
From eMarketer.com: "Internet advertising
could be dubbed "The Comeback Kid"
of the media world...
"According to eMarketer projections, in 2005, US Internet
ad spending will surpass $10 billion
for the first time, shooting past that mark to
$12.9 billion. That figure more
than
doubles 2002's bottoming out. Four years from now, companies
will spend nearly $10 billion more on Internet ads, reaching
$22.3 billion in 2009...
"'To call this advertising market 'hot' implies it's a
fashion that might turn slack at any moment," says David
Hallerman, Senior Analyst at eMarketer and author of the Ad
Spending Trends: The Internet and Other Media report. 'These
yearly and quarterly ad spending gains point to a
sea change in media usage among
marketers, reflecting how the Internet has become an essential
element of daily life for more and more individuals...'
"'Much of the increase is coming at the expense of
other, traditional media channels,' says Mr. Hallerman.
According to an InsightExpress survey, 74% of media planning
and
buying executives reported an increased
demand for Internet ad inventory in late 2004. That
figure was 23 points higher
than the next most in-demand medium, cable TV.
"In contrast, 19% or more of respondents cited
decreased demand for media such
as newspapers, radio, magazines and network TV."
Broadband growth poised to open biggest ad revenue doors
From CnetNews.com: "Advertisers will be capitalizing on the
growing number of broadband-connected homes by spending on
rich-media and streaming-media ads...
"Rich-media spending will rise at a
25 percent compound annual
growth rate to $3.5 billion, the company said, while
streaming-media revenue will rise
at a 30 percent compound
annual growth rate to $943 million...
"Also adding to Web publishers' revenue will be
direct sales and network
revenue-sharing deals."
Read the full stories at:
eMarketer and
cNetNews.com |