Online advertising saw double-digit growth, while print ads grew slightly.
Newspapers saw double-digit growth in their online advertising revenues in the second quarter of 2005, according to preliminary estimates from the Newspaper Association of America (NAA). The group said online ad spending rose to $500.7 million -- 28.6 percent higher than the same period a year ago.
Overall, ad revenues for newspapers and their Web sites totaled $12.2 billion for the second quarter of 2005, a 2.8 percent year-over-year increase. During the period, print ads in newspapers grew 1.9 percent year-to-year to reach $11.7 billion. Classified advertising led growth offline, growing 5.3 percent to $4.1 billion, while retail advertising rose 1.4 percent to $5.5 billion.
According to John F. Sturm, NAA's president and CEO, online advertising in newspapers is benefiting from companies' efforts to expand their online footprints. "Newspaper sites continue to rank at the top of the most visited online news sources in the nation," he said. "The significant growth in online ad spending is recognition of newspapers' leadership position on the Web."
Many newspaper publishers, such as Tribune and Knight Ridder, have made moves to compete with these free providers and aggregators by opening up their own online editions to offer free classifieds in some or all categories.
On the heels of a fantastic event in New York City, ClickZ Live is taking the fun and learning to Toronto, June 23-25. With over 15 years' experience delivering industry-leading events, ClickZ Live offers an action-packed, educationally-focused agenda covering all aspects of digital marketing. Register today!
Kevin Newcomb joined ClickZ in August 2004, covering search marketing and other online marketing topics. He has been reporting on web-based businesses since 2000.
Before the bubble burst, Kevin was a marketing manager for an online computer reseller, handling copywriting, e-mail marketing, search marketing and running the affiliate program.
With a combination of real-world marketing experience and years of business journalism, Kevin brings to ClickZ a unique ability to deliver news and training materials that help online marketers do their jobs better.
Hong Kong, May 5-6, 2015
Gartner Magic Quadrant for Digital Commerce
This Magic Quadrant examines leading digital commerce platforms that enable organizations to build digital commerce sites. These commerce platforms facilitate purchasing transactions over the Web, and support the creation and continuing development of an online relationship with a consumer.
Paid Search in the Mobile Era
Google reports that paid search ads are currently driving 40+ million calls per month. Cost per click is increasing, paid search budgets are growing, and mobile continues to dominate. It's time to revamp old search strategies, reimagine stale best practices, and add new layers data to your analytics.
May 6, 2015
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