Online Ad Spending Seen Shrinking

26 February 2009 | 0 comments

Ohh,ohh…

Internet advertising could fall by 5% in the first quarter of 2009, the first contraction in online ad spending since the dot-com bubble burst in 2001, market research group IDC said Wednesday.

IDC analyst Karsten Weide also said the U.S. Internet ad market could get worse in the second quarter before the situation …