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Online Advertising To Reach $31 Billion

This year, online advertising will hit $31.3 billion, a 20% growth from last year, according to eMarketer. The growth is being driven by display advertising spend, including banners, online video and sponsorships. The firm says U.S. advertisers will spend $12.33 billion on display ads alone this year, up nearly 25% from last year. Video ads are the fastest growing online format.

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