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NEW YORK — Viacom Inc. President and Chief Operating Officer Mel Karmazin said he expects a strong advertising environment in the second half of 2001 with his company being a big beneficiary of that spending.
He said advertising growth will be slower than it was in 2000 when dot-com advertising was powering the industry. But Mr. Karmazin expects total advertising spending will be stronger than it was in 2000, growing more than the gross domestic product.
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