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TMCNet:  Online ad growth slows for second year in a row

[February 24, 2013]

Online ad growth slows for second year in a row

Feb 24, 2013 (The Australian Financial Review - ABIX via COMTEX) -- Mobile advertising expenditure rose 55% to $A33.8m in the three months to 31 December 2013, according to the Interactive Advertising Bureau. Total advertising expenditure grew by 18% in calendar 2012, against 21% and 25% respectively in 2011 and 2010. Classified spending fell by around one per cent to $A172m in the December quarter, which contributed to a two per cent drop in Seek's first-half revenue.


Publication Date: 25 February 2013 INTERACTIVE ADVERTISING BUREAU AUSTRALIA SEEK LIMITED - ASX SEK REA GROUP LIMITED - ASX REA CARSALES.COM LIMITED - ASX CRZ PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD GOOGLE AUSTRALIA PTY LTD FACEBOOK AUSTRALIA PTY LTD

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