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Broadband Video Upfront to Reach $500MM, Maybe $1B

The broadband video advertising upfront has grown from about a $30 million market three years ago to at least a $500 million and possibly a $1 billion market this year - the size of a major broadcast network TV daypart akin to late night, early morning or early evening news, writes MediaPost (via MarketingVox).

“It will be a $500 million marketplace over the next 12 months for traditional video, 15- and 30-second commercial advertising being either integrated into in-stream environments or in engaged ad units that can support video,” according to Adam Gerber, VP of ad products and strategy at broadband video developer Brightcove.

According to president-CEO of Broadband Enterprises Matt Wasserlauf, however, “inventory exists today to support a billion dollar business. There could be a billion dollar industry in pre-roll 15- and 30-second commercials.”

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Comcast Unveils ‘Lightsaber’ Guide to Young Men

Comcast is hoping to enlighten media buyers on the ways of young men ages 18-34 with its new “field guide,” titled Hunting with Lightsabers, that has been in the works for a year and is now available.

The guide provides…

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‘Chicago Tribune’ Loses Stand-Alone Book Review

One of the few remaining tabloid book review sections in the country’s newspapers bought the farm this weekend.

The Chicago Tribune, which last year moved its stand-alone book review tabloid from Sunday to Saturday, has killed the section altogether, replacing…

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Financial Institutions to Educate Consumers with ‘Money Bus’

A “Money Bus” took off to begin its tour of the country this week. The bus - part of a campaign by Kiplinger’s Personal Finance, the National Association of Personal Financial Advisors (NAPFA) Consumer Education Foundation, and TD Ameritrade Institutional…

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