ZenithOptimedia predicts that Internet ad spending will increase of 16% through 2014, adding that it will constitute more than half of the industry's growth for the first time. GroupM's Adam Smith said digital should represent 22% of spending in "Western economies" in 2012, adding that just-maturing markets are catching up fast. The "quadrennial effect" of the U.S. elections, the Olympics and other events in 2012 is expected to boost global advertising spending 4.7%.
[Source: MediaPost Communications/MediaDailyNews (12/5), The New York Times (tiered subscription model)]
