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NEWS
IN DETAILS - PLEASE READ BELOW
1.
News From Internet Advertising Revenue
World.
INTERNET
ADVERTISING REVENUES SURPASS $4 BILLION FOR Q3
Latest IAB/PwC Survey Finds 2006 Record Industry
Growth and Largest Quarter Ever
The Interactive
Advertising Bureau (IAB) and
PricewaterhouseCoopers LLP today announced that
Internet advertising revenues reached an estimated
new record of $4.2 billion for the third quarter
of 2006. The 2006 third quarter revenues represent
a 33 percent increase over $3.1 billion in Q3 2005
and a 2 percent increase over the Q2 2006 total of
nearly $4.1 billion.
"The
consistent growth of online advertising is a clear
indication that marketers continue to embrace the
true power of interactive advertising," said
Sheryl Draizen, SVP, General Manager, IAB.
"Marketers are experiencing how this medium
enhances their ability to target and engage the
audience that matters to their brand and then
measure its effectiveness in ways no other medium
provides."
"Interactive
advertising, with its eighth consecutive quarter
of growth and the largest single quarter ever, is
on pace for its biggest year. This growth follows
the trend of where consumers are spending their
media time and the unique ability of Interactive
advertising to effectively target and monitor ad
campaigns," said David Silverman, Partner,
Assurance, PricewaterhouseCoopers.
Quarterly
Internet Ad Revenues Surpass $4 Billion
$
Millions

Conducted by the
New Media Group of PricewaterhouseCoopers, the
"Advertising Revenue Report" was started
by the IAB in 1996, and represents data from all
companies that report meaningful online
advertising revenues. The results are considered
the most accurate measurement of Interactive
advertising revenues because the data is compiled
directly from information supplied by companies
selling advertising on the Internet. The survey
includes data concerning online advertising
revenues from Web sites, commercial online
services, free e-mail providers, and all other
companies selling online advertising. First and
third quarter revenue reports are estimates, with
the actual figures being released along with
second and fourth quarter data, respectively. PwC
does not audit the information and provides no
opinion or other form of assurance with respect to
the information.
The IAB sponsors
the Internet Advertising Revenue Report, which is
conducted independently by the New Media Group of
PricewaterhouseCoopers. The full report is issued
twice yearly for full and half-year data, and
top-line quarterly estimates are issued for the
first and third quarters.
About
PricewaterhouseCoopers:
PricewaterhouseCoopers
(www.pwc.com) provides industry-focused assurance,
tax and advisory services to build public trust
and enhance value for its clients and their
stakeholders. More than 140,000 people in 149
countries across our network share their thinking,
experience and solutions to develop fresh
perspectives and practical advice.
"PricewaterhouseCoopers"
refers to the network of member firms of
PricewaterhouseCoopers International Limited, each
of which is a separate and independent legal
entity.
About the
IAB:
Founded in 1996, the Interactive Advertising
Bureau (IAB) represents over 300 leading
interactive companies that are actively engaged
in, and support the sale of interactive
advertising. IAB members are responsible for
selling over 86% of online advertising in the
United States. On behalf of its members, the IAB
evaluates and recommends standards and practices,
fields interactive effectiveness research and
educates the advertising industry regarding the
use of interactive advertising. For more
information, please visit www.iab.net.
2.
Advertisement generated by consumer- new idea.
AdKafe.com announces
first of its kind consumer generated advertisement service
to the advertising community. This service benefits both
the marketers and the designers. Marketers have direct
access to the creative minds in the world. Designers use
their innovative creativity to design ads for these
companies and get paid.
AdKafe.com is
pleased to announce its service at www.adkafe.com, which
offers an online platform for consumers to create
advertisement designs for marketers. This valuable service
brings the key players, ad seekers and ad designers, of
the global advertising community closer by utilizing the
collaborative power of the Internet.
The service allows companies/organizations seeking
advertisement designs to solicit designs directly from the
ad designers, who could also be the customers. These ad
seekers benefit on two fronts; first, they tap into the
online pool of world's top creative minds and, second,
they buy quality ad designs because they make purchase
decision only after reviewing the designs. For the ad
designers, the service offers a platform that gives them
access to the global audience and permits them to sell
designs at their own price.
3.
Sponsors and sponsoring ICC WORLD CUP 2007- LATEST
DATA
Speed hails “most
comprehensive and powerful international cricket
sponsorship opportunity in history”
Period includes 18 events
with two Cricket World Cups, at least three Champions
Trophy tournaments and inaugural Twenty20 World
Championships
The International Cricket
Council (ICC) has confirmed it is preparing to commence
the sponsorship sales process to events scheduled to take
place between the second half of 2007 and the ICC Cricket
World Cup in Australia and New Zealand in 2015.
The period includes 18
ICC tournaments with two ICC Cricket World Cups, in Asia
(2011) and Australasia (2015), and a minimum of three ICC
Champions Trophy tournaments.
Also included are the
first two ICC Twenty20 World Championships, in South
Africa (2007) and England (2009), the latter taking place
in the ICC’s centenary year.
The ICC intends to enter
negotiations with prospective sponsors with a view to
concluding agreements during the first half of 2007.
Chief Executive Officer
Malcolm Speed said: “The ICC’s Executive Board began
this process in April of last year when it confirmed the
venues for ICC events from the second half of 2007 to the
2015 ICC Cricket World Cup.
“With those events and
a broadcasting agreement to cover them in place, we are
now in a position to go to market to obtain the best
possible partners for cricket.
“The sale of these
sponsorships is of huge significance for cricket
throughout the world at all levels as, like the
broadcasting agreement already concluded, the revenue they
generate will play a pivotal role in sustaining and
growing the game.
“A great deal of
thought has gone into creating the sponsorship packages on
offer and we believe they are extremely comprehensive and
will deliver year-round value for our partners.
“For the first time the
ICC is able to offer one major event every year and the
quality and variety of those events and the fact they span
the globe mean they represent exceptional value for
sponsors.
“Our sponsors will have
an important role in promoting ICC events and programs,
bringing the game to a wider audience and creating new
opportunities and experiences for fans.
“With growing media
convergence and evolution likely over the next eight years
this sponsorship will engage fans via a variety of
platforms, including television, internet, mobile, radio,
print and at the venues themselves.
“Live telecasts will be
supported by an integrated promotion plan for major events
and for the sport. It all means that companies have
never had a bigger and more prestigious opportunity in
cricket,” he added.
The ICC has already sold
its broadcast rights for the period with ESPN STAR Sports
in December named as its Global Media and Production
Partner in an agreement significantly in excess of the
ICC’s previous commercial deal.
That agreement with
Global Cricket Corporation (GCC), which includes both
broadcast and sponsorship components, began in 2000 and
ends with the 2007 ICC Cricket World Cup in the West
Indies next March and April.
Mr Speed added: “This
sponsorship platform will enable our partners to reach
fans in places and in ways that were inconceivable in the
past and to do so with a truly global footprint.
“With the support of
the best possible and truly world-class broadcaster for
cricket in the shape of ESPN STAR Sports, we believe this
is the most comprehensive and powerful international
cricket sponsorship opportunity in history.
“We look forward to
taking discussions forward and to identifying the
companies that will help support and secure the future of
our great game,” added Mr Speed.
Further details and
updates of the sales process will be announced in due
course.
ICC Events 2007
– 2015
2007
Cricket World Cup March/April West Indies*
Twenty20 World
Championship
September
South Africa
2008
U/19 Cricket World Cup
February Malaysia
Champions Trophy September
Pakistan
2009
Women’s Cricket World Cup March Australia
ICC Trophy
April UAE
Twenty20 World Championship
June
England
* broadcast and
sponsorship rights for this event owned by Global Cricket
Corporation
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