Internet Ad Revenues Jumped 33% to Hit $4.2 billion in Q3, IAB/PWC

Internet advertising revenues grew 33% in the third quarter of 2006 from an year ago to reach a new record of $4.2 billion.  for the third quarter of 2006, according to The Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers data released today. The 2006 third quarter revenues represent a 2% increase over the Q2 2006 total of nearly $4.1 billion.

Interactive ad market, in its 8th consecutive quarter of growth and the largest single quarter ever, is on pace for its biggest year, according to IAB.  

The IAB sponsors the Internet Advertising Revenue Report, which is conducted independently by the New Media Group of PricewaterhouseCoopers. The full report is issued twice yearly for full and half-year data, and top-line quarterly estimates are issued for the first and third quarters.

Conducted by the New Media Group of PricewaterhouseCoopers, the "Advertising Revenue Report" was started by the IAB in 1996, and represents data from all companies that report meaningful online advertising revenues. The results are considered the most accurate measurement of Interactive advertising revenues because the data is compiled directly from information supplied by companies selling advertising on the Internet. The survey includes data concerning online advertising revenues from Web sites, commercial online services, free e-mail providers, and all other companies selling online advertising. First and third quarter revenue reports are estimates, with the actual figures being released along with second and fourth quarter data, respectively. PwC does not audit the information and provides no opinion or other form of assurance with respect to the information.

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