Three Hundred Million

Figures from the Interactive Advertising Bureau (IAB) and pricewaterhouseCoopers, regarded as the industry’s official count, show that advertisers spent £151.6m on Internet advertising in the first half of this year.

According to New Media Zero, UK online ad spend in 2003 could be as high as £350m which is very promising news indeed for those of us involved in the industry. The article doesn’t break down the money and I would be interested to know where it is being spent – I just hope it’s not on more pop-ups!