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American Google and Facebook wil own 84% of advertising budgets of the world

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American Google and Facebook  wil own 84% of advertising budgets of the world
December 05
09:00 2017

According to the report of the agency GroupM, the world’s largest holding for managing media investments, Google and Facebook will own 84% of the money spent on the digital advertising in the world in 2017 (excluding China).

This forecast says that in 2018, the world advertising spending will grow by 4.3%, or by 23 billion US dollars, while the digital segment will ensure an almost full growth. Unprecedented increase in costs for television advertising in the next year is expected by 2.2%, for digital advertising – by 11.3%.

At the same time, according to the international business newspaper Financial Times, this year the cost of advertising of digital media sources will exceed the cost of television commercials at least in 17 countries, including the UK and Germany. Meanwhile, more and more market leaders in various industries are protesting the lack of monitoring of digital content, alongside with which their advertising is shown. So Mars, HP, Deutsche Bank and Mondelez refused to cooperate with YouTube’s video service owned by Google, after their ads were shown alongside obscene video clips.

Info from Money-Investing portal:

Google Inc. was founded by Larry Page and Sergey Brin.

The primary registration took place on January 4, 1996, and on August 19, 2004, the company began to sell its shares in the stock market. Then the founding fathers agreed to keep from independent voyage for another twenty years, until 2024.

Google runs more than a million servers around the world and processes over a billion search queries every day.
The active growth of Google since its foundation led to the emergence of a large number of products not directly related to the flagship – the search engine.
According to Brand-Finance, Google is the most expensive brand in the world.

In 2011, Google was recognized as the company with the best reputation in the US, being ahead of such holdings as Microsoft and Sony.

Facebook is the largest social network in the world.

It was founded in February 2004 by Mark Zuckerberg, the student of the Faculty of Psychology, and his neighbors at Harvard – Eduardo Saverin, Dustin Moskovitz and Chris Hughes.
Facebook is one of the five most visited Web sites in the world. As of April 2017, the monthly audience of the network is 1.968 billion people; as of June 2017, the audience has grown to two billion.

Thanks to this site Mark Zuckerberg , being 23 years old, has become the youngest billionaire of the planet.

The material was prepared with the participation of Darina Belova,
a leading analyst of the brokerage company CT Trade

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