Web spending hits new record in third quarter

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13th Nov 07, 04:06 AM

NewsBot

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Web spending hits new record in third quarter

*Source: News.com (http://www.news.com/Web-spending-hit...tag=nefd.top)*
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U.S. Internet advertising revenue rose 25 percent in the third quarter to about $5.2 billion, a new record, according to data released on Monday.

The report by the Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers showed that online advertising revenue has hit new highs (http://www.iab.net/news/pr_2007_11_12c.asp) in each of the first three quarters of 2007.

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