$1 trillion will be spent on media in 2009

Veronis Suhler Stevenson says that per capita consumer spending for media will breach the $1,000-per-year mark for the first time in the US in 2009 as the communications industry marches along at a 6.7% annual growth rate, exceeding $1 trillion in 2008. In 2009 the average consumer will spend 10 hours per day with media, much of it DVDs and the Internet.