Wednesday, June 24, 2009

The market is being "reset" says Microsoft CEO: get with the program

The chief executive of Microsoft, Steve Ballmer, says that the global advertising market is not in recession, it is in what he called "reset". Media companies should not plan for revenues to bounce back to pre-recession levels, he said (as reported by the Guardian), speaking at the Cannes Lions International Advertising Festival.He argued that traditional broadcast and print media would have to

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