May 29, 2008
Online Advertising Revenues Soar in 2007 while Newspaper Advertising Flounders
While 2007 newspaper advertising revenue dropped 9.4% – the biggest plunge in 50 years (source), internet advertising gained an incredible 26% (source). The total revenue for newspapers still dwarfs internet ($42 billion compared to $21 billion) but with 25% gains year over year, it’s still a matter of time before internet catches up. How did other media types do?
- Cable advertising was up 11% (source)
- Local broadcast TV advertising was down 4.4% (source)
- Radio advertising was down 2% (source)
- Outdoor advertising was up 7% (source)
- Magazine advertising was up 6% (source)
More and more advertisers are migrating to the mediums that can target by niche. This is reflected in the growth of internet, cable, and magazine.
Posted in Advertising, Service Industry, Web & SEO








