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Internet ad spending up 33% in third quarter

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From the Associated Press

Internet advertising reached a new high of $4.2 billion in the third quarter, marking the eighth consecutive quarter of growth, according to PricewaterhouseCoopers.

U.S. revenue in the third quarter grew 2% from $4.1 billion in the second quarter and 33% from $3.1 billion a year earlier, the study found.

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