Internet Ad Sales Rose in ’08, but at Slower Pace – NYTimes.com

Internet advertising rose in 2008, according to a report released Monday, but the growth is starting to flatten.

“The economy has had a significant impact on the short-term growth of the Internet advertising market,” David Silverman, a partner at PricewaterhouseCoopers, which contributed to the report, said in a conference call.

Internet advertising in the United States grew to $23.4 billion in 2008, an increase of 10.6 percent from 2007, according to the Internet Advertising Revenue Report from the Interactive Advertising Bureau, a trade group representing online advertisers, as well as PricewaterhouseCoopers.

via Internet Ad Sales Rose in ’08, but at Slower Pace – NYTimes.com.

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