Internet advertising revenues surpass $4 Billion for third quarter

The Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers LLP announced today that Internet advertising revenues reached an estimated new record of $4.2 billion for the third quarter of 2006.

The 2006 third quarter revenues represent a 33 percent increase over $3.1 billion in Q3 2005. Its also the eighth consecutive quarter of growth and the largest single quarter ever, placing 2006 on pace for the biggest year ever in Internet advertising.

If you’re not shifting your advertising and marketing spending to the Internet, you’re rowing up stream.

Technorati Tags: internet advertising