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