Advertisers will spend more on internet ads in 2010 than newspaper ads for the first time, according to new estimates by eMarketer, according to a posting by Clark Fredricksen.
Online ad spending will grow 13.9% to $25.8 billion for the full year in 2010, while advertisers are expected to spend just $22.78 billion on print newspaper ads this year, down 8.2% from 2009, eMarketer estimates.
Total newspaper ad revenues from print and online ads are expected to hit $25.7 billion this year, still shy of the $25.8 billion advertisers will spend on internet ads.
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