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Search Market News

18.9% growth for online ads, says report

Source: Epiphanysolutions.co.uk, originally published on Wednesday April 02 2008

A recent report from Nielsen//Netratings (2nd April 2008) says that the online ad industry had a 18.9% growth in the US in 2007. While overall advertising grew by only 0.6%, probably reflecting the overall state of the American economy, the online ad business has sky rocketed, which hints at a shift in ad spending from the traditional channels like TV, magazines, etc. towards online channels. As a last note, this article quotes a new Hitwise report that show an incredible increase in online video streaming of 178% in 2007. Read the full article

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