May 7, 2008 4:16 PM
- Text
Digital Ad Growth Helps Industry Revenue Rise 8.6 Percent
(MoneyWatch)
Ad Age put out its revenue numbers for the industry as a whole for 2007, and found a surprising 8.6 percent jump in growth. With a slumping print industry continuing a multi-year swan dive, that growth was bolstered by a lot of digital. From Ad Age:
Ad Age put out its revenue numbers for the industry as a whole for 2007, and found a surprising 8.6 percent jump in growth. With a slumping print industry continuing a multi-year swan dive, that growth was bolstered by a lot of digital. From Ad Age:
While it comes as no surprise that revenue at digital specialty agencies rocketed last year (up 26.8% in the U.S.), it's clear that digital services have become a way of life (or a way to avoid death) for agencies of all disciplines. In fact, U.S. ad agencies reported an average 10.2% of revenue from digital in 2007.Also put out today, Ad Age's Top 50 Digital Agencies in the U.S., and Ad Week's Digital Agency Report Card. And Catherine Taylor over at Adverganza breaks down Ad Week's Report Card without all that clicking around:
And in some cases, it was a lot more. Goodby, Silverstein & Partners ... said digital services last year generated 52% of its revenue. The San Francisco agency works for such digitally connected clients as Hewlett-Packard Co. ...
Ad Age estimates that the Big 4 ad firms -- Omnicom Group, WPP Group, Interpublic Group of Cos. and Publicis Groupe -- last year generated 12.3% of worldwide revenue from digital services.
AGENCY.COM: D AKQA: A- AVENUE A/RAZORFISH: B DIGITAS: C+ ICROSSING: C MRM WORLDWIDE: C OGILVY INTERACTIVE: B ORGANIC: B R/GA: B TRIBAL DDB: B+
Latest Now in MoneyWatch
- Insurers respond cautiously to contraceptive plan
- Judge: Legally, breastfeeding not related to pregnancy
- Budget deficit drops to $27 billion in January
- Why the Powerball Jackpot is part of my investment strategy
- Is the new VW Beetle diesel worth the money?
- Consumer sentiment highlights risks to recovery
- Valentine blues? 10 best cities to be single
- December trade deficit widens to $48.8 billion
- Alcatel-Lucent returns to profit in 2011
- 6 things never to say in a performance review
- $26B mortgage deal: Who gets the money?
- Friendly's CEO steps down
- Quarterly loss hits $3.3B at Postal Service
- Greeks rail against cuts as EU demands more
- 6 things you should never share on Facebook
- Make moves now to increase financial aid
- Valentine's Day: 9 places to save
Latest CBS News Headlines
on Facebook Most Discussed Stories
on CBS News
- Crawford leads Trail Blazers past Hornets, 94-86
- Grizzlies upend Pacers 98-92
- Lin scores 38 to lead Knicks over Lakers 92-85
- Mavericks hold off T-wolves 104-97 behind Nowitzki
on Facebook Most Discussed Stories
on CBS News






