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Online advertising hits record level in Q1: report

May 13, 2010

As reported by Market Watch…

U.S. Internet advertising revenues rose 7.5% in the first quarter compared to the same period last year, reaching $5.9 billion and marking the highest first-quarter level ever, according to a report published Thursday by the Interactive Advertising Bureau and PricewaterhouseCoopers. Still, online ad revenue in the quarter marked a slight decline from the $6.3 billion posted in the fourth quarter of last year, the highest quarterly total ever. Google Inc. (GOOG 481.47, -0.68, -0.14%) , Yahoo Inc. (YHOO 13.98, -0.01, -0.07%)  and Microsoft Corp. (MSFT 24.66, -0.16, -0.65%)  all issued quarterly reports recently that included some upbeat indications for the health of the online ad market.

http://www.marketwatch.com/story/online-advertising-hits-record-level-in-q1-report-2010-05-13

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Category: Blog | News

Tags: Google | Market Watch | Microsoft | Online Advertising | Yahoo


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