Is the economy heading into a recession? Some will say yes, some will say no, and others are playing it safe with a “maybe” answer. However, what is plain for the eye to see is that advertising spending has definitely taken a plunge. In a study done earlier this month, newspapers suffered the most, losing 5.8% in ad revenue, while TV ad sales also dragged down the market, down 2.4%. However, there was a bright spot– the Internet, with display ad spending up 17.7%. The losses in ad revenue for both newspapers and TV may not seem that significant in the grand scheme of things, but the gains that occurred in Internet ad spending are something to focus on.
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6 Comments » Posted on September 27th, 2007 by Kevin Donlan