PEJ: Facebook IPO Draws More Skeptics Than Believers

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Online irony alert: Between May 14 and 20, 12% of the online
conversation about the Facebook IPO on one online outlet was about the value of
the company being "overhyped" while only 7% was about it being
"highly valued." That outlet: Facebook.

Still that was better than Twitter, where 22% was about it
being overhyped while only 6% was about it being highly valued. That is
according to a Project for Excellence in Journalism report.

On blogs, the spread was closer, with 13% overhyped and 8%
highly valued.

According to PEJ, the report is based on Crimson Hexagon
software analysis of several million blogs, all public Twitter posts and a
random sample of public Facebook posts.

John Eggerton
John Eggerton

Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.