Globally Internet Advertising to Eclipse Radio Ad Spend by 2008

Signs of the times. AdAge highlights a new survey on future advertising spending in the next several years.

A key forecast:

"We expect [online ad spend]  to overtake radio advertising in 2008; to attain a double-digit share of global advertising in 2009; and to overtake magazine advertising in 2010, with 11.5% of total ad spend."

It also lists that globally internet ad spending would grow to $44.6 billion from approximately $36 billion -  which would increase it's share of the market from  8.1 to 9.4 percent.