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Internet adspend overtakes outdoor.(Brief Article)

Campaign

| October 07, 2005 | COPYRIGHT 2005 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Online advertising spend will hit pounds 1 billion by the end of the year and has already overtaken outdoor's market share, according to the latest figures from the Internet Advertising Bureau and PricewaterhouseCoopers.

Spend reached pounds 490.8 million in the first half of 2005, an increase of 62.3 per cent on the same period last year. The growth saw market share increase to 5.8 per cent, compared with a 5.1 per cent share for outdoor advertising across the same period.

Display advertising on the internet rose 67.7 per cent to hit pounds 162.1 million, one-third of total spend. The paid-for search category also grew dramatically, up 72 per cent to pounds 197.3 ...

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