TV Week
CBS Television Stations inked a deal with American Express and its digital agency Digitas to run integrated on-air and online ads in six local TV markets. American Express will integrate its TV ad content with ads on the sites of CBS' local stations. The TV ads will also coordinate with ads on CBS' network of local blogs and community sites. The deal demonstrates how interested advertisers are in multiplatform buys, says Jonathan Leess, CBS executive. "Marketers are looking for more than just the Web, and we are bringing them back to TV and leveraging online with TV." …
BusinessWeek
An analysis by a trio of BusinessWeek reporters finds that Sam Zell should have seen the problems coming to the newspaper industry before he bought the Tribune Co. last year. They say Zell's blind side may cost the media company its life. Zell's "deal from hell" as he calls it, is his $8.5 billion purchase of the Tribune Co. in December 2007, "a transaction that's shaping up to be one of the most disastrous the media world has ever seen," say the reporters. Zell stumbled into a morass of plunging sales and rising costs. He miscalculated expectations of …
PBS
In one of the first examples of a news segment migrating from the Internet to a prime-time news program, a feature story about penguins produced for NBC News' Web site aired on the "Nightly News" this month. The penguin story is the first in a gathering wave of reports created originally for the Internet -- reported by a producer, not on-camera talent -- making it to the broadcast network, says Tom Peek, NBC executive producer. "It was one of those small events that may well mark a watershed toward a truly cross-platform world, with professionally produced …
Editor & Publisher
Yahoo has driven more than 100 million visits to its newspaper partners, it announced Wednesday. More than 775 newspapers provide news headlines to Yahoo sites with links that take users directly to the newspaper site. "It's like a fire hose blasting us with page views," says one newspaper editor. At the Dallas Morning News, for instance, some placements have accounted for up to 27% of the day's page views, and 65% of the day's unique visitors. Yahoo places the stories based on variables including user votes and search. Top stories are given primary placement on Yahoo's homepage. "Sharing our content …
Adweek
The first batch of data from TiVo's new commercial audience measurement service supports the view that people will skip fewer ads if they see the ads as relevant to their circumstances. The second-by-second service, called PowerWatch, covered May 2008, and it reveals that all demographic segments fast-forward through commercials at a high rate. For prime-time broadcast TV, 66% of the ads are skipped, and for all TV networks across all time periods, about half the ads are skipped. Skipping, however, is 15% to 37% reduced if the ad is relevant, such as toy ads in a home …
Folio
Reuters
Mediaweek
NBC Universal said Tuesday that it has sold almost all its Summer Olympics advertising inventory, with the first telecast 19 days away. The company has set an ad revenue target of more than $1 billion for the Games. Sales have picked up so strongly that "we will soon reach the point where we will hold back inventory to sell during the games," says NBC executive Seth Winter. Categories seeing strong advertiser interest recently are movies, consumer electronics, corporate imaging, telecommunications and retail. "Advertisers recognize the power of the Olympic brand and the opportunity to engage a mass …
The New York Times
Nickelodeon, the 29-year-old cable channel for children, is trying to produce programs that the first generation of "Nickelodeon parents" can watch with their youngsters. This week the Viacom unit is announcing the acquisition of an original program from Michael Eisner's production company, one of several new shows being developed by the network. The move mirrors that of many cable channels that have introduced flagship dramas recently to make their networks more distinct and appealing to advertisers. Nick's acquisition, "Glenn Martin D.D.S.," is an animated program about a dentist who takes his family on a cross-country adventure. …
Advertising Age
The Internet as a marketing medium has enhanced -- not diminished -- the value of TV advertising for marketers, according to David Poltrack, president of CBS' new research unit. His logic: The Internet has been show to be an efficient mechanism for turning interested, aware consumers into purchasers, but first those prospects must become aware, which is exactly what television advertising can do well. "If the Internet improves the process by which interested consumers are converted to purchasers, then the value of each aware or interested consumer is greater. No other medium can rival TV in developing awareness …