Advertising expenditures for newspaper websites in 2007 increased 18.8 percent, to $3.2 billion - accounting for 7.5 percent of all newspaper ad spending last year (up from 5.7 percent in 2006), according to preliminary estimates from the Newspaper Association of America, MarketingCharts writes.
Print ad expenditures were down 9.4 percent in the same period, however, and total (combined print and online) newspaper ad expenditures were down 7.9 percent for the year, according to the estimates.
(See table of online and print newspaper ad expenditures, by quarter, for 2007 and 2006.)
In the fourth quarter of 2007, advertising expenditures for newspaper websites increased to $847 million, up 13.6 percent compared with the same period a year earlier.
That was the thirteenth consecutive quarter of double-digit growth for online newspaper advertising since NAA started reporting online ad spending in 2004.
Advertising expenditures at newspapers and their websites, combined, totaled $12.6 billion for the fourth quarter; spending for print ads in newspapers totaled $11.7 billion.
(See table of newspaper print ad expenditures, broken down by segment and quarter, for 2007 and 2006.)
Those figures are down from the fourth quarter of 2006, when total advertising expenditures were $14 billion, and print ad spend was $13.2 billion.
About the data: The NAA website has quarterly and annual ad spending numbers in their entirety.
All sectors of the media business will suffer from the weakened economy in 2008 and 2009, with a slump in local advertising particularly hurting newspapers and local TV, according to a new projection from Goldman Sachs.
Broadcast nets will experience…
The New York Times is shuttering its International Herald Tribune site; NYTimes.com will soon host the international news normally reserved for its sister website.
The move is not about cost savings, but rather about growth, NYTimes.com general manager Vivian Schiller…
Unilever’s Vaseline set forth on an unusual research project in a small town in Alaska. Setting up a storefront, the company began giving away free bottles of lotion and asking recipients to name the person who had recommended they come…
Meet the Press, the show hosted by Tim Russert for 17 years before his death last June, is beginning to slip in ratings.
Last month, CBS’s Face the Nation pulled ahead of Meet the Press for the first time in two…
Bloggers collectively create nearly one million blog posts each day, and half of bloggers believe blogs will be a primary source of news and entertainment in the next five years, according to Technorati’s 2008 State of the Blogosphere Report, MarketingCharts writes.…
Wal-Mart and Costco reported same-store gains in September, with sales rising 2.4% and 9% respectively. Sales at Target stores open at least a year fell 3%, writes Retailer Daily.
Below, fiscal results from the discount retail giants:
Sales of food and…