Online video ad spend to grow from $410 million in 2006 to $2.9 billion by 2010

From E-Commerce Times:
Spending on online video advertising will soar throughout this decade with sales predicted to break the billion dollar barrier in 2008, according to a report released this month by research aggregator eMarketer. This year's outlay for Net-based video ads grew more than 82 percent over 2005, to some US$410 million. The forecast for next year's growth is even higher: 89 percent, to $775 million, prevised the report, a copy of which was obtained by the E-Commerce Times.