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The report states that Internet advertising revenues for the first
six months of 2004 was approximately $ 4.6 billion as compared to
$ 3.3 billion for the corresponding period in 2003. This makes it
a 39.7 per cent increase over the first half of 2003.
For the second quarter in 2004, the Internet advertising revenue
billed a total of approximately $ 2.37 billion showing a 42.7 per
cent increase over same period 2003. Hence second quarter revenues
represent a six per cent increase over the first quarter of 2004,
the report said.
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