If you’ve ever listened to Time Warner chief executive Jeffrey Bewkes speak, you’ll be used to his breezy, languid style. But he sounded even more so than usual on Friday at a conference in Washington D.C. when asked about the big media story of the year so far: Comcast’s bid to take control of NBC Universal.
News about the media industry:
Google Makes a Case That It Isn’t So Big (NYT)
“Google has begun this public-relations offensive because it is in the midst of a treacherous rite of passage for powerful technology companies — regulators are intensely scrutinizing its every move, as they once did with AT&T, I.B.M., Intel and Microsoft,” writes Miguel Helft.
> Graphic about Google share of all ads and online ads (Lost Remote)
Here is a selection of the day’s stories about the media industry:
“Digital video recorders that allow viewers to skip through commercials have knocked confidence in broadcast and cable advertising while younger, tech-savvy audiences are deserting their TV sets to spend more time online,” writes the Financial Times.
The World Wide Web has never had it, because there was no ordinary way for advertisers to know where someone was sitting as they surfed. That has made it impossible for the local hardware store to advertise to its neighborhood, or for national advertisers to target their ads geographically. It has also meant that cities did not have the means to warn residents surfing the web of a broken water main, an approaching storm, a forest fire, or a flash flood. That may be about to change.
Nobody likes to be wrong, including the people who run media companies. That’s why you haven’t heard them say things like, “We think the advertising market is recovering!” At a time when every day might bring a fresh descent into financial hell as financial companies and automakers totter, media companies reeling from ad revenue declines are hesitant to say that they’ve hit a bottom.
How do you sell TV advertising in this environment? If you’re Scripps Networks, you trumpet the product integration available in your make-over and do-it-yourself programs. You also make no bones about how difficult things are for advertisers and consumers.
Looking to expand its options for video content, Verizon has quietly started to emulate DVD video technology in its FiOS television system. This means that its on-demand video offerings will eventually include interactive options such as extra chapters, subtitles or files with information about the actors in a show, just like movie DVDs have offered for years.
There is no better way to learn about the art of product placement than to learn from the masters. Today, that means Microsoft Corp and the Bill and Melinda Gates Foundation, both of which were the subject of articles about how they’re delivering their messages like little pills wrapped in the sugar coating of the entertainment you consume.