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Business Briefing / Internet

Advertising sales fall 5% in quarter

October 06, 2009|Times Wire Reports

Internet advertising in the U.S. slipped 5% in the second quarter as the recession extended the first slump in online marketing since 2002.

The $5.4 billion that was spent on Internet ads during the three months that ended in June contrast with $5.7 billion at the same time last year, according to data released by the Interactive Advertising Bureau and PricewaterhouseCoopers.

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