Online Advertising to Surpass Newspaper Advertising by 2011

The Financial Times reports that the 2007 annual research report on the media sector by media analysts Veronis Suhler Stevenson (VSS) forecasts online advertising will surpass newspaper advertising by 2011. With a projected annual growth rate of than 21 per cent per year, online advertising is expected to reach $62bn in 2011, making it bigger than newspaper advertising, which is expected to total $60bn in 2011.

The move to online advertising is not just a U.S. phenomenon. The shift in advertising spending away from traditional media to online and digital media is global. Some forecasters expect online spending in the UK and Sweden to overtake newspaper advertising as early as this year.

About the author

Amanda Watlington is the owner of Searching for Profit, a search marketing consultancy focusing on the interaction of the consumer with businesses using search engines, RSS, blogs, podcasting or other new media to deliver their message. She is a frequent speaker at Search Engine Strategies, WebmasterWorld and other industry conferences. She's the author of three books and has written feature articles for over thirty magazines and journals. She has twenty years of experience as a communications, sales and business strategy consultant, and over ten years as a search marketer.