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NEW YORK User-generated content on the Web is set to rapidly shift from a budding consumer trend to a serious business over the next five years.
Ad spending on Web sites that have built their traffic on user-gen staples like social networking, photo sharing and amateur video is expected to soar to $4.3 billion in 2011, according to a new report issued by eMarketer. That’s a whopping increase of 330 percent versus the $1 billion expected to be spent in the space this year—which is itself more than double the $450 million in ad revenue tracked by eMarketer in 2006.
Despite
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