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When it comes to video ad sales, marketers don’t need a linear path to success.
According to the Interactive Advertising Bureau’s newly released 2024 Digital Video Ad Spend & Strategy Report, it’s going to be a big year for digital video. The report, which comes ahead of next week’s NewFronts events, noted that digital video ad sales are growing nearly 80% faster than media overall, with spend, including connected TV (CTV), social video and online video, projected to grow 16% this year, hitting $63 billion.
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