May 31st, 2005
Local advertising pumped $1.2 bln into newspaper sites and $119 mln into local TV sites
US newspapers, TV and radio station web sites held onto 50% of all locally spent online advertising. Newspapers remained the leader, generating nearly $1.2 bln from their sites. TV sites saw nearly 60% revenue growth at $119 mln, and radio stations suddenly awakened to the opportunity in 2004, nearly doubling their Internet ad revenues at $34 mln, according to Research And Markets.
Alex is a software engineer in the San Francisco Bay Area. ITFacts is created and updated by a group of statistics-obsessed individuals.
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