»
'Jiggle TV' in syndication The hottest topic at the this week’s National Association of Television Program Executives conference was online syndication, with local television stations staying busy buying syndicated programs for their websites.
Local TV is being left out of online revenue growth, and local TV stations are struggling to catch up. Online syndication, in which stations purchase the rights to television shows and sell advertisements within the programs to local businesses, is one way to boost revenue. The business model is successful with television, but it is unclear yet whether it will work online, writes The New York Times.
Part of the reason the model is uncertain is that the online audience is not localized, so selling to local businesses may be an antiquated structure. And TV shows online have mostly appeared on network TV sites rather than the sites of local stations. Few stations have proven successful at luring visitors with original content beyond local sports scores and school closings.
Broadcast TV earned 9.3 percent of the $8.5 billion market for local online advertising last year; newspapers took in three times that amount.
Viewers of local television are often reminded to go online for weather and traffic updates, but they tend to go to newspaper websites. The success or failure of stations’ online ventures will ultimately depend on the promotional abilities of the station.
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…
