Internet ad revenues in Q3 surpass 5.2 billion


The Interactive Advertising Bureau and PricewaterhouseCoopers announced Internet advertising revenues exceeded 5.2 billion Q3, representing yet another historic high for a quarter and a 1.1 billion increase, or 25.3%, over Q3 2006. The results, published in the IAB Internet Advertising Revenue Report, are nearly 3 percent higher than Q2 2007, itself the last record-setting quarter. All three quarters in 2007 have set new highs-Q1 at 4.9 billion, Q2 at 5.1 billion, and now Q3 at 5.2 billion. Revenues for the first nine months of 2007 totaled 15.2 billion, up nearly 26% over the 12.1 billion recorded during the first nine months of 2006.