There has been a lot of talk about the online advertising industry being in trouble because of the economy, yet we continue to see example after example of the contrary. The latest example is highlighted by VentureBeat, and concerns ad network Glam Media, which despite making job cuts earlier in the year, is still seeing growth in advertising:

At Social Media Systems we’ve been discussing how to build out a healthy blogroll, both to aid our visitors, provide valuable content, and to enhance our social media marketing campaigns.

Internet advertising revenues in the U.S. totaled $16.9 billion in 2006 setting a new record and surpassing the 2005 record by 35 percent according to the Internet Advertising Bureau (IAB) and PricewaterhouseCoopers.

 In the fourth quarter of 2006 internet advertising revenues hit $4.8 billion, setting a revenues record for a single quarter.

Internet advertising is a big business in the UK, and according to a new report, it’s reached record proportions.  Over 2 billion pounds – that’s about $3.95 billion – was spent in 2006, which represents a 41% increase over the previous year’s figures.  Even more important is the fact that only $3.73 billion was spent on newspaper advertising.

The biggest quarter ever for Internet advertising revenue meant companies raked in $4.2 billion for the third quarter of 2006, up by a third from the same period in 2005.

Yahoo’s CEO Terry Semel told the Engage 2006 conference in London that estimates of the Internet advertising market do not account for the impact of ads outside of a PC.

The first half of 2006 was a record-breaker in terms of online advertising money, according to a report from the Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers (PwC).