Online Advertising Revenue Hits $10 Billion Mark

As reported in Crain's new york business.com,

Internet advertising revenue reached a record $10 billion during the first half of 2007, marking a 27% increase over the same period last year, according to a report released Thursday by The Interactive Advertising Bureau and PricewaterhouseCoopers.

The article quotes IAB Chief Executive Randall Rothenberg, who says:

Internet advertising revenue reached a record $10 billion during the first half of 2007, marking a 27% increase over the same period last year, according to a report released Thursday by The Interactive Advertising Bureau and PricewaterhouseCoopers.