Hearst-Argyle has signed a deal with Google in which it will become the first television industry reseller of the Google AdWords advertising program.
Under the agreement, Hearst-Argyle, operator of 29 TV stations and more than 30 websites, will become an official reseller and will use its web sales force to provide marketers in its 26 local markets access to Google AdWords, the companies announced today.
“Our new collaboration will build on the trusted relationships that Hearst-Argyle has already established by selling local television and web advertising,” said Eric Stein, director of local markets at Google. “Now, local marketers will also have access to an additionally efficient and cost-effective way to reach customers on the internet and help drive their continued success online.”
Boston, MA-based research firm Yankee Group recently projected that local search and internet ad spending will grow from $1.9 billion this year to $9.3 billion in 2010. According to research by New York-based Access Markets International (AMI) Partners, Inc., more than 50 percent of U.S. small businesses believe they can use the internet for sales, marketing and customer support.
Today’s announcement represents an expansion of Hearst-Argyle’s relationship with Google. In June 2007, Hearst-Argyle became the first independent TV station group owner to establish a content- and revenue-sharing arrangement with YouTube. To date, Hearst-Argyle has launched 26 YouTube channels populated with news, weather, sports and entertainment videos as well as with original, local television programming and content from its recently launched social-networking site High School Playbook.
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