UK: newspaper revenues plummet as Internet advertising soar
Posted by John Burke on March 21, 2006 at 11:14 AM
In another sign of the times, Internet advertising spending in the United Kingdom exploded 73% to hit 1.1 billion pounds sterling. On the other hand, newspaper advertising revenues fell 3% for nationals and 4.4% for regionals, classified ads dropping 5%. The overall UK advertising market grew 2.1%, significantly less than the 6% increase in the previous year.
Source: The Guardian
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