Local advertising spend on online radio Web sites increased 94 percent from 2003 to 2004, but there's plenty of room for growth, preliminary results from a Borrell Associates study show. The figures
indicate radio stations' sites grew ad revenue from $17 million to around $33 million. They bode well for new initiatives reportedly underway at Clear Channel Communications and Infinity Broadcasting.
Read the whole story at ClickZ, March 28, 2005 »