Google ad revenue 'to surpass TV' - GoFuckYourself.com

dunefield · 11-02-2006, 08:34 AM

Google is about to overtake the UK's main commercial TV channels in the race for advertising revenue, a study says.

It found that the US internet search giant's 2006 UK revenues are expected to surpass Channel Four's predicted £800m ($1.5bn) returns.

Google will then overtake ITV1 within 18 months, advertising buying companies Mindshare and Initiative told the Financial Times.

Last month Google revealed global third quarter profits of $733m (£390m).

This was a 92% increase on the $381m it made during the same time last year.

YouTube acquisition

Google's overall third quarter revenues rose 70% from a year earlier to $2.7bn.

It also announced last month that it has bought video-sharing website YouTube for $1.65bn.

YouTube has 100 million videos viewed every day and an estimated 72 million individual visitors each month.

ITV1 accounts for 90% of the ITV group's advertising revenues, which totalled £1.63bn last year.

http://news.bbc.co.uk/2/hi/business/6108678.stm

OG LennyT · 11-02-2006, 08:37 AM

amazing stats but not real surprising

Kimo · 11-02-2006, 09:47 AM

google is the man

DjSap · 11-02-2006, 09:50 AM

nice to see that the internet business is growing...

Barefootsies · 11-02-2006, 09:53 AM

Quote:

Originally Posted by OG LennyT

amazing stats but not real surprising

11-02-2006, 08:34 AM	#1
dunefield www.barely18movies.com Join Date: Feb 2003 Location: Melbourne, Australia Posts: 10,920	Google ad revenue 'to surpass TV' Google is about to overtake the UK's main commercial TV channels in the race for advertising revenue, a study says. It found that the US internet search giant's 2006 UK revenues are expected to surpass Channel Four's predicted £800m ($1.5bn) returns. Google will then overtake ITV1 within 18 months, advertising buying companies Mindshare and Initiative told the Financial Times. Last month Google revealed global third quarter profits of $733m (£390m). This was a 92% increase on the $381m it made during the same time last year. YouTube acquisition Google's overall third quarter revenues rose 70% from a year earlier to $2.7bn. It also announced last month that it has bought video-sharing website YouTube for $1.65bn. YouTube has 100 million videos viewed every day and an estimated 72 million individual visitors each month. ITV1 accounts for 90% of the ITV group's advertising revenues, which totalled £1.63bn last year. http://news.bbc.co.uk/2/hi/business/6108678.stm __________________

11-02-2006, 08:37 AM	#2
OG LennyT Wall Street Pimp Industry Role: Join Date: Jun 2003 Location: Phoenix, AZ Posts: 14,345	amazing stats but not real surprising __________________ Tradeking - my online broker \| 4.95 a trade \| make real $$

11-02-2006, 09:47 AM	#3
Kimo ... Join Date: Jan 2006 Location: Maryland ICQ:87038677 Posts: 11,542	google is the man __________________ ...

11-02-2006, 09:50 AM	#4
DjSap Confirmed User Join Date: Jul 2002 Posts: 3,869	nice to see that the internet business is growing... __________________ Blog Themes, TGP Design, Writing Services, Grunt Work ICQ: 66871495