Internet ads revenue reached $3.9 bln in Q1 2006

The Interactive Advertising Bureau (IAB) and PricewaterhouseCoopers (PwC) announced that Internet advertising revenues reached a new record of $3.9 bln for Q1 2006. The quarter revenues represent a 38% increase over Q1 2005 at $2.8 bln and a 6% increase over Q4 2005 total at $3.6 bln.