Digital Media is growing very fast…
Facts:
- – Digital platforms of newspapers are growing at a double-digit rate worldwide
- – Digital and mobile advertising revenues are expected to increase 12-fold from 2002 to 2011
- – Digital and mobile advertising revenues in 2011 are expected to be around $150 billion worldwide
- – Wireless device subscriptions will increase threefold to 3.4 billion in 2011 (again, from 2002 numbers)
- – The number of homes with broadband will likely rise 10-fold in that span as well
- – Some countries will use the Internet as the primary source of news and information in as few as five years
- – As a result of the above point, newspapers will continue to lose readership
[via Venturebeat]