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Wal-Mart Calls for Backers of Online Marketplace for TV

Published on May 09, 2006
A group of top advertisers led by Wal-Mart's Julie Roehm are looking to test a proposed online auction site to buy and sell TV ad time, AdAge reports. The group - including Hewlett-Packard, Masterfoods, Microsoft, Philips and Toyota - is asking for advertisers to contribute $50 million for the test.