Here’s What We’ve Been Talking About

Posted: August 16, 2007 in Technology and Business
Guess the only thing you can say in light of the stock market getting crushed over the last few weeks is this:  Everything is now on sale.
 
To wit, a brilliant summary of what we’ve been discussing the last few years from Henry Blodget in his Internet Outsider blog:
 
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The Great Advertising Share Shift: Google Sucks Life Out Of Old Media
Everyone talks about advertising dollars shifting online, but when you’re fighting all day in the trenches it’s tough to get a handle on what this really means.  Here’s what it means:
 
US advertising revenue at 4 big online media companies–Google (GOOG), Yahoo (YHOO), AOL (TWX), and MSN (MSFT)–grew by $1.3 billion in Q2, or 42%
 
US advertising revenue at 15 big television, newspaper, magazine, radio, and outdoor companies (Time Warner, Viacom, CBS, etc.) shrank by $280 million in Q2, or 3%.
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