Times have changed, haven’t they?

Now:

Local ad spending will fall from $155 billion last year to $137 billion in 2011, predicted the Kelsey Group and BIA Advisory Services. Yet local online ad spending will increase from $14 billion to $23 billion during that time.

Then:

Advertising in newspapers (in the US, I presume) grew from $39M in 1880 to $150M in 1900.

From Kenneth Whyte’s book on William Randolph Hearst called The Uncrowned King: The Sensational Rise of William Randolph Hearst.

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