Facebook reportedly planning TV-style commericals

|About: Facebook (FB)|By:, SA News Editor

Facebook (FB +6.8%) plans to sell 15 second long TV-type ads on its site for as much as $2.5M per day, reports Bloomberg.

Back of the envelope: $2.5M times 365 days equals nearly $1B per year (company earned about $330M on revenue of $1.8B last quarter).

Already having a big day in continuation of a massive post-earnings move, the stock is within pennies of its $38 IPO price.

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