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Q3 online ad revenues rise to new record

from E-Commerce Times

Advertisers appear to be shifting their spending from other media to online outlets, resulting in a record $9.26 billion quarter for the segment. "This uptick goes beyond a significant year-over-year increase at 18 percent," said David Silverman, a partner at PricewaterhouseCoopers. "Clearly, digital advertising is continuing its positive trajectory with incredible momentum as it heads into seasonally strong Q4." more

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