Here are highlights of recent quarterly earnings reports from selected Internet, media and advertising companies and what they say about the state of spending on advertising:

  • Triangle-based ChannelAdvisor reports record e-commerce sales over the holidays and for 2010.

Off the wires:

  • Jan. 20: Google Inc. says advertising revenue grew 26 percent to $8.2 billion in the fourth quarter. Advertising accounts for the bulk of Google’s revenue. After subtracting the commissions paid to Google’s advertising partners, the company’s revenue totaled $6.37 billion – about $300 million more than analysts anticipated.
  • Jan. 25: Yahoo Inc. says ad revenue fell 10 percent to nearly $1.3 billion in the fourth quarter. It’s a further sign that Yahoo is still struggling despite growth elsewhere in online advertising.
  • Jan. 27: Microsoft Corp. says online advertising revenue grew 23 percent in the latest quarter. It includes revenue generated through its search partnership with Yahoo. Nonetheless, Microsoft reported a wider loss in the online division, which is mostly made up of online advertising, because of costs related to the Yahoo deal and personnel.

Coming up:

  • Monday: Gannett Co.
  • Wednesday: Time Warner Inc., IAC/InterActiveCorp, AOL Inc., News Corp.
  • Thursday: Viacom Inc., New York Times Co.
  • Feb. 8: Walt Disney Co.
  • Feb. 16: Comcast Corp., CBS Corp.
  • Feb. 23: Washington Post Co.

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