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Media Buyers who purchase network ad inventory on a cost-per-performance basis could be paying more than once for the same customer, MediaPost reports. A study by aQuantive’s Atlas of 10 campaigns, involving 49.4 million impressions, that ran last October and November found that different ad networks frequently take the credit for the same customer who converts.
If a customer sees two different ads, served by different ad networks, and then purchases the product advertised within, say, 24 hours of viewing the ads, each network claims responsibility for that conversion.
The study found an average duplication rate of 170 percent, with rates per campaign ranging from 26 percent to 379 percent. Atlas calculated the potential overpayment per campaign as $255,000, with a range from $15,000 to almost $1 million dollars.
Broadcasting company Radio One has struck a deal to sell ads on hip-hop news site AllHipHop.com.
The agreement spans five years and gives Interactive One, Radio One’s digital division, exclusive access to AllHipHop’s ad inventory, writes MarketingVox. AllHipHop boasts five million…
Tribune Co.’s sale of Newsday to Cablevision allows Tribune and its new chairman, Sam Zell, to put $600 million in expected cash proceeds toward its roughly $13 billion debt. This buys Tribune Co. more time to implement plans to turn…
Apple’s new model of the iPhone, which will provide 3G access and faster data connection speeds, is imminent, if the shortage of the current model means anything.
Apple’s website announced yesterday that the company is out of stock on previous…
NBC’s unusual upfront garnered mixed reviews from the media crowd; some blamed the network for using the new format to draw attention away from a weak programming slate, while others liked the innovative format.
Yesterday’s upfront event drew advertisers through…
Sirius losses shrunk in the first quarter, while XM’s losses widened, the companies announced yesterday, in what they hope will be their last quarterly financial reports as stand-alone companies.
Sirius’s loss of $104 million was an improvement over last year’s…
Budget Travel magazine is allowing readers to frolic through its pages in a whole new way: nearly all of the text and photography of the June issue was generated by readers.
The magazine pulled in 2,800 pitches, for a final…
