The document discusses the results of a study on marketing budgets for Asian companies in 2009. It finds: 1) Initially in September 2008, most companies projected budget increases for 2009, but a re-contact in October found 94% had reduced budgets with most seeing declines over 10%. 2) Due to the economic crisis, 94% of respondents now forecast the same or lower budgets for 2009 compared to 2008, with 25% seeing declines over 20%. 3) The study was conducted with over 50 senior marketers from companies representing over $3 billion in media spending across Asia. It found shifts from paid to unpaid marketing and cuts to 2008 budgets.