SOURCE: Five Star Equities

Five Star Equities

February 10, 2012 08:20 ET

Online Spending Skyrockets -- Atrinsic and Sina Poised to Benefit

Five Star Equities Provides Equity Research on Atrinsic & Sina Corporation

NEW YORK, NY--(Marketwire - Feb 10, 2012) - Worldwide online advertising revenues continue to skyrocket as the worst of the recession fades and businesses begin to spend again. In the United States advertising revenues have hit new highs, reaching $7.88 billion in Q3 2011, representing a 2.7% increase from the previous peak in Q2 2011, according to the Internet Advertising Bureau (IAB) and PricewaterhouseCoopers (PwC US). "Even with a softened economy, digital advertising is making tremendous gains," says PwC US partner David Silverman. Five Star Equities examines investing opportunities in the Computer Services industry and provides equity research on Atrinsic Inc. (PINKSHEETS: ATRN) and Sina Corporation (NASDAQ: SINA). Access to the full company reports can be found at:

In China, a recent report from Beijing-based market research firm iResearch states that China's online advertising revenue exceeded newsprint advertising revenue for the first time ever, with more advertisers looking toward Web media platforms in areas such as search engines, along with e-commerce and video websites.

Chinese Internet advertising generated 51.19 billion yuan ($8.11 billion) in 2011, while newsprint advertising brought in 45.36 billion yuan, iResearch said, a trend it predicted would continue in 2012.

Five Star Equities releases regular market updates on the Computer Services industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

Shares of China's Sina Corporation took a hit earlier this week following a DigiCha report that the Chinese government will require real name registration for Sina Weibo as of March 16, causing new registrations to drop sizeably. Sina Corporation provides online media and mobile value-added services (MVAS) in China. It provides advertising, non-advertising, and free services through,, and SINA Mobile.

Atrinsic, Inc. operates as a direct to consumer Internet marketing company. The company sells entertainment and lifestyle subscription products direct to consumers through the Internet.

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