News Brief
Omnicom: 10% Of Revenue From Web
Sep 18, 2006, 6:00 AM
Ad holding company Omnicom Group, Inc. told brokerage house Merrill Lynch last week that about $700 million to $1 billion of its revenue, or 10 to 12 percent, is related to the Internet. Overall, the Web is believed to represent just 5 to 6 percent of total U.S. ad spending.
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