Newspaper sites dominate the local online advertising market,
claiming a much larger chunk of local ad dollars (e.g. real-estate,
auto and job classifieds) than competing media outlets like radio or
television, says a new report by Borrell Associates. The research
firm said newspaper sites -- online properties owned by publishing
giants like Gannett Co. and Tribune Co. -- ate up 44% of the $2.7
billion spent on local advertising in 2004, compared with 4% for TV
stations and 1% for radio stations. Newspapers collectively even
beat out "pure-play" Internet companies -- Web-based entities like
Monster.com or Autotrader.com -- which claimed 40% of the local
market. However, radio and TV stations have begun to pay attention
to local online ad spending, which is forecast to grow 46% to $3.9
billion this year, according to Borrell. --
Katherine Meyer, 3/31/05
Grab a Slice |
Share of the $2.7 billion spent on local online advertising
in 2004 |
|
|
Newspapers |
44% |
Pure-play Internet companies |
40% |
Yellow pages/Interactive directories |
6% |
Paid-search companies |
5% |
TV stations |
4% |
Radio stations |
1% |
Source: Borrell Associates Inc. Report analyzed Web revenues for
2,177 local media properties.