Revenue For Web TV $1.63 Billion
When it comes to media, we like to hear any number with billion in it. So we were pretty excited when we read NewTeeVee‘s report on web television’s earning last year.
Putting this into perspective, though, web television only made up 2.4 percent of total U.S. broadcast and cable TV advertising revenue. The revenue from web television did increase from $1.27 billion in 2007. Revenue is expected to double once more in 2011, to $3.23 billion, or 4.6
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