Last Update: 6:55 PM ET Jun 6, 2007
SAN FRANCISCO (MarketWatch) -- Revenue from online advertising grew sharply in the first quarter of this year, according to data released Wednesday by the Interactive Advertising Bureau and PricewaterhouseCoopers. Internet advertising revenue rose to $4.9 billion in the quarter, a 26% increase over the first quarter of 2006.
The IAB and PricewaterhouseCoopers' survey covered advertising on Web sites, email, and other online services, the IAB said in a statement posted online. The growth in online advertising has spurred a consolidation in the industry, with online services companies Google Inc.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.