Articles of the Day
Posted in Internet, Digital Media & Software, News on March 23rd, 2007 by daveliuAdvertisers Responsive To NBC/News Corp.’s ‘Largest Ad Platform On Earth’ - Promising online reach and scale combined with premium programming, the unnamed NBC/News Corp. joint video-sharing venture quickly tapped into existing relationships to come up with a slate of blue-chip advertisers for yesterday’s launch announcement, including General Motors and Intel.
In A First, Yahoo Appoints VP To Fight Click Fraud - The man who used to represent Yahoo in its click-fraud litigation is now the advertiser’s advocate. In a first, Yahoo named Reggie Davis vice president of market quality, overseeing the fight against click fraud and the increase of transparency on Yahoo’s search listings marketplace.
Google King Of All Media? An OMMA Debate - Will Google take over every aspect of media as we know it–online, offline, mobile, out-of-home, in-store, and forms that haven’t yet emerged–or will it find an entirely new game? A panel of pundits debated the question earlier this week at OMMA Hollywood. (Bonus video coverage).
Competition In Online Travel Forces Site Upgrades - The fiercely competitive online travel bookings market is resulting in a flurry of “value-added” site upgrades–ranging from Zagat hotel reviews on Priceline to branded “TLC” (tender-loving care) on Orbitz.
Horan: IAC’s Local Sites To Be Tightly Integrated - Expect IAC sites like Citysearch, Ask.com, Evite and others to begin working more closely together, says Peter Horan, who joined the company as CEO of its Media and Advertising group last month. As the keynote speaker at the Kelsey conference, Horan sought to diagnose the problem of local search companies. The “nuclear explosion” of digital contenthas given branded search a greater competitive position because it can offer a greater series of actions connected to a search - such as a video preview of a restaurant or movie— with fewer clicks than most local sites offer.
Limelight Files for $201 million IPO - Limelight Networks Inc., a Tempe, Ariz.-based provider of a network for delivering live and on-demand digital media online, has filed for a $201.25 million IPO.
Starz Sues Disney Over Web Movie Distribution - Libery Media Holding Corp., the folks behind DirecTV and other satellite services, said it was suing The Walt Disney Corp. for allowing movie download services to sell titles the media giant licensed exclusively to its cable network, Starz Entertainment. Starz says that under a 2005 licensing agreement, Disney is barred from selling certain films over the Web, such as the blockbuster “Pirates of the Caribbean: Dead Man’s Chest,” for a certain amount of time, per an exclusivity clause in the 2005 contract. Since 1993, Starz has paid Disney more than $1 billion for such rights, according to the suit.
Microsoft Curbs Soapbox Sign-Ups Due To Piracy - Microsoft is closing the doors of its Soapbox video service to new users until it implements better safeguards to keep its users from uploading copyrighted materials. This means the establishment of content-filtering technology, now being built by Audible Magic, a service that’s also used by News Corp.’s online properties.
Don’t Count Out YouTube Just Yet - Google’s YouTube appears to be facing challenges on several fronts. Viacom filed a $1 billion lawsuit against the site, while NBC and News Corp entered into a joint venture designed to rival it. But not everyone thinks that the moves spell doom for the video-sharing site. Brokerage house Merrill Lynch this morning issued a report predicting that the media companies eventually will distribute on the Google-owned site.
Earnings: Ziff Davis 4Q Profits Rise 70 Percent - Crediting its digital businesses, Ziff Davis reported that 4Q earnings before taxes and interest rose 70 percent to $14.3 compared to $8.4 million for the same period a year ago. Earnings in the digital businesses alone gained 144 percent for the quarter. The company said that the closing of Sync and ExtremeTech magazines saved the company $5 million in production costs.
Study Touts Video Ads Over Image Ads - While it seems reasonable enough to assume that video ads are more effective than single image ones, DoubleClick has taken the trouble of attempting to quantify that view. In its analysis of more than 300 online video ad campaigns that were placed by more than 130 advertisers through last June to September, DoubleClick found that click rates are higher for video ads and that such ads are more likely to generate greater interaction. Still, the percentages do seem fairly low, suggesting that ultimately, neither form is all that appealing.
EA Buys 20 Percent Of Korean Online Game Maker Neowiz, For About $105 Million - Electronic Arts, the world’s biggest game publisher, has bought a stake in South Korea’s Neowiz for about $105 million and jointly develop games for Asian markets, reports Reuters. When the deal closes, EA will become Neowiz’s second biggest shareholder after the Korean firm’s CEO, with about 19 percent of common stock equivalent.
Take-Two Examines Possible Sale of Company - Take-Two Interactive Software, the video game publisher whose marketplace impact has been overshadowed by its corporate upheaval, said yesterday that it was weighing options including a possible sale of the company, prompting a surge in its stock price.
Ticketmaster Does Another Music Investment: Echomusic; Buys Majority - Ticketmaster, part of IAC, has made another major investment in an online music firm: it has bought a majority in Echomusic, an online fan club and brand management company based in Nashvillle, TN. This follows Ticketmaster’s $13.3 million investment in music community site iLike.com.