DOUBLECLICK NETWORK RANKS #3rd BEHIND AOL AND YAHOO Media Metrix Adds Internet Networks to Standard Reports
New York, NY: June 30, 1998 - The DoubleClick Network has the third largest audience reach on the Internet behind AOL and Yahoo, according to Media Metrix.* Media Metrix is now including the DoubleClick Network and other Web-based networks as part of its standard reports beginning next month.
The DoubleClick Network includes more than 170 high-traffic sites around the world and currently serves an estimated 1.5 billion ads each month to 35 million people. In the last several months, several highly-trafficked Web sites have been added to the DoubleClick Network, including: The Food Network, Animal House, Web MD, Northern Light, MTV Europe and Major League Baseball.
“With our global expansion and the continual addition of top-ranked sites, the DoubleClick Network gives advertisers the best of both -- extensive reach and great diverse content. We are delighted that we are now ranked third in audience reach behind AOL and Yahoo," said Wenda Harris Millard, Executive Vice President, Marketing & Sales, DoubleClick, Inc.
"DoubleClick's pioneering work in new media parallels the pioneering work of Media Metrix. Ad sales networks have become increasingly important to the Web and to the advertising community. We look forward to expanding new reporting of this important industry segment,” said Doug McFarland, Senior Vice President, General Manager, Media Metrix, Inc.
In addition to Media Metrix, other Internet research supports the growing reach of the network-based model. Forrester predicts that online ad dollars will shift from portals to content sites in the next couple of years. Today, portals garner 59% of Internet advertising dollars; Forrester expects this to drop to 30% by 2002.
“Similar to what happens in television, media buyers are shifting their online ad spending to network-based buys,” said Millard. “With the extensive reach of the DoubleClick Network and a 144% revenue growth from first quarter 1997 to first quarter 1998, we are well positioned to benefit from this trend.”
Media Metrix April 1998 Reach, Top Domains
Total Domains Reach % |