The second quarter of 2008 saw revenue growth for top online media and Internet companies drop 0.8 percent from the first quarter, making it the slowest revenue quarter for digital media ever, paidContent reported Tuesday.
Also, revenue growth was at 3.3 percent in the first quarter, slightly down from the same quarter in 2007, when growth was at 3.4 percent, according to the “Digital Media Index,” a report by Strategy Analytics.
The report covered companies such as Google, Yahoo!, Microsoft, Apple and AOL.
Google was the only one of the five largest companies that didn't see a slow in growth, and was up 3.5 percent from the first quarter to the second.
“It seems that not even an emerging sector such as digital media is immune to the global economic downturn,” the report stated, according to paidContent.

