Online ad revenues ground to a virtual a halt in Q3, with quarter-over-quarter gains of only 2 percent,according to according Price Waterhouse Cooper and the Interactive Advertising Bureau.
Revenues for the first nine months of 2008 totaled $17.3 billion, up from $15.2 billion last year. But the total growth in Q3 is only two percent more than the previous quarter's $5.7 billion.
No projections on 2009 which, from everything we hear anecdotally, is going to be a tough year.
