Online ad revenues in the US have set yet another peak after growing 17% year-over-year in Q3 to reach $12.4 billion. That outpaces the previous high of $12.1 billion set in Q4 2013; expect this current quarter to set yet another record when the figures come out in a few months, given the continued shift in marketing budgets from traditional to digital media. Source: IAB / PricewaterhouseCoopers (PwC)
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![Chart - US Online Ad Revenue US Online Ad Revenue, 2005-2014 [CHART]](https://trends.e-strategyblog.com/wp-content/uploads/2014/12/IABPwC-Q3-Online-Ad-Revenues-2005-2014-Dec2014.png)