Some thinking about online advertising spend in 2010 suggests that this year it's going to see serious growth, which is fabulous news for new media. But it's potentially bad news for traditional publishing.
The analysis is coming from ZenithOptimedia, which has been revising its estimates for online advertising spend in 2010 upwards for several months now. Its latest piece of thinking has attracted some attention in the online media itself because it predicts that the spend in 2010 will rise some 13.1% throughout this year, and even zoom upwards another 16.1% in 2011. That figure is an amazing indicator that the economic downturn really is over, as ad spend was one of the big indicators that the recession was biting deep.