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US Internet ad revenue surpasses broadcast
- darushimo 13y agoAnyone else have an "always knew it would happen, never thought it would happen" attitude toward this happening?
- scrollaway 13y agoDon't you mean "kinda surprised it hadn't already happened"?
- ChuckMcM 13y agoThis is a pretty significant milestone. Wonder how it will affect the production and selection of television shows.
- josu 13y agoAnyone knows how long it took for radio to surpass print? (If it ever did) And for TV yo surpass radio/print? I think that less than 20 years (since the Internet went mainstream) It's an amazing feat. And this is even more surprising if we take into account that the Internet penetration rate in the US is around 80% [1] while TV's is almost a 100% [2]. [1] http://en.m.wikipedia.org/wiki/List_of_countries_by_number_of_Internet_users http://en.m.wikipedia.org/wiki/List_of_countries_by_number_o... [2] www.tvb.org/media/file/TV_Basics.pdf
- josu 13y agoAnyone knows how long it took for radio to surpass print? (If it ever did) And for TV yo surpass radio/print? I think that less than 20 years (since the Internet went mainstream) It's an amazing feat. And this is even more surprising if we take into account that the Internet penetration rate in the US is around 80% [1] while TV's is almost a 100% [2]. [1] http://en.m.wikipedia.org/wiki/List_of_countries_by_number_of_Internet_users http://en.m.wikipedia.org/wiki/List_of_countries_by_number_o... [2] www.tvb.org/media/file/TV_Basics.pdf
- revscat 13y agoMy grandfather once told me "only idiots and insurance agents make predictions." That said, this is exactly why I believe the Comcast-Time Warner merger is going to go through. The money in online spending is too great for it not to eventually do what happens to all rent-seeking enterprises, and have be consolidated into ever fewer hands.
- higherpurpose 13y agoThey'll eventually say: "Hey wait a minute - all of those ads appearing on our Internet - we should get a cut of that!"
- ENGNR 13y agoAuto adblock at the ISP level Just a small fee to disable it for your ad..
- adventured 13y agoIsn't US online advertising already consolidated into very few hands? eg Google, Facebook, Yahoo, Amazon
- sown 13y agoDoes anyone know about total ,erm, volume? I guess numbers of impressions is what I'm thinking of? If ads are online (please correct me if I'm wrong) are cheaper than broadcast ads for an impression, then while the revenues go up the profit might go down?
- jey 13y agoDirect link to 2013 report: http://www.iab.net/media/file/IAB_Internet_Advertising_Revenue_Report_FY_2013.pdf http://www.iab.net/media/file/IAB_Internet_Advertising_Reven...
- lelandbatey 13y agoAs someone who doesn't directly consume broadcast media (radio or television), I kinda thought this was already the case. I and most everyone I know uses online services so much more than broadcast that I just assumed. Guess I learned a bit more about how I shouldn't assume.
- paul_f 13y agoMaybe it was inevitable for many, but for those of us born well before the mass adoption of the Internet, this feels historic.
- chaz 13y agoIt's worth noting that this ~$40B is just for broadcast TV ads. This excludes cable TV ads (~$30B) and subscription TV fees (~$80B). There is an ongoing non-zero sum shift in attention and dollars to online, but TV is far from dead.
- quotient 13y agoThis is a very important point. It's also necessary to recall that cable TV, broadcast TV, and subscription TV mostly gets its revenue from US-based consumers. In contrast, US-based advertising gets its revenue from consumers all around the world (though many of them are from the US). Just in terms of capturing the American market: internet advertising still has a long way to go.
- panabee 13y agogreat points. this spurred a google search to find the breakdown of internet advertising by country and respective growth rates (was curious where online ads are growing fastest and exactly how much the US accounted for), which yielded this interesting nugget if you trust eMarketer: norway leads the world in digital ad spend per person at $209. the US is second with $201/person. australia is third. http://mashable.com/2013/09/25/digital-ads/ http://mashable.com/2013/09/25/digital-ads/
- guiambros 13y agoYeah, that's the typical IAB's reality distortion field. Television is still almost 2:1 versus Digital advertising, and yet they worded the press release in such a way that convinced all the headline-skimmers that digital is bigger than TV in the US. Funny that they lumped together very different digital channels (search, display, mobile), and yet decided to keep TV Broadcast and Cable TV as separate line items. That's intentionally misleading at best. (disclaimer: I work in the area, and have a vested interest in the growth of digital ad revenue. But I still feel offended by these pseudo-researches)
- deleted 13y ago[deleted]