Financial News Providers Spend More Online

  • June 5, 2002
Online advertising spending by Financial News Providers has increased at a time when many other categories have declined, according to a recent study by AdZone Research, Inc. Spending in all other sectors seems to have bottomed, but the Financial News providers grew in May by more than 7%. Bloomberg.com markets spent the most with an estimated $3.5 million in online ad placements in May 2002. Coming in a distant second was Hoovers.com, with just over $2.1 million, followed by Freerealtime.com with only $922 Thousand. The information was released yesterday by AdZone Research, a research firm that monitors online activity on over 500,000 global URLs.
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