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Focus Media Sells Stake In Online Ad Subsidiary Allyes To Silver Lake

Jul 30, 2010 6:26 PM

Three years after paying $225 million to buy online ad company Allyes, Chinese ad firm Focus Media is selling a majority stake in the company, which bills itself as China’s “largest online media service provider,” to PE firm Silver Lake. Silver Lake is paying $124 million to Focus Media (NSDQ:…

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Posted In: Advertising, Money, M&A & Venture Capital, Mergers & Acquisitions, Countries, Asia, China

If Mobile Is All About Search, Google Is Destroying The Competition

Jul 30, 2010 2:16 PM

Apple’s Steve Jobs somewhat famously said in April that people aren’t searching on their phone, but instead, are using apps. He reasoned, apps on the iPhone “get you into every corner of the internet…This is a new phenomenon that is occurring on the iPhone for the first time in history.”…

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Posted In: Advertising, Apps, Mobile, Search, Research & Metrics, Metrics, Research, Companies, Apple, iPhone, Google, Android

Earnings
Belo TV Station Website Revenue Rises

Jul 30, 2010 8:46 AM

A few days after its newspaper sibling A.H. Belo (NYSE: AHC) reported narrowing its losses, local broadcaster Belo Corp. (NYSE: BLC) posted some very healthy profits and revenue numbers. Among them was a 14 percent jump to $8.1 million in online revenues tied to its 20 TV station websites. The…

EPS* Rev. vs Q209 Net Inc. vs Q209
Belo Corp. Release Beat Analysts' Estimates Revenue Indicator 13% Net Income Indicator 91%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Advertising, Local, Media & Publishing, TV, Broadcast, Money, Earnings

Industry Moves
MySpace Sales Exec Courtin Returns To MTVN

Jul 29, 2010 4:05 PM

MTV has reorganized the heads of its Integrated Marketing Group with the return of MySpace (NSDQ: NWS) sales executive Angela Courtin to the Viacom (NYSE: VIA) company. Courtin will serve as SVP, MTV Integrated Marketing. In conjunction with the new hire, MTV also promoted Jeannie Scalzo to SVP, MTV Integrated…

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Posted In: Advertising, Industry Moves, Entertainment, Media & Publishing, TV, Cable & Telecom, Social Media, Companies, News Corp., Fox, Fox Interactive Media, MySpace, Viacom, MTV

Industry Moves
IPG Hyperlocal Unit Geomentum Taps Forrester’s Bradner As President

Jul 29, 2010 2:03 PM

Interpublic Group’s Mediabrands is building up its hyperlocal unit Geomentum by adding former Forrester analyst Lisa Bradner has its first president. She’ll head up account management and consulting, as the company expects to expand into client categories such as restaurant, retail, and banking. In addition, she’ll be working with Mediabrands…

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Posted In: Advertising, Local, Industry Moves, Marketing, geomentum, lisa bradner, mediabrands

Earnings
Meredith Interactive Revenues Continued To Surge In Q2

Jul 29, 2010 9:35 AM

While the magazine industry finally experienced a boost in Q2 in terms of largely positive ad pages, the comeback remains fairly weak, forcing publishers to try to figure out ways of using their brands to expand their marketing muscle. Meredith (NYSE: MDP) has been preparing for these changes for several…

EPS* Rev. vs Q209 Net Inc. vs Q209
Meredith Release Beat Analysts' Estimates Revenue Indicator 5.8% Net Income Indicator 120%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Advertising, Marketing, Media & Publishing, Magazines, Money, Earnings, meredith

Industry Moves
Ex-Publicis Exec David Kenny Joins Akamai As President

Jul 28, 2010 5:34 PM

A month after he announced his departure from his post at Publicis’ digital hub VivaKi, David Kenny, one of the key architects of the ad holding company’s interactive strategy, has decided to join content delivery manager Akamai (NSDQ: AKAM) as president. Kenny will run Akamai’s general business operations, including global…

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Posted In: Advertising, Industry Moves, Marketing, Media & Publishing, akamai, david kenny

News Corp.‘s IGN Launches A Gamer-Focused Social Network

Jul 28, 2010 2:25 PM

IGN, the News Corp.-owned video game site, is launching a gamer-focused social network called My IGN. On the social network, which launched in beta today, users can “follow” games in order to see the latest news about them in a Facebook-like news feed. They can also communicate with other My…

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Posted In: Advertising, Media & Publishing, Social Media, Community, Companies, News Corp., ign entertainment, my ign

IAC’s Diller: ‘I Was Wrong About Search Competition’

Jul 28, 2010 11:42 AM

Despite the big push that Ask.com’s latest relaunch got this week, parent company IAC (NSDQ: IACI) doesn’t expect it to set the world on fire. During the company’s Q2 conference call, analysts had a lot of questions about the IAC search vehicle, which is now emphasizing direct questions and answers…

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Posted In: Advertising, Local, Marketing, Search, Companies, IAC, barry diller

Industry Moves
After Two Years, WPP’s 24/7 Puts David Moore Back In The CEO Seat

Jul 28, 2010 10:39 AM

It was exactly two years ago today that David Moore stepped aside as CEO of WPP Group interactive shop 24/7 RealMedia to take on the more general advisory role within the unit. Now, his successor, Jonathan Hsu is leaving 24/7 RealMedia after 10 years to become the head of RecycleBank,…

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Posted In: Advertising, Industry Moves, Companies, WPP, 247 realmedia, david moore, jonathan hsu

Earnings
MSLO Online Revs Rise 12 Percent

Jul 28, 2010 9:17 AM

Online revenues for Martha Stewart Living Omnimedia (NYSE: MSO) benefited from the ad recovery in Q2, a period in which the company ramped up its focus on mobile. Overall, however, revenues declined slightly though the company was able to narrow its net loss considerably, to $803,000 from $6.1 million in…

EPS* Rev. vs Q209 Net Inc. vs Q209
MSLO Release Beat Analysts' Estimates Revenue Indicator 3% Net Income Indicator 86.9%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Advertising, E-Commerce, Marketing, Media & Publishing, Magazines, TV, Broadcast, Cable & Telecom, Money, Earnings, mslo

Earnings
Comcast’s Burke: ‘With NBC, Our Ad Business Will Be Worth $10 Billion’

Jul 28, 2010 8:30 AM

Comcast (NSDQ: CMCSA) execs said the company posted double-digit growth in auto, health care and retail advertising in Q2. As the fall elections approach, political is also expected to be a big revenue driver for its ad business this year. But for the moment, advertising is a small part of…

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Posted In: Advertising, Media & Publishing, TV, Cable & Telecom, Money, Earnings, Companies, Comcast

Earnings
Search And Dating Dollars Help Boost IAC Revs

Jul 28, 2010 7:44 AM

Maybe IAC (NSDQ: IACI) isn’t so crazy to think that its Ask.com search business can compete in a Google (NSDQ: GOOG) world. Higher search ad dollars as well as help from dating site Match.com helped send revenues higher in Q2 for the company. Profits were impacted negatively by the sale…

EPS* Rev. vs Q209 Net Inc. vs Q209
IAC Release Beat Analysts' Estimates Revenue Indicator 19% Net Income Indicator 67%
* vs. Analysts' Estimates: Beat Analysts' Estimates Beat Met Analysts' Estimates Met Missed Analysts' Estimates Missed
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Posted In: Advertising, Marketing, Money, Earnings, Social Media, Companies, IAC

The Morning Lowdown 07.28.10

Jul 28, 2010 7:30 AM

»  Steve McPherson has resigned as president of ABC (NYSE: DIS) Entertainment Group to concentrate on his wine business and a “new media venture”; he’s being replaced by Paul Lee, who is promoted from ABC Family. [Deadline Hollywood] »  Just as the ink dries on Disney’s Playdom acquisition, Google (NSDQ:…

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Posted In: Advertising, Entertainment, Gaming, Marketing, Media & Publishing, Newspapers, TV, Broadcast, Social Media, Video, Companies, Disney, ABC, Google, TheStreet.com, Washington Post

360i: Only 12 Percent Of Consumers’ Tweets Mention Brands

Jul 27, 2010 9:40 AM

Marketers still don’t get Twitter, a report from interactive shop 360i shows. Not only are advertisers hardly being mentioned by Twitter users, but the categories of those brands who do prompt discussions on the microblogging service are fairly limited to social nets, entertainment and technology companies.

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Posted In: Advertising, Marketing, Research & Metrics, Research, Social Media

The Morning Lowdown 07.27.10

Jul 27, 2010 7:30 AM

»  What does it mean that Wikileaks is the world’s first stateless news organization? [Pressthink, CJR] »  Gawker’s Nick Denton is getting profiled in The New Yorker. [Village Voice] »  A bankruptcy investigator finds that The Tribune Company may be too weak to survive, creating another hurdle to the publisher’s…

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Posted In: Advertising, Marketing, Media & Publishing, Money, Bankruptcy, Social Media

Ask.com Searches For A More Human Touch With Latest Relaunch

Jul 27, 2010 12:01 AM

IAC’s search site Ask.com has tried numerous incarnations to capture some of the traffic and advertising gold possessed by Google (NSDQ: GOOG). Last year, it tried coupons. Before that, it promised more relevance, more engagement and less clicks. This time, it’s going back to its “Ask Jeeves” roots, with answers…

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Posted In: Advertising, Marketing, Search, Social Media, Companies, IAC, ask.com, doug leeds

BuzzLogic Raises $8.8 Million Second Round; Adds Custom Rich Media Unit

Jul 27, 2010 12:00 AM

Online conversational marketing tracker BuzzLogic has raised an $8.8 million second round. The funding, from returning backers, comes a month after BuzzLogic CEO Rob Crumpler stepped down from the post. Crumpler had been with San Francisco company since it started years ago and left to pursue “other startup opportunities.” In…

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Posted In: Advertising, Marketing, Money, M&A & Venture Capital, Venture Capital, ackerley partners, adams capital management, buzzlogic

Clear Channel’s Free Apps Are A Money-Maker

Jul 26, 2010 8:02 PM

Among the eight million people who have downloaded Clear Channel’s free mobile applications, the average user spends 3.5 hours listening to the streaming radio service and visits an average of four stations a week. All of that adds up to profitability for the media conglomerate’s mobile business, demonstrating that for…

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Posted In: Advertising, Apps, Mobile, Companies, Apple, iPhone, Google, Android, RIM, BlackBerry, clear channel

Eyeblaster’s IPO Gets Smaller

Jul 26, 2010 12:30 PM

Eyeblaster, which filed to raise up to $115 million in an IPO in March, now says it expects to raise at most three-quarters of that amount. The company, which helps ad agencies manage their digital ad campaigns, says in an SEC filing that it plans to raise up to $92…

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Posted In: Advertising, Money, IPO

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