In order to make sense of the new landscape for brands and agencies created by the convergence of TV and Internet, Yahoo recently partnered with Ipsos OTX MediaCT, surveying DSL-connected households in the US. The study focused on gauging consumer usage of Internet-connected TV devices, as well as attitudes around advertising on Yahoo!’s Connected TV […]
Jason Kilar, the chief executive of Hulu has criticised their traditional television business model. In a blog Kilar said “traditional TV has too many ads” while Hulu’s advertising is “twice as effective as traditional TV video advertising”. Kilar continued “In the near to mid term, we anticipate being able to generate higher advertising returns than […]
Time Warner posted fourth-quarter earnings ahead of Wall expectations, aided by a recovering TV advertising market. The company said net income from continuing operations was $769 million up 26 per cent from a year earlier. Adjusted operating income rose 14 per cent to $1.4 billion. Sales rose 8 per cent to $7.8 billion. “In 2011, […]
Miniweb, the cloud-based video distribution platform for connected TVs, has signed an exclusive, international advertising sales agreement with smartclip – the online video advertising sales network. The deal will generate advertising revenues from Miniweb’s connected TV application, woomi. Advertisers will roll out campaigns across woomi over the next few months, supported by an already strong […]
Mobile ad network Velti has raised over $150 million in an initial public offering in the US. Stocks for the Irish-based company started trading on the Nasdaq and share prices rose 25 per cent. Velti reported total revenues of $38 million for the six months to June 30th 2010, representing a 170 per cent increase […]
AOL Europe, part of web services giant AOL, has acquired the video distribution network goviral in a $74.1 million deal. In addition, $22.6 million of consideration will be deferred and paid over two years following completion. goviral distributes branded video content across the Internet for brands, media agencies, creative agencies, and content producers. goviral is […]
The UK media buyer STRATA’s quarterly survey of major advertising firms found that for the first time since the survey began in 2008, over half of the respondents expressed an increase in business. The survey also discovered that digital advertising demand has decreased, with mobile advertising not yet living up to industry hype. Over the […]
Korean satellite and hybrid services operator SkyLife and digital security and convergent media solutions specialist the Kudelski Group have agreed to form a joint venture to develop Advanced Advertising solutions, enabling operators to offer and monetise addressable and interactive advertising. The pair say that this will enable TV advertising to become more relevant and interesting, […]
A new report from investment bankers Morgan Stanley says that TV advertising in Spain, which suffered badly during 2008-9, will again grow this year by about 10 per cent and achieve Europe’s strongest momentum. Elsewhere in Europe TV advertising will remain stagnant in France (around zero growth), an improving 2-5 per cent in the UK, […]
ITV can look forward to relief from its most onerous regulation after Jeremy Hunt, the culture secretary, said changes in government responsibility gave him power to reform or abolish it. After telling a London audience that he was unsympathetic to contract rights renewal – a limit on how much ITV can charge advertisers for its […]