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U.S. online ad sales rose 14% Y/Y in 1H to $17B, according to trade association IAB - healthy...
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Thursday, October 11, 2012, 6:54 PM ETU.S. online ad sales rose 14% Y/Y in 1H to $17B, according to trade association IAB - healthy growth, but down from the year-ago period's 23% clip. Mobile ad sales rose 95% Y/Y (a positive for MM and VELT), but still made up only 7% of total sales. Search (+19% and 48% of total) ad sales growth was healthy (a positive for GOOG), but display/banner ad sales were a laggard, growing just 4% (a negative for YHOO). (YouTube sales)
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