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eMarketer cuts social-network ad spending estimates

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Market research firm eMarketer has cut yet another ad spending estimate for 2009, and this time it's social networks. The social-network advertising industry is now pegged at $1.3 billion next year, down from $1.8 billion. For 2008, it's been lowered to $1.2 billion from $1.4 billion.
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Biography

Todd Fugere

Director of Client Services for Blogging Systems.

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Social Media Career Connection Group