Business

Exclusives

Special Reports

  • Daily Deals: Local media companies are turning to white-label platform providers so that they can build their own brand in the marketplace and potentially make more money.
  • State of the Industry 2010: Everybody wants Local Online Advertising these days, but the leading analysts don't see eye to eye on how big the market is.
  • Local Mobile Ads 2010: Traditional media of all stripes call mobile a "must" for their future, and are trying a wide range of strategies to move there
  • Marketplaces 2010: Finding strategies for local mobile, search and deals.

Industry Calendar

February 2012
Mo
We
27-29
March 2012
Tu
Th
13-15
American Cable Association
ACA’s 19th Annual Summit
Washington, D.C., DC
April 2012
Fr
13
National Association of Broadcasters
NABShow
Las Vegas, NV
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Commentary: Facebook IPO
Social Web Is The New King
All Things Digital, Feb 3, 2012, 3:12 PM EST
Michael Jones, CEO of tech studio Science: "Now that Facebook has gone public, I think we can call the era of Web 2.0 over. The Social Web is taking its rightful place as the new King." Link | Add comment
Advertisers' Free Ride May End On Facebook
The Wall Street Journal, Feb 3, 2012, 3:01 PM EST
For years, many advertisers simply set up shop for free on Facebook, displaying their brands to users who "liked" them. But the social network wants advertisers to stop relying on free marketing and start spending on ads. Link | Add comment
Shirky: Paywalls Will Live On Core Audience
NPR, Feb 3, 2012, 12:05 PM EST
Clay Shirky: "In fact, what [The New York Times, Minneapolis Star-Tribune and Chicago Sun Times] are doing, and I think an increasing number of papers are copying them, is saying we will never get a majority or even a sizable minority of our readers to pay us directly, but we can design a system in which some of our most passionate, engaged readers pay us directly, and the rest of the readers, the casual readers, we can keep around for the advertising revenue." Listen to the full interview here .   Link | Add comment
Viacom Content Deal Expected To Be With Amazon
The Hollywood Reporter, Feb 3, 2012, 8:51 AM EST
307 Sports Domains Siezed Ahead Of Super Bowl
Wired, Feb 3, 2012, 8:44 AM EST
Nonprofits Bay Citizen, CIR In Merger Talks
The Wall Street Journal, Feb 3, 2012, 7:45 AM EST
San Francisco-based nonprofit news site The Bay Citizen is in the early stages of merger talks with another nonprofit news organization, the Center for Investigative Reporting, according to a report in The Wall Street Journal. Link | Add comment
NY Times: Search For CEO Still In Early Stages
Capital New York, Feb 3, 2012, 7:31 AM EST
Commentary: Facebook IPO
Does Facebook Have A Local Future?
BIA/Kelsey, Feb 3, 2012, 7:20 AM EST
Jed Williams: "Facebook has never shown the propensity to build a sales force of the mass and scope necessary to exhaustively address local markets and SMBs. Even its deals play was an aggregated approach through partners. However, it does collect much of its advertising revenues from small and mid-market businesses that self-serve on the platform." Link | Add comment
Amazon Buys TeachStreet; Adds To Amazon Local
BIA/Kelsey, Feb 2, 2012, 3:36 PM EST
Commentary
Are Investors Choosing JRC Over PMN?
Poynter, Feb 2, 2012, 3:24 PM EST
Philadelphia Media Network and its two city dailies have been put on the auction block by owner Alden Global Capital. Is the private equity firm choosing the Journal Register Co., which it bought last summer, over the struggling Philadelphia dailies? Link | Add comment
Quarterly Report
NYTCo. Digital Ad Rev Down In Q4
NetNewsCheck, Feb 2, 2012, 3:04 PM EST
Digital advertising revenue across The New York Times Co.’s digital properties — primarily NYTimes.com, BostonGlobe.com, Boston.com, About.com — fell 4.9% to $95.7 million from $100.6 million. The company also reported a total of 406,000 paid subscribers for its digital subscription packages. Full Story | Add comment
Google Mobile Search Ads Doubled In 2011
TechCrunch, Feb 2, 2012, 12:40 PM EST
In December 2011, mobile search ad request volume for the Internet giant was more than twice as high as it was in December 2010, according to Surojit Chatterjee, Google’s lead product manager for mobile search ads. Link | Add comment
Study: Local Online Ad Outlook Strong
Street Fight, Feb 2, 2012, 12:40 PM EST
Marketers are becoming bullish about their current and future investment in local advertising, particularly in local online media, according to a study released earlier this week by GMSLocal. Link | Add comment
Yellow Media To Close Canpages Division
BIA/Kelsey, Feb 2, 2012, 8:41 AM EST
Netflix, WashPo Bought $8M In Facebook Ads
The Wall Street Journal, Feb 2, 2012, 8:28 AM EST
The Washington Post last year bought $4.2 million in Facebook advertising — and $9.6 million over the past three years — and Netflix purchased $3.8 million in ads on the social network in 2011. Link | Add comment
Facebook Files For A $5B IPO
Associated Press, Feb 2, 2012, 8:17 AM EST
The Menlo Park, Calif.-based social network on Wednesday filed with the Securities and Exchange Commission for an initial public stock offering that could value the company at up to $100 billion. The company hopes to list its stock under the ticker symbol, "FB," on the NYSE or Nasdaq. Full Story | Add comment
Digital DMAs
Digital Splits Spur Creativity In San Antonio
NetNewsCheck, Feb 1, 2012, 5:04 PM EST
Break-ups in the Web partnerships of some of the Alamo City's traditional media players have produced three of San Antonio’s top digital outlets. The splits have also sparked some creative social and mobile efforts around San Antonio's music scene and beloved Spurs basketball team. Full Story | Add comment
NAA: Newspaper Sites See Traffic Rise In Q4
NetNewsCheck, Feb 1, 2012, 3:28 PM EST
Unique visitors to newspaper sites increased nearly 6% during the fourth quarter, with nearly 63% of Internet users visiting newspaper sites, according to Newspaper Association of America analysis of comScore data. Full Story | Add comment
YouTube Mulls Subscription Service
NewTeeVee, Feb 1, 2012, 11:42 AM EST
YouTube CEO Salar Kamangar said his company could potentially create a service that could enable content providers to create their own subscription-based video offerings on the YouTube platform. Link | Add comment
AOL CEO: Some Patches Were Profitable
Forbes, Feb 1, 2012, 11:09 AM EST
AOL CEO Tim Armstrong said that some of the company's hyperlocal Patch sites did turn a profit in 2011: "We don't have a massive number of patches on a run-rate profitability, and some of them have bounced in and bounced out." Link | Add comment
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Classifieds

The Market

Symbol Last Change (%)
Nasdaq 2905.66 +45.98 (+1.61%)
NYSE 8060.43 +115.00 (+1.45%)
S&P 500 1344.90 +19.36 (+1.46%)
Updated 02/04 9:35p ET Quotes delayed at least 20 mins.
Source: Financial Content
Opinions
Features
Ideas
  • For Future Of News, Killer App Is Credibility

    Robert Hernandez, an assistant professor of professional practice in journalism at USC Annenberg: "With technology empowering everyone with the ability to create and to distribute, I predict — and wish — that in 2012 the new dominating factor will be Credibility. Actually, earned Credibility."

  • Layoffs, Cutbacks Lead To News Deserts

    Tom Stites: "Desertification is on the march, claiming more and more communities as newspapers continue to wither and few Web efforts manage to replace more than a fraction of the original reporting that newspapers have abandoned."

  • Moneyball: Fixing Newspaper Web Sales

    Mel Taylor: "Today's Newspaper industry is like that once great, but now struggling baseball team playing on a new, hyper-competitive field called the Internet. The veteran print team is stuck in a rut using the same, tired strategy that did serve them well for years, but no longer. Today, they get trounced by those with more money and muscle."

  • You Should Only Work This Hard If You Own The Business

    Howard Owens, digital media pioneer and author of HowardOwens.com, writes on Patch editors: "But here’s the thing about the work load for Patch editors: They’re not owners. They are expected to do all of the things they would have to do if they owned their own web sites, but merely in service of building wealth for AOL shareholders. Sure, work hard and keep your job is a nice benefit, and as a former corporate employee I think employees have an ethical obligation to help build shareholder value. That’s what they’re paid to do. ... However, if what we’re hearing is true about the Patch workload, I can only ask: Why are you doing it?"

  • The Metric For Missed Expectations

    Matthew Shanahan: "Here’s the problem: [Click-through rates don't] take into account audience engagement, not to mention the fact that other advertisers are competing for the click-through on the same page."

  • Debate Over Naming Commenters Rages On

    Eric Pfanner on real-name commenting policies: "The complications are enormous. Even self-contained Internet services like Facebook have had difficulty enforcing 'real name' systems. To achieve this on the borderless Internet would be impossible."

  • Communities Lose Out When Papers Close

    Author Ken Doctor on MediaNews Group's decision to consolidate its Bay Area newspapers: "It isn’t simply the sad loss of middle-class journalism jobs, as lamentable as that is, just as so many other good jobs that have disappeared in recent years. It’s a community loss, and points to the wider impact of news cuts on the society in which we live. That’s often forgotten as we focus too narrow on industry loss."

  • Why AOL Should Double Down On Patch

    Maxwell Wessel, member of Harvard Business School think tank Forum for Growth, on AOL's Patch: "Patch is AOL's last, best chance to build a growth engine. Investors shouldn't be calling for AOL to back off the business. They should be calling for AOL to double down ... by increasing commitment."

  • News Orgs Should Use Innovation As A Tool

    Frédéric Filloux: "News organizations ... should view innovation as their main weapon against direct competitors and emerging players such as tech startups."

  • View More Opinion & Commentary

     

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