hold on social commerce. No company dominates the current conversation as thoroughly as Facebook with its nearly 650 million global users. SocialTimes Pro revealed three core commerce-based revenue streams for Facebook today and examined companies that currently pose a competitive advantage over Facebook with these business models.

SocialTimes Pro offers two monthly reports on topics related to Facebook, Virtual Goods, and Social Gaming. SocialTimes Pro is associated with Mediabistro's and For more information, visit

About WebMediaBrands Inc.

WebMediaBrands Inc. (Nasdaq: WEBM) (, headquartered in New York, NY, is a leading Internet media company that provides content, education, and career services to media and creative professionals through a portfolio of vertical online properties, communities, and trade shows. The Company's online business includes: (i), a leading blog network providing content, education, community, and career resources (including the industry's leading online job board) about major media industry verticals including new media, social media, Facebook, TV news, sports news, advertising, public relations, publishing, design, mobile, and the Semantic Web; and (ii), a leading network of online properties providing content, education, community, career, and other resources for creative and design professionals. The Company's online business also includes community, membership and e-commerce offerings including a freelance listing service, a marketplace for designing and purchasing logos and premium membership services. The Company's trade show and educational offerings include conferences, online and in-person courses, and video subscription libraries on topics covered by the Company's online business.

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For SocialTimes Pro information contact:

Greg Horowitz
Director of Membership
[email protected]

For information about WebMediaBrands contact:

Amanda Barrett
Director of Marketing
[email protected]