Internet Advertising is increasing in. China China's Focus Media revenues for Q2 up 201%

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Internet Advertising is increasing in. China China's Focus Media revenues for Q2 up 201%

Tuesday, 19 August 2008 08:44

China's Focus Media, The Shanghai-based multi-platform digital media company which main business is out-of-home advertising reported $76.1 million of its $211.7 million total revenue came from internet ads, roughly one-third compared to one-quarter of in Q207. Revenues from internet advertising rose 201 percent over $26.4 million in Q207 and 53.6 percent over Q1's $51.4 million.
Focus Media took a big hit in mobile advertising earlier this year when it agreed to ban mobile ad spam, slashing expected 2008 mobile revenue by $40 million.