A slowing economy has prompted a sharp reduction in spending
(NEWSER) - A major slump in advertising is moving beyond newspapers and radio and is now starting to hurt TV and the entire media industry, reports the Financial Times. Major advertisers—especially car dealers, airlines, and banks—are cutting back on marketing as the economy slows. And, analysts say, even the windfalls from the Beijing Olympics and the presidential election may not brighten outlooks. More»
