Internet Ad Market Declines in 2Q

According to market-research group IDC, Internet advertising spending has fallen an average of 5 percent across the globe this quarter, marking the second-straight quarterly decline for an industry that once showed immense promise. IDC has also predicted that we will see two more periods of decline for the Internet ad market and that it may not make significant rebounds until 2010.
However, IDC did have some good news, stating that the Internet ad market has most likely seen its worst days. The IDC will release its Worldwide and U.S. Internet Ad Spend Report 2Q09 soon, in which the company will provide …read more