On MovieTome: Bootleg Comic-Con FRIDAY 13th trailer!

BNET Industries

Advertising Industry

Industry news and insights by Jake Swearingen

Submit your own

Digital Ad Growth Helps Industry Revenue Rise 8.6 Percent

May 7th, 2008 @ 1:16 pm

0 Comments

Tags: Revenue, Advertisement, Industry, Jake Swearingen

1-agencypie-050508.jpgAd 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.

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.

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:

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+

TalkbackShare your ideas and expertise on this topic
What do you think?
The following tags are supported in BNET comments: <b></b> <i></i> <u></u> <pre></pre>
You are currently a guest | Login?

Trackbacks

The URI to TrackBack this entry is: http://industry.bnet.com/advertising/2008/05/07/digital-ad-growth-helps-industry-revenue-rise-86-percent/trackback/

No trackbacks yet.

advertisement
Recommended Business Articles
BNET Industry Analyst Profiles
Blogger Thumbnail

Jake Swearingen

A reporter for BNET, Jake Swearingen has written for Wired and Business 2.0, covering everything from locative technology to high-definition online video. A graduate of the University of Arkansas, he worked for a non-profit in Washington D.C. before making the jump out to San Francisco and getting into journalism. more »

AboutAdvertising Industry

BNET Advertising provides daily industry news coverage and insights for managers and executives about the major companies in advertising, marketing, and public relations. In addition to detailed company profiles, we bring you critical analysis on new alliances and partnerships, mergers and acquisitions, cost management, new investments and deal flow, and other crucial business issues.

advertisement