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The Write News: Advertising News Category
Wall Street Journal to Sell Advertising on Front Page
The New York Times reports that the Wall Street Journal will start selling ads on the front page of its newspaper. The Times says the ads will be called a "jewel box." It is new for the Journal but as the Times explains, many newspapers have started selling ads on the sacred front page.
But a host of problems have plagued the industry in recent years, forcing publishers to reconsider ways in which to raise money, including giving more prominence to advertisers by tapping into areas of the paper that were once considered sacred. This month, The New York Times began selling advertisements on the front of its business section; the paper had already been selling ads on the front of the Metro section on Sundays.
The Wall Street Journal already sells ads on the front of some individual sections, including Marketplace and Money & Investing, and last year began selling ads on the front pages of its overseas editions.
In Britain, consumers are more accustomed to finding advertising on front pages of papers like The Daily Telegraph and The Financial Times (which is also distributed in the United States). USA Today, part of the Gannett Company, has run a strip ad along the bottom of its front page since 1999 and now most Gannett papers also run front-page ads.
“As a traditionalist, I’m not thrilled by the idea,” said Bob Steele, who specializes in ethics and values at the Poynter Institute, which studies journalism. Front pages, he said, should be reserved for what the collective community considers to be news.
Media planners told the Times that the Wall Street Journal's "jewel box" ads would cost $75,000 or higher.
Posted on July 31, 2006
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Internet Advertising Forecast to Surge
The Media Post reports that advertising industry forecaster Robert Coen is predicting a surge in Internet advertising. Coen expects a large 25% increase over 2005.
Coen, senior vice president and director of forecasting for Universal McCann, now predicts that Internet spending, excluding search, will surge to $9.705 billion this year, marking a 25 percent increase from 2005. In the first quarter alone, online ad spending grew more than 19 percent from last year, according to Coen. Last December, he projected that online ad spending for the year would total $8.669 billion, representing a growth rate of just 10 percent.
Coen routinely excludes search from his calculations of online ad dollars; the Interactive Advertising Bureau pegs search as representing about 41 percent of online ad revenues.
Some other forecasters have predicted that online ad spending, including search, will total around $20 billion this year. PQ Media Tuesday pegged this year's total online ad spend at $19.96 billion--a 26 percent surge from 2005; TNS Media Intelligence president-CEO Steven Fredericks also recently estimated that overall Web ad spending will amount to around $20 billion. eMarketer forecasts a slightly more conservative $16.7 billion online ad spend for this year.
People continue to spend more of their time online. They also use the Internet for more and more services including online shopping, billpaying, etc. It is only logical that the advertising would eventually follow people over to the Internet.
Posted on July 14, 2006
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Massive Delivers Ads Inside Games
Massive Incorporated, the creator of a video game advertising network,
announced that its network has completed the beta testing phase. Massive
said it will expand its ad serving capability into 40
titles from 10 top game publishers before year's end. Massive said
current advertisers include big brands like Coca-Cola, Comcast's G4,
Dunkin' Donuts, Intel, Paramount Pictures and Verison. Massive said the network allows advertisers to run real time, in-game campaigns to a
weekly audience estimated to reach several million gamers by the end of 2005.
Current titles in the Massive Network include Ubisoft's Splinter Cell Chaos
Theory and Funcom's Anarchy Online, as well as Mall Tycoon and Ski Resort.
Posted on April 19, 2005
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