The Goffins - Media Power Movers

Knowing that Amy sells ads for Telemundo and I sell ads for Google - does anyone find an interesting correlation to the news below?
TNS Media Intelligence's latest numbers show that total advertising spending in the U.S. last year(2006) reached $149.6 billion, a 4.1% jump from 2005. The growth was mainly attributed to Spanish-language TV and Internet with the former experiencing a 13.9% increase to $4.3 billion. Internet ads went up by 17.3% to $9.8 billion while TV ad spending grew by 5.3% to $65.4 billion. Network and cable television experienced slower growth than the others with 2.5% gain to $22.9 billion and a 3.4% to $16.7 billion, respectively. Spot TV increase by 10.4% to $17.2 billion. As for actual share of the advertising market, TV led the pack, of course, with a 43.7% share while Internet ads crept up from 5.8% to 6.5% .
* I do find it a little strange that Google (a company that generates 99% of it's revenue through Internet advertising) publicly reported revenue of $10.6 Billion - yet the entire Internet advertising market is quoted as less than that alone at $9.8 Billion....

4/26/07 Update -- In a recent study on Brand value ... Google was ranked #1 and GE was #2. I mean - seriously - I don't think these things are a coincidence...

1 comment:

Anonymous said...

And who was spot on with that assessment when Amy was looking at job opportunities?

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