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US spending on online and mobile advertising rose to $29.94 billion in 2007, according to PQ Media's "Alternative Media Forecast: 2008-2012" report.
The company included 18 digital and non-traditional media segments in its definition of alternative media.
PQ Media put new media ad spending at 16.1% of total US advertising spending in 2007, up from 7.9% in 2002.
“By 2012, we anticipate one out of every four dollars spent on advertising and marketing will be earmarked for alternative media,” said Patrick Quinn, CEO of PQ Media.