SiliconValley.com discusses the WSJ news:
Murdoch’s thinking is no doubt influenced by stats like those that came out of the Interactive Advertising Bureau yesterday. The IAB reported that online ad revenue surpassed $5.2 billion in Q3, a 3 percent gain over Q2, and an increase of 25.3 percent over the same quarter last year. Citing the growth in broadband video, rich Internet applications, mobile ads and social media, the IAB said online ad revenue was on track to top $20 billion by the end of the year. Before anyone gets too excited, though, Marshall Kirkpatrick reminds us that a large part of that growth is tied to one company: Google.
Anyway, it's a good time to be online.
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