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Internet Video Advertising: Is It A Savior?
Ever since its inception in 2006, in-stream video advertising has been seen as a panacea. In 2007, it is estimated to have reached $666 million in ad revenue. But is it going to save television? Over the same period of time it, total network TV ad spending reached $25 billion and syndication, spot and cable contributed another $45 billion. Will video advertising provide a needed cushion for profit or are its effects overblown?
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