Internet Ad Revenue Will Soon Displace Print Mags

From Gardian Unlimited:

“The internet is set to overtake magazines to become the world’s third largest advertising medium in 2010, according to a new report. Media planning and buying agency ZenithOptimedia’s global advertising report estimates that in 2010 the internet ad market will be worth almost $61bn (29.5bn), compared with the magazine market at around $60.5bn (29.3bn). By 2010 the internet will account for 11.5% of global ad spend, trailing just TV, at a 37.5% share, and newspapers with 25.4% of an estimated $530bn (£257bn) total spend, according to Zenith.”

(Thanks, Karleen!)

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