Search:      
E & P Web
  America's Oldest Journal Covering the Newspaper Industry Wednesday, February 10, 2010  
 
Newspaper Publisher Website News - Online Media Industry Information


Outside.in Partners with Publishers for Hyperlocal News
Kibboko Expands Scout's Personalized Reading Suggestions
Access of Mobile News Rises 500%
Travidia Launches Grocery Portal to Help Newspapers
'Chicago Tribune' Digitizing Photo Archive, Marketing Original Prints

McClatchy CEO Pruitt: We've Got No Beef With Google
Ken Doctor's 'Newsonomics,' a Fitz & Jen Book Review
Guild: 'Post-Dispatch' Contract Talks Turning 'More Acrimonious'
Bollinger Named 'Aberdeen American News' Publisher While Leone on Medical Leave
Remembering Subscribers in Mill Valley -- By Painting Stripes in Front of Their Houses
Media General Also Paying High Price To Spread Out Debt
UPDATE: St. Louis Gay Newspaper Comes Back From Dead, But as Magazine
Minneapolis 'Star Tribune' Achieves Record Web Month
Union, Management Set Tuesday Meeting on 'Newsday' Financial Status
'N.Y. Times' Ombudsman: I'd Transfer Jerusalem Bureau Chief With Son in Israeli Army

| This week's top stories

    Share on LinkedIn
Ads Up: Online Spending Climb 26% from Last Year



Published: June 06, 2007 5:15 PM ET

SAN FRANCISCO U.S. spending on Internet ads hit a new high for the 10th consecutive quarter during the first three months of the year, a trend that has enriched online powerhouses like Google Inc. and has distressed other more established media like newspapers.

The first quarter's Internet ad volume totaled $4.9 billion, a 26 percent increase from the same time last year, according to figures released Wednesday by the Interactive Advertising Bureau and PricewaterhouseCoopers.

Advertisers have been accelerating their online spending since 2003's final quarter in an effort to reach consumers who are increasingly surfing the Web instead of reading newspapers, watching television and listening to the radio.

The shift has been a boon for Google, the owner of the Web's largest ad network and already one of the country's most profitable companies after less than nine years in business. Meanwhile, other media outlets are trimming their staffs and cutting other costs as they try to offset recent other revenue losses and brace for even more financial pain.

Online advertising is expected to become an even more attractive option as Google and other Web sites develop better marketing platforms for video. U.S. online ad revenue is expected to climb to about $20 billion this year, up from $16.9 billion last year.







Back to Advanced Search














Ads by Google
E&P welcomes your feedback and comments: letters@editorandpublisher.com.
By using this link, you agree to allow E&P to publish your comments on our letters page. To send comments not for publication, please use our Contact Us page.

See letters from readers.