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AD SHARE SHIFT: Google Swallows World

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Analysis by:

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Silicon Alley Insider

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U.S. Advertising Revenue at major media companies by sector

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US ONLINE REVENUEQ206Q306Q406Q107Q207Q307Q407Q108Q208Q308Notes

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Google$1,421$1,507$1,795$1,942$2,028$2,206$2,506$2,535$2,567$2,695

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Yahoo$1,070$1,054$1,145$1,101$1,119$1,195$1,313$1,307$1,265$1,278

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AOL$449$479$566$549$522$540$620$552$530$507

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Microsoft$409$367$453$444$544$487$623$619$618$557

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Total$3,349$3,407$3,959$4,036$4,213$4,428$5,062$5,013$4,980$5,037

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Y/Y Change26%30%28%24%18%14%

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Share of Total Ad Spending21%22%22%25%24%27%26%28%28%30%

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Y/Y GROWTH %Q206Q306Q406Q107Q207Q307Q407Q108Q208Q308Notes

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Google43%46%40%31%27%22%

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Yahoo5%13%15%19%13%7%

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AOL16%13%10%1%2%-6%

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Microsoft33%33%38%39%14%14%

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Total26%30%28%24%18%14%

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SHARE OF ONLINEQ206Q306Q406Q107Q207Q307Q407Q108Q208Q308Notes

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Google42%44%45%48%48%50%50%51%52%54%

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Yahoo32%31%29%27%27%27%26%26%25%25%

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AOL13%14%14%14%12%12%12%11%11%10%

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Microsoft12%11%11%11%13%11%12%12%12%11%

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Total100%100%100%100%100%100%100%100%100%100%

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ONLINE SHARE OF TOTAL ADSQ206Q306Q406Q107Q207Q307Q407Q108Q208Q308Notes

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Online Share of Total Ad Spending21%22%22%25%24%27%26%28%28%30%

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Online Ex Google SHARE OF TOTAL12%12%12%13%13%13%13%14%13%14%

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Google Share Of Total Ads9%10%10%12%12%13%13%14%14%16%

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Online Ex Google Y/Y Growth13%17%18%18%10%5%

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TV (Cable and Broadcast)Q206Q306Q406Q107Q207Q307Q407Q108Q208Q308Notes

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Time Warner$1,048$909$1,018$844$1,043$930$1,108$936$1,139$1,016Networks and Cable

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Viacom*$1,080$1,100$1,275$970$1,150$1,180$1,390$1,050$1,170$1,160*Global

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News Corp$2,277$1,992$2,520$2,566$2,529$2,247$2,766$3,069$2,718$2,283All TV revenue

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CBS$2,260$2,151$2,561$2,573$2,163$2,042$2,461$2,598$2,201$2,076All TV revenue

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Total$6,665$6,152$7,374$6,953$6,885$6,399$7,725$7,653$7,228$6,535

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Y/Y Change3%4%5%10%5%2%

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Share of Total Ad Spending42%40%41%42%40%38%40%43%40%39%

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Print (Newspapers and Mags)Q206Q306Q406Q107Q207Q307Q407Q108Q208Q308Notes

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New York Times$473$402$626$505$508$465$569$458$454$398

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Gannett$1,353$1,258$1,421$1,200$1,282$1,188$1,246$1,100$1,110$977

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McClatchy$540$507$576$477$488$457$489$404$406$370

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Time, Inc.$708$635$782$554$714$636$794$550$648$585

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Total$3,074$2,802$3,405$2,736$2,992$2,746$3,098$2,512$2,618$2,330

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Y/Y Change-3%-2%-9%-8%-13%-15%

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Share of Total Ad Spending19%18%19%17%17%17%16%14%15%14%

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RadioQ206Q306Q406Q107Q207Q307Q407Q108Q208Q308Notes

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Entercom$127$123$120$99$125$123$121$95$124$116Same station

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CBS$519$508$498$398$463$446$447$364$416$393

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Citadel$113$249$259$213$251$239$245$203$230$214Excl. ABC from Disney

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Clear Channel$910$890$900$799$918$882$875$770$891$844

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Total$1,669$1,770$1,777$1,509$1,757$1,690$1,688$1,432$1,661$1,567

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Y/Y Change5%-5%-5%-5%-5%-7%

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Share of Total Ad Spending10%12%10%9%10%10%9%8%9%9%

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OutdoorQ206Q306Q406Q107Q207Q307Q407Q108Q208Q308Notes

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CBS$500$500$581$462$554$552$619$497$598$549

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Clear Channel Outdoor$748$720$831$691$837$818$937$776$915$813Americas

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Total$1,248$1,220$1,412$1,153$1,391$1,370$1,556$1,273$1,513$1,362

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Y/Y Change11%12%10%10%9%-1%

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Share of Total Ad Spending8%8%8%7%8%8%8%7%8%8%

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ALLQ206Q306Q406Q107Q207Q307Q407Q108Q208Q308Notes

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Total Advertising$16,005$15,351$17,927$16,387$17,238$16,633$19,129$17,883$18,000$16,831

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ONLINE VS OFFLINEQ206Q306Q406Q107Q207Q307Q407Q108Q208Q308Notes

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Online$3,349$3,407$3,959$4,036$4,213$4,428$5,062$5,013$4,980$5,037

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Share21%22%22%25%24%27%26%28%28%30%

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Traditional$12,656$11,944$13,968$12,351$13,025$12,205$14,067$12,870$13,020$11,794

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Share79%78%78%75%76%73%74%72%72%70%

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Google$1,421$1,507$1,795$1,942$2,028$2,206$2,506$2,535$2,567$2,695

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Share9%10%10%12%12%13%13%14%14%16%

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Analysis by:

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Silicon Alley Insider

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Source: Company releases.