A recent study from IDC says:

Internet advertising in the United States will continue to grow fast even as the current economic woes will lead to a contraction in ad spending overall, essentially accelerating the transfer of marketing budgets from the traditional media into the new. During the forecast period, Internet advertising will grow about eight times as fast as advertising at large. IDC finds overall Internet advertising revenue will double from $25.5 billion in 2007 to $51.1 billion in 2012.

The Internet will go from the number 5 medium all the way to the number 2 medium in just 5 years, making it bigger than newspapers, bigger than cable TV, bigger even than broadcast TV, and second only to direct marketing. Read More Here.

From PaidContent.org:

– All about scale: Alan Schanzer, managing partner, at WPP Group’s MEC Interaction said this deal won’t affect the current TV marketplace negotiations but it will help CBS follow through on the emphasis it gave to “the portability of content” at Wednesday’s upfront presentation. Schanzer: “It gives them more places to showcase their programming or invite audiences back to view their programming. This is where scale becomes critically important. It’s not always going to be the case where people go home and turn on their TV to watch CBS. It will be much more about CBS going out to this mass audience of people and saying we have this content, come watch it. That’s why we think the blended marketplace that this deal creates is so interesting, because the flow of content works in both directions.” >Read More