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Welcome, Stephanie!

Stephl-1

Stephanie Loleng joins us as the Finance Assistant/Contracts Administrator for the Operations Department at FM. She comes to FM after a two-year stint as an independent radio producer for National Public Radio member stations in the San Francisco Bay Area. She also worked as a print reporter and editor for Asian American newspapers, and continues to look for the next good story. Before diving into the world of journalism, Stephanie worked at LookSmart as a web editor for the travel section, then traveled and lived in Asia for a year and a half. Stephanie's currently working on a collection of poetry and short fiction. Welcome, Stephanie!

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2009 Online Advertising Outlook

UBS reduces its forecast for late 2008 and 2009 ad revenues (Mediapost), but expects online to fare relatively better than traditional media. Wachovia cuts its outlook for 2009 (Reuters), with a similar distribution of the pain: "Wachovia analyst John Janedis now expects U.S. advertising spending to fall 0.8 percent in both 2008 and 2009 'based on continued deterioration in the economy, and our belief that things may get worse before getting better.' He previously called for growth of 1.2 percent this year