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US ad spending on social networks below $1.5 billion in 2008

Roger Harris
Comments 0
Votes 8
Voting ends: 17 weeks 13 hours ago

According to market analyst company, eMarketer, online social network advertising will ride out potential economic storms in the US. They predict that 2008 social-network advertising will climb to $1.6 billion, up 70 percent from the previous year. However, the economic outlook isn't getting any better. This is a prediction that social networking advertising in 2008 will not exceed $1.5 billion, $100 million less than eMarketer's forecast. Judging will occur using eMarketer's own figures, which should be available sometime in January 2009.

Suggested Odds50.00%
Prediction Close Date:12.31.2008 (EST)
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