The Interactive Advertising Bureau (IAB) has released the its Internet Advertising Revenue Report covering the second quarter and the first six months of 2007. The report shows record growth:

Internet advertising revenues (U.S.) for the first six months of 2007 were nearly $10 billion, setting yet another new record and representing a nearly 27 percent increase over the first half of 2006. Internet advertising revenue totaled nearly $5.1 billion for the second quarter of 2007, exceeding the $5 billion mark for the first time in a quarter, a 25.4 percent increase over the same period in 2006.

A copy of the Internet Advertising Revenue Report is available at httpp://www.iab.net/pwc_half_year_2007 (PDF Link).