The End Of The Ad Slump

Good news, kinda. The worst is over – but it’s going to take a while for ad sales to bounce back. From Deborah Yao for the Associated Press:

An advertising forecaster said Monday that the worst is over for the U.S. ad slump but that across-the-board revenue growth won’t resume until well into 2011.

Magna, a unit of the Interpublic Group of Cos., estimated second-quarter ad revenue fell by 18 percent and said revenue will fall 14.5

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