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CEO Ian Rogers brings the direct-to-consumer marketing and ticketing company he ran for more than four years into the fold of the recently launched subscription-music service he now leads.
Surprise! The recession means that advertisers will likely cut back on "experimental" forms of media, like social networks.
Online ad spending is expected to increase in 2008, but not as much. Display ads are hit harder than search ads.
The market research firm estimates that worldwide ad spending on Facebook will hit $1.28 billion in 2010, quite a bit more than last year's $665 million.
New report lowers projections for online ad spending in the U.S. due to soft economy and advertisers not flocking to social networks.
The millions spent really isn't that impressive, the market research firm says, when you look at how much is spent overall during the year.
Number of users could jump to 227 million in 2014, from 183 million last year, says eMarketer. But the annual growth rate is expected to drop again.
The social network still trails behind Google, the top seller of mobile ads, but it soars past other competitors, according to a report from eMarketer.
Retail e-commerce sales will be up 15 percent this year, and mobile shoppers will drive a hefty portion of that growth, eMarketer says.
Americans will watch more online and mobile media than television this year for the first time, says research firm eMarketer.