According to the Interactive Advertising Bureau, Internet advertising revenues are up 18% in Q3 of 2012, hiting close to $9.3 billion in the U.S. (see IAB press release: http://bit.ly/V8LrII)
Although TV advertising is still the biggest channel (42% spend), online advertising is crushing print ad spend (40% vs 10%), will it also take over TV spend in 2013? In the U.S., Google generates as much advertising revenue as all newspapers & magazines put together.