Filed under: ONLINE SERVICES/INTERACTIVE MEDIA | Tags: Advertising, DoubleClick, Google, Online advertising, Performics, Search engine marketing, Search Engines, Searching
ONLINE SERVICES/INTERACTIVE MEDIA
Google is reporting the biggest workforce reduction in its nine-year history, cutting 300 jobs at DoubleClick, the online advertising company it bought last month for $3.24 billion. Also: DoubleClick plans to sell off its search marketing arm, Performics, which employs 200 staffers. (Iwantmedia.com 4/3, http://www.bloomberg.com/apps/news?pid=20601204&sid=aHPI8hip9Zr8 4/2)
A major change Google made last month to its AdWords algorithm is resulting in a double whammy for some advertisers: The rates they are paying for ads are skyrocketing while conversion rates for those ads are dropping. Disgruntled advertisers dub the move the “Google slap.” (Iwantmedia.com 4/3, http://blog.wired.com/business/2008/04/march-google-sl.html 4/2)
Thirty-second commercials on YouTube perform just as well as ads on television, says a study commissioned by Google. Online ads are better at “communicating the brand.” (Iwantmedia.com 4/3, http://www.tvweek.com/news/2008/04/video_ads_as_effective_as_tv_a.php 4/2)
MySpace settled its copyright spat with Universal Music Group, clearing the way for Universal to join the social network’s planned online music shop, expected to launch in the coming days. The service is positioning itself to be a one-stop-shop for music fans, offering music streaming, MP3 downloads, concert tickets, ringtones and merchandise. Participating labels Universal, Warner Bros. Music and Sony-BMG will retain a small piece of the venture, as well as a revenue share of sales. (Cynopsis 4/3, http://www.latimes.com/business/la-fi-myspace3apr03,1,6270782.story 4/3)
Singer/songwriter Ingrid Michaelson of NYC distributed her music on MySpace before it appeared on an Old Navy commercial and Grey’s Anatomy.
Craigslist could “easily” rake in $100 million with a few minor changes to improve service, according to a report by research firm Classified Intelligence. The firm estimates Craigslist’s 2008 revenue will be about $81 million this year, a figure described as “amazing.” (Iwantmedia.com 4/3, http://clickz.com/showPage.html?page=3628994 4/3)
After Perez Hilton posted streams of songs by Britney Spears on his gossip site, Sony/BMG and its subsidiary Zomba filed a lawsuit against the blogger. In response, Perez says that Sony/BGM artists will no longer appear on his site: “Why should we help the company suing us make money????” (Iwantmedia.com 4/3, http://blog.wired.com/music/2008/04/perez-hilton-an.html 4/1)
NBC Digital Entertainment is preparing a bevy of new original online content to complement NBC’s new summer and fall line-up. Look for new original webisodes built around Heroes, Chuck, The Office and 30 Rock. Web original Fears, Secrets and Lies will be the division’s first user-driven interactive series, inviting users to submit their deepest, darkest secrets via video blogs which the hosts of the show and celebrity guests will play upon. New NBC shows will also feature plenty of digital extensions, including an interactive adventure game built around Crusoe and interactive mobile events synched to the live broadcast of XIII. Many of the new shows will be streamed in their entirety on NBC.com. (Cynopsis 4/3)
Don’t forget to check out the 8-minute catch up reel of Battlestar Galactica on SciFi.com before the final season begins on Sc Fi on Friday night at 10 pm ET. It’s inspired, of course, by the 7 minute Sopranos. (Cynopsis 4/3)
Battlestar Galactica Recap
Jessica Rose, no doubt lonely since her stint as LonelyGirl15 ended, landed another acting gig on a web thriller on the way from 60Frames called Blood Cell. It looks like what the Blair Witch Project might have been if David Cronenberg directed it. (Cynopsis 4/3)
The webisodes aren’t yet live but you can watch the trailer by clicking the image below. Looks fairly Ring-esque but interesting none the less. Would be interesting if they played with the cell storyline on the mobile platform as well.
As Al Gore’s Current Media gets ready for its IPO
, the cable channel is drawing more on its Website
audience for TV content. Today, it is launching Current News, a three-minute wrap-up culled from audience submissions on the Web that will play every hour on Current TV. (http://www.techcrunch.com/2008/04/02/current-news-an-even-easier-way-for-web-audiences-to-get-on-tv 4/2)
Check out the computerized female voice which narrates the user-submitted news stories creating these videos for all to watch. The robot voice is a bit creepy. Perhaps, use this video to scare your neighbors. I’m not sure how applicable this random assortment of news is but an innovative idea none the less.
DailyMotion is out to superserve cinema buffs with a new section of film-related content. Cinema Dailymotion features full-length indie films and documentaries, clips, interviews, trailers and related content from partners including Magnolia Pictures, IFC Films, Film Independent and Strand Releasing. (Cynopsis 4/3)
Comcast rolls out its first DOCSIS 3.0 “wideband” internet service this week in Minneapolis-St. Paul, offering download speeds of up to 50 Mbps and uploads of 5 Mbps. A wideband connection requires a fatter wallet, however. It’s priced at $150/month. Comcast is offering lesser speeds in the market for less: 8 Mbps down runs $53/mo. and 6 Mbps down goes for $43/mo. (Cynopsis 4/3, http://www.multichannel.com/index.asp?layout=article&articleid=CA6547304 4/2)
(Below) Yet another news aggregator site. YEAH!! At this point, we’ll need an aggregator site to aggregate the aggregators. [sigh] I know. I know. Pot. It’s kettle calling.
Former magazine editor Tina Brown is teaming up with InterActiveCorp chief Barry Diller to launch her own news aggregator Web site. The site will be edited by Edward Felsenthal, a former Wall Street Journal deputy managing editor. Brown promises the site will offer “a new take” on aggregation. (Iwantmedia.com 4/3, http://radaronline.com/exclusives/2008/04/tina-brown-to-partner-with-barry-diller-on-news-aggregation.php 4/2)
Streaming video and music delivered online, over IPTV network and via mobile handsets will generate $70 billion in revenue over the next six years, according to a new report from Insight Research. That’s a compound annual growth rate of over 28%. (Cynopsis 4/3)




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