Advertising spending shifts to Facebook

eMarketer provides stats that show advertisers have shifted their budgets to focus on advertising on Facebook rather than MySpace and Facebook will be their primary focus in 2010.  From the article:

” Overall, eMarketer predicts US online social network ad spending will reach more than $1.21 billion in 2009, an increase of 3.9% over last year. 2010 will see stronger growth of 7.1%.”


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