A report on Internet Advertising Revenue for the full year of 2011 by the Interactive Advertising Bureau (IAB) which was prepared by Price Waterhouse Cooper US indicates that revenues have soared to a new high of a staggering $31 billion. This figure is a 22% increase from the previous year which was another record-breaker at $26 billion. The report which was released today showed that the fourth quarter of 2011 hit the best-ever quarterly revenue of $9 billion thus totting up an increase from the third quarter which hit $7.8 billion on top of which it had increased by 20% from the Q4 numbers of 2010 which was at $7.4 billion.
Ubergizmo, Online Advertising Hits $31.7 Billion in 2011
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