Q1 Web Ad Spend Surges 23% To $7.3 Bil,

Internet ad spending in the U.S. hit $7.3 billion for the first quarter of 2011, a 23% jump over the same quarter in 2010, according to estimates released this morning by the Interactive Advertising Bureau and PricewaterhouseCoopers. The IAB said it marks the highest first-quarter Internet ad spending quarter ever.

The full report can be viewed here: www.iab.net/AdRevenueReport

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