Ad Spend Climbs for Online Video

 In 2009, advertisers spent $699 million on online video ads, an increase of 32% from the previous year,

“outpacing growth rates for most other emerging media platforms,”according to a forecast from Brian Wieser, Global Director of Forecasting for Magna.

Jack Myer has said that;

“online video advertising increased by 115% to $968 million in 2009 and is forecasting it to be the fastest growing segment of the media industry through 2012, when it is expected to hit nearly $5 billion.”

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