Internet ad revenues hit all-time Q1 high
Internet advertising revenues in the U.S. reached $11.6 billion for the first quarter of 2014, marking a 19% increase over the same period in 2013, according to the latest IAB Internet Advertising Revenue Report figures released by the Interactive Advertising Bureau (IAB) and PwC US. This is an historic first-quarter high and a significant increase over last year’s first-quarter revenue level, which was record-setting at $9.6 billion.
“Interactive advertising is seeing remarkable gains,” said Randall Rothenberg, President and CEO, IAB. “Digital screens are a critical part of the marketing mix and these landmark figures speak to that irrefutable fact.”
“These Q1 revenue levels speak to digital’s unique ability to identify the most relevant audience segments and deliver powerful results,” said Sherrill Mane, Senior Vice President, Research, Analytics & Measurement, IAB.
“With consumers increasingly relying on digital screens for everything from information to entertainment, numbers like these should come as no surprise,” said David Silverman, a partner at PwC US. “Interactive clearly offers a unique proposition for marketers and agencies – an opportunity they are embracing and will likely rely on more in the future.”
The following chart highlights quarterly ad revenue since 1996; dollar figures are rounded.