That combination of circumstances has left most organizations with healthy advertising growth.

Investors seemed to like what they saw in advertising growth for the quarter.

It was a result of stronger advertising growth, especially in the entertainment sector.

For example, he noted that the European countries showing the greatest advertising growth are those with the least governmental controls over the media.

Net income rose fourfold, to $4 million, because of advertising growth at its television and radio stations.

Industry margins are being threatened by slow advertising growth.

Most experts expect worldwide advertising growth of only 6 percent this year, down from nearly 8 percent in 1988.

"The advertising growth on the Web has been just spectacular the last few years," he said.

This year's advertising growth is also expected to be strong, and newspaper companies are reporting improved earnings.

"We continue to benefit from very strong double-digit advertising growth at our digital operations, particularly About.com," she said.