Internet Poised to Become Ad Stronghold

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NEW YORK The Internet is poised to overtake magazines in 2010 as the third-largest ad medium in the world.

That was the prediction yesterday by Steve King, CEO of communications strategy company ZenithOptimedia in a talk to media leaders. King made his comments at the 35th annual UBS Global Media & Communications Conference in New York.

In his speech, he said he sees Internet advertising hitting $36 billion this year, $5 billion above what was predicted a year ago.

His





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