The Silicon Alley insider is reporting  

US advertising revenue at 4 big online media companies–Google, Yahoo, AOL, and MSN- grew by $1.3 billion in Q2, or 42%.

While

US advertising revenue at 15 big television, newspaper, magazine, radio, and outdoor companies (Time Warner, Viacom, CBS, News Corp., CBS Radio, Citadel, Disney, Entercom, Clear Channel, Clear Channel Outdoor, Time Inc., New York Times Company, McClatchy, Dow Jones, and Gannett) shrank by $280 million in Q2, or 3%.

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