IZEA Holdings, Inc. (IZEA: OTCBB), a world leader in social media sponsorships, CEO Ted Murphy was featured on FOX News.com Live earlier this week.
The live segment aired shortly after noon on Wednesday and featured a discussion on social media addiction as well as an overview of IZEA's social media monetization platforms.
According to The Neilsen Company global consumers spent 910 million hours on social networks and blogs per month in 2010. They spent nearly one quarter of their total time online engaging in social activities, up 43% from 2009. A recent study by Retrevo Gadgetology relieved that 19% of Facebook and Twitter users under the age of 25 check their status after they go to bed.
When asked why people get addicted to social media Mr. Murphy exclaimed "social media is awesome!" At the same time he pointed out that many people over share information and fail to filter their content appropriately. Murphy, a self-proclaimed social media addict himself with over 12,000 Tweets and 27,000 Twitter followers believes that moderation is key. "I Tweet a lot but I also make a conscious decision to unplug regularly and not share every aspect of my personal life," said Murphy.
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