Web Video Ad Spending Set to Grow Worldwide

 Web Video Ad Spending Set to Grow Worldwide

YouTube and NBC Olympic coverage are only part of the online video story. It is a worldwide phenomenon predicted to generate $4.5 billion in 2012, up from $1.2 billion in 2008, according to In-Stat. The research company said the technology’s mainstreaming would drive growth in what was once a plaything mainly for students and young adults.

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