This 37% increase is not only a record but also hints at a permanent shift towards online advertising. It should dispel lingering doubts as to whether our industry is looking at a second dot-com bubble. Advertisers are plowing money in. Period.

It’s getting almost predictable, but there’s more reaffirming reports about the good health of Internet advertising. According to PricewaterhouseCoopers and the Interactive Advertising Bureau, the first six months of 2006 delivered tremendous growth in online ads with nearly $8 billion spent. This 37% increase is not only a record but also hints at a permanent shift towards online advertising. It should dispel lingering doubts as to whether our industry is looking at a second dot-com bubble. Advertisers are plowing money in. Period.