Online Video Sites

Business Week writes:

Online video’s rapid growth must appear tantalizing to players in the mature, slow-growing media sector. Audiences and advertising dollars are flooding the Internet. This year, Internet advertising will jump 30% to $16 billion, according to estimates by New York research firm eMarketer. By 2009, the company predicts advertisers will spend $26.6 billion online. About $1.5 billion of that amount will go to Internet video advertising, the kind the Web video sites specialize in.

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