Internet ad sales to reach record of 16 billion dollars in 2006

[SeoMan]

Internet ad sales to reach record of 16 billion dollars in 2006

WASHINGTON, Nov. 15 (Xinhua) -- Internet ad sales for the first nine months of the year are close to the amount spent during 2005,setting up the likelihood of another record year, The Wall Street Journal reported on Wednesday.

At this rate, Internet advertising spending should reach 16 billion dollars in 2006, which would eclipse last year's record of12.5 billion dollars, the Interactive Advertising Bureau was quoted as saying.

The IAB reported that the amount spent on Internet advertising from January to the end of September was 12.1 billion dollars.

According to the report, some 4.2 billion dollars was spent on Internet advertising in the third quarter, representing a 33 percent increase from the year-earlier period.

The third-quarter's ad revenues represent the largest ever spent on Internet advertising in any three-month period, according to the IAB, ekeing past the most recent record of 4.1 billion dollars set in the second quarter of 2006.

_ttp://news.xinhuanet.com/english/2006-11/16/content_5335275.htm

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