More than any other company, Google has built itself into an Internet powerhouse with the help of tens of thousands of advertisers like Singer. About 95 percent of Google's $962 million in sales in 2003 came from advertising, and it has been the key driver behind the Mountain View company's phenomenal growth over the past three years.
Richard Goldstein, an executive editor who joined The Voice in 1966, was laid off last Monday in an ongoing restructuring that has seen the departure of at least a half-dozen editorial staffers, reports The New York Times. (Goldstein says he was fired, not laid off.) Publisher Judy Miszner tells the Times that advertising "could be better," and that the layoffs are an "ongoing thing relative to the changing environment and changes in how our audience is looking for information." Editor-in-chief Donald Forst says the restructuring is "tied into our efforts going from a weekly product to, with the Web, daily journalism electronically, in which we're putting stuff up on a daily basis, sometimes on an hourly basis."
There comes a point in every party girl's life when she has to stop drinking and start getting serious. Fortunately for Maui Time Weekly's Samantha Campos, that point wasn't in San Antonio, at least not during AAN's annual convention. Mingling with editors, publishers and other journalistic riff-raff, she found that "they tend to let it all out after the free booze and appetizers kick in."
"No one knows what Nashville Scene publisher Albie Del Favero's announced resignation will mean for the city's alternative newsweekly," the Scene's Matt Pulle reports, "and that's as much a testament to the man as it is to the hazards of chain ownership." In 1999, Scene co-founders Del Favero and Bruce Dobie entered a complex business agreement that resulted in the formation of Village Voice Media, which owns a half-dozen alternative weeklies around the country. The Scene's next publisher will be named by the publishing group's CEO in New York, David Schneiderman.
Online advertising spending is expected to nearly double by 2009 to $16.1 billion and represent a much higher proportion of marketers' total budgets in that time, JupiterResearch said on Tuesday. Internet advertising will grow 27 percent this year to $8.4 billion, with double-digit growth for both paid search listings and display ads like banners, Jupiter said in a report. Jupiter is a division of Jupitermedia Corp (JUPM.O).
The new entertainment weekly the Milwaukee Journal Sentinel plans to launch this fall could attract advertisers who prefer to stay away from the edgy, controversial content found in The Shepherd Express (an AAN member) or the Onion. That's what Karen Stoneman, media director for a Milwaukee ad firm, told The Business Journal. But AAN Executive Director Richard Karpel predicts that the new breed of tabloids will drown in their own fluff because they lack the "idiosyncrasies and oddball charm" of true alternative weeklies.
The alt-weekly rolled out an alternative to the Democratic National Convention Wednesday night with a progressive multimedia art and political event called The Sideshow. The paper's convention coverage includes tongue-in-cheek interviews with stars of The Daily Show, which is taping all week in Boston. Dig editor Joe Keohane is quoted in TIME Magazine saying he doesn't think John Kerry ever mastered the political dialect of Boston, a city that likes talkers.
Younger men are downloading, gaming, and IM-ing constantly, consuming a more divergent media menu just as many marketers suspect. And while traditional media like good, old-fashioned TV still has a prominent place in their lives, the younger the men are, the stronger their bonds are with digital media. These were just a few of several interesting findings from a new spate of consumer media research released Monday by media shop Carat in conjunction with laddie magazine Maxim.
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