Internet and New Media stocks have shown very impressive gains in 2007, up 22.8% YTD*, comfortably outperforming the S&P 500's 4.4% returns. This is all the more impressive considering the weakening macro-economic environment and this group's consistent out-performance over the last five years. 2008 looks very promising still, as secular growth in the Internet economy remains intact and fresh business models make it to the public market. In fact, we're raising our 2008 growth expectations for global online advertising spend to 25% from 21%.
Join over 60 CEOs from public and private companies as we assess the state of this market in light of the current economic slowdown. We'll also examine why 2008 is likely to be a year of further refinement in monetization around search, display advertising and around newer models such as vertical lead generation, video and mobile.
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