London, Dec 29 (ANI): A large number of social networking companies face crisis as digital advertising is on a downswing, revealed a research from consultants Deloitte.
The researchers said that the websites, which had survived the downward trend, might be forced to supplement their revenue with pay-subscriptions, selling members' data or extra financing.
The eMarketer revealed that the predictions came as growth forecasts for digital advertising had halved from 17.2pc to 7.2pc for next year. » full story
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