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Local advertising will grow at a CAGR of 13% from 2007 to 2012, faster than will online advertising as a whole (which will grow 12%). Display and search advertising are leading the way, with CAGRs of 18% and 16%, respectively, during the next 5 years. Online local classified advertising, will grow at a CAGR of 10%.
* AOL Talks With Microsoft, Yahoo Heat Up
* Sony cutting price of PS3, adding video downloads
* FTC enforces do-not-call rules, fines cos. $95,000
* SK Telecom in talks to acquire Sprint
* New Kindle due in October
* Eastern Europe switching on to mobile TV
* Former Samsung chairman avoids prison
* Australia unveils online code of conduct
* A Crackdown on India's Cybercafés
n Wednesday's Radio show, Ken Rutkowski talked about AOL trying to find a buying in Yahoo or MSN, Sony cuts prices on PS3 and adds VOD, Sprint may be speaking Korean, FTC enforces the Do Not Call List, New Kindles coming from Amazon, Mobile TV penetration into Europe, South Koreans' view that tycoons are immune from jail, Code of Conduct coming from Australia and Why are Cybercafés closing in India?