Advertising

Report: U.S. Labels Concerned on Spotify Premium Conversions

Authored by Mark Hefflinger on November 19, 2009 - 12:02pm.
London - The major record labels are reportedly concerned about the percentage of U.S. users likely to pay for ad-supported streaming music service Spotify's for-pay premium version, the Financial Times reported. Spotify, which is available in several European countries, had planned to launch in the U.S. in the fall, but recently said it would delay the launch to 2010. "We think Spotify is a great service but they're going to have to convince us they can convert enough people from free to paid subscriptions to make it worth our while," one label executive told FT.

In-Game Video Ad Firm NeoEdge Merges With Offspring

Authored by Mark Hefflinger on November 19, 2009 - 10:22am.
Mountain View, Calif. - NeoEdge, a provider of in-game video ad insertion services, announced on Thursday that it will merge with Offspring, a developer of casual online games.

Adknowledge Buys Ad Network Unit of SocialMedia.com

Authored by Mark Hefflinger on November 19, 2009 - 9:59am.
Kansas City, Mo. - Adknowledge, a provider of behavioral online advertising services, announced on Thursday that it has acquired the advertising business of SocialMedia.com.

Universal Music Licenses Ad-Supported Download Site Guvera

Authored by Mark Hefflinger on November 18, 2009 - 1:21pm.
New York - Universal Music Group on Wednesday announced a deal to provide free, legal downloads to Guvera, an Australia-based, ad-supported download site that plans to launch in the U.S. in February. Launched in 2008, Guvera asks users to fill out demographic profiles and brand preferences, and in turn receive free downloads accompanied by targeted advertisements.

1020 Placecast Lands $5 Million for Location-based Marketing

Authored by Mark Hefflinger on November 18, 2009 - 9:41am.
San Francisco - Location-based ad network provider 1020 Placecast announced on Wednesday that it has raised $5 million in second round funding.

Cox, NBC Universal Trial Dynamic VOD Ads

Authored by Mark Hefflinger on November 17, 2009 - 12:27pm.
Atlanta - Cable TV provider Cox Communications and NBC Universal (NYSE: GE) on Tuesday announced a trial of dynamic advertising on Cox's video-on-demand service. The trial will see different ads rotated into on-demand prime-time programs including NBC's "The Office" and USA's "Monk." Up to four ads or promos will be served to viewers at the beginning, as well as within the program.

Social Network Application Developer RockYou Gets $50 Million

Authored by Mark Hefflinger on November 17, 2009 - 7:34am.
San Mateo, Calif. - RockYou, a developer of social network applications and advertising technology, has raised $50 million in its fourth round of venture capital financing from existing investor Softbank, TechCrunch reported.

Mobile Ad Firm Millennial Media Raises $16 Million

Authored by Mark Hefflinger on November 16, 2009 - 8:46am.
Baltimore - Millennial Media, a provider of mobile advertising technology and services, said on Monday that it has raised $16 million in its third round of funding, led by New Enterprise Associates (NEA).

Report: News Corp. to Block Google News "Within Months"

Authored by Mark Hefflinger on November 13, 2009 - 9:52am.
London - Days after News Corp. (NYSE: NWS) chairman Rupert Murdoch said he plans to block stories from his stable of newspapers from appearing in Google's news index, the company's chief digital officer, Jonathan Miller, echoed the position and said the move would come in "months and quarters -- not weeks," the Telegraph reported. "The traffic which comes in from Google brings a consumer who more often than not read one article and then leaves the site. That is the least valuable of traffic to us... the economic impact [of not having content indexed by Google] is not as great as you might think. You can survive without it," Miller said at the Monaco Media Forum, according to the Telegraph's coverage.

Microsoft's Massive, comScore to Study In-Game Ads

Authored by Mark Hefflinger on November 12, 2009 - 11:06am.
Redmond, Wash. - Microsoft's (NASD: MSFT) Massive in-game advertising network announced on Thursday that it has partnered with Internet audience measurement firm comScore, to measure the effectiveness of in-game ads. The companies will seek to find out the degree to which in-game ads motivate gamers to visit websites; conduct brand-related searches; and engage in other actions that had previously gone unmeasured. Preliminary research indicates that people exposed to in-game ads registered a 280% increase in visits to a TV channel's website, compared with those not exposed to the ads.

Spotify Delays U.S. Launch Until 2010, Cites Publisher Talks

Authored by Mark Hefflinger on November 12, 2009 - 9:48am.
London - Spotify, the ad-supported streaming music service currently available in parts of Europe, has postponed its planned U.S. launch until 2010 as it continues to negotiate agreements with thousands of U.S. music publishers, CEO Daniel Ek announced at the Monaco Media Forum, according to reports.

YouTube Experimenting with Skippable Pre-roll Ads

Authored by Mark Hefflinger on November 11, 2009 - 2:00pm.
San Bruno, Calif. - Google's (NASD: GOOG) YouTube has begun experimenting with skippable pre-roll ads before some videos, in a bid to increase ad value for advertisers while also giving users some input into the ads to which they're exposed.

AOL Reportedly Cuts 100 Jobs as Prelude to Mass Layoffs

Authored by Mark Hefflinger on November 10, 2009 - 9:30am.
New York - AOL was expected to cut about 100 jobs on Tuesday, in what several industry blogs are calling just a prelude to mass layoffs expected to occur once the company completes its spin out from parent Time Warner (NYSE: TWX) next month. The moves reportedly are part of CEO Tim Armstrong's "Project Everest" initiative, which aims to trim costs throughout the company.

Qtrax Delays Australia Launch; Seeks $50M in New Funding

Authored by Mark Hefflinger on November 10, 2009 - 8:27am.
New York - Qtrax, an ad-supported song download service, has missed its planned launch date for Australia, as it seeks to raise another $50 million in funding, the Financial Times reported.
tags: Deals | VC | Advertising | Music | Qtrax | CLSA |

AppNexus Raises $5 Million for Online Ad Platform

Authored by Mark Hefflinger on November 10, 2009 - 8:13am.
New York - AppNexus, the developer of a cloud-based online advertising platform, announced on Tuesday that it has raised a $5 million third round of funding, led by Kodiak Venture Partners.

News Corp. Mulls Google News Exit for WSJ, Other Papers

Authored by Mark Hefflinger on November 9, 2009 - 10:09am.
New York - News Corp. (NYSE: NWS) chairman Rupert Murdoch is considering blocking newspaper content from The Wall Street Journal and his company's other papers from appearing in Google's (NASD: GOOG) news index, The Guardian reported, citing an interview with Sky News Australia. Murdoch added that such a move wouldn't happen until his plan to begin charging users for access to more of News Corp.'s newspaper content online moves forward.

Google Acquires Mobile Ad Firm AdMob for $750 Million

Authored by Mark Hefflinger on November 9, 2009 - 8:30am.
Mountain View, Calif. - Google (NASD: GOOG) announced on Monday that it has signed a deal to acquire mobile display advertising provider AdMob, for $750 million in stock. Founded in 2006, San Mateo, Calif.-based AdMob offers advertisers self-service tools to target their mobile ads, and has developer mobile ad platforms for the iPhone and more recently, Google's own Android operating system for mobile phones.

Streaming Service Deezer Adds Premium Subscription Plans

Authored by Mark Hefflinger on November 5, 2009 - 1:27pm.
Paris - Deezer, a France-based, ad-supported streaming music service with 11 million members, on Thursday announced the launch of a new subscription-based offering. Deezer Premium, which will first be available in France before expanding to the rest of Europe, will provide ad-free streaming, mobile access, and the ability to download tracks and playlists. A $7.42 per month tier will provide higher-quality, ad-free streams, while a $14.85 per month tier will provide downloads and mobile access. Deezer recently raised $9.6 million in new financing.

tags: Advertising | Music | Deezer |

Drop in MySpace Traffic to Cut $100M Off Google Ad Deal

Authored by Mark Hefflinger on November 5, 2009 - 1:00pm.
New York - News Corp.'s (NYSE: NWS) MySpace may lose out on at least $100 million of the $900 million it was contracted to receive from a search advertising agreement with Google (NASD: GOOG), due to lackluster traffic to the website, the Financial Times reported.

Offerpal Names New CEO in Wake of "Scam" Allegations

Authored by Mark Hefflinger on November 5, 2009 - 11:46am.
Fremont, Calif. - Offerpal Media, a provider of monetization services for online game and social application developers, announced that it has replaced its CEO, after a controversy erupted over the past week concerning whether some of its practices qualify as "scams."