• By Nicholas Carlson
    May 12, 2008 4:00 PM 911
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    Procter & Gamble slices, dices advertising budget

    Procter & Gamble, which can spend upwards of $300 million on advertising a month, is considering cutting its overall ad spending by 10 percent. Meanwhile, it plans to continue "aggressively moving ad dollars to the Web," reports the Wall Street Journal. [WSJ]


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