The Web passes newspapers in ad spending for first time

Advertisers will spend more on internet ads in 2010 than newspaper ads for the first time, according to new estimates by eMarketer. Online ad spending will grow 13.9% to $25.8 billion for the full year in 2010, while advertisers are expected to spend just $22.78 billion on print newspaper ads this year, down 8.2% from 2009, eMarketer estimates.

[link to castlegarsource.com]