Friday, May 16, 2008
Yahoo to Icahn: Buzz Off
If the old media advertising economy is in the toilet, then its new media counterpart is sitting atop it.
According to figures compiled by the Interactive Advertising Bureau, spending on Internet advertising in 2007 rose to $21.2 billion, up 26% from the prior year. That’s a record high and one that exceeds the $20.9 billion spent on print, radio, outdoor and cable TV.
Unsurprisingly, keyword search, Google’s (GOOG) cash-cow ranch, generated the most revenue and claimed the largest market share–41%. Display advertising followed with 34%, classifieds at 16%.
(Image Credit: Tyler Jordan, eVisibility Insider)
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper.
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Stop Making the Sixth Sense
Best Little Whorehouse in The Texas Chainsaw Massacre
Air Force One Flew Over the Cuckoos Nest
Bad Taste Santa
…in 80 milliseconds.
We sat next to each other in math. We didn’t get on, remember? Want to be my friend?
PRO TIP: You can create an effective diversion using sheep or cattle brains.
Just killed one inside. Pics for proof. This is insane.
With antlers on a headband
The Death Star over San Francisco
Inferring personality from email addresses
A lifetime of CNN in two minutes
With Apple CEO Steve Jobs sitting in for the lovable tiger …