Local online ad spend to rise 31.6% this year Premium Content

'Pure-play' Internet companies gain market share in local ad revenue

Inman News®

Local advertising dollars are surging online, and newspapers are in command of the largest share while Internet giants such as Google and Yahoo and Monster are gaining, according to a report by media research company Borrell Associates Inc.

Local online ad spending -- which is defined as advertising placed by businesses located in a given market area that is intended to reach an audience in that same market area -- is projected to reach $7.5 billion this year, a 31.6 percent gain over spending in 2006, according to the "Wh

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