Google's UK ad revenues overtake ITV1

Posted 30 October 2007 11:22am by Graham Charlton with 0 comments

Google is now generating more ad revenue in the UK than ITV1, according to The Times .

The online ad giant has already overtaken Channel 4 and now has ITV as a whole in its sights.

The paper says ITV earned £317m from advertising on its main channel in Q3, while Google generated £327m from UK online advertisers.

However, ITV1's revenues for the whole year are stil expected to surpass Google's - they are projected to reach £1.3bn compared to the search engine's £1.25bn. ITV, digital channels included, is expected to generate around £1.45bn.

It is predicted that Google's ad revenues will continue to outstrip broadcasters' ad income next year in the UK.

Last year, online ad spend in the UK increased by around 47%.

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