News Brief

Clarification: J.P. Morgan Supplied Search Biz Estimates

The Marketing Daily article "Google Shrugs Off Ad Spending Slowdown, Displays Profit" should have stated that the study distributed this week by Marin Software and JupiterResearch included estimates through a previous study with J.P. Morgan which suggest that paid search advertising will become a $26.8 billion business by 2011. The press release about the JupiterResearch and Marin study did not originally credit J.P. Morgan, and it included the wrong year.
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