Q2 Web Ad Spend Eclipses $5 Bil.

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NEW YORK Online advertising enjoyed another stellar round of growth during the second quarter of 2007, while spending during the first half of this year approached $10 billion, according to the latest data from the Interactive Advertising Bureau and PricewaterhouseCoopers. Their research confirmed that the medium remains the fastest growing segment of the advertising business.

Online ad spending eclipsed $5 billion for the first time during the second quarter, said the “IAB Internet Advertising Revenue Report,” surging 25.4

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