Google Cuts Off Its Big-Media Dreams

Like Napoleon marching into an abandoned Moscow, Larry Page and Sergey Brin have led Google's advance into traditional advertising only to find nothing to loot. Now begins Google's long imperial retreat, starting with 40 layoffs.
The Unbearable Yahoo-AOL-Microsoft Dance
Someone buy something, please. Our New York sighting of Microsoft CEO Steve Ballmer with Yahoo chairman Roy Bostock missed one: Time Warner CEO Jeff Bewkes, who'd like to unload AOL.
Layoffs at Federated Media Signal Blogs' Ill Health
John Battelle is the salesman for a host of indie sites, from the futuristic Boing Boing to the Web-obsessed TechCrunch to mommyblog Dooce. What does it say that his company, Federated Media, is canning workers?
Yahoo's Holiday Bonus: A Lawsuit Settled
If you thought Google's "dogfood" holiday gift was chintzy, check out what Yahoo employees got: $50. To donate to charity. Some others, though, are stuffing their stockings with a $10 million legal settlement.
Tina Brown's 'Reinvention' Is Wearing Thin
Tina Brown — who once edited Tatler, Vanity Fair, and the New Yorker and Talk — has reinvented herself by editing a website that mixes high and low culture. Where have we heard that before?
Report: Sarah Palin destroying Web video
We've uncovered what's really killing the online-advertising business: Sarah Palin! Or rather, the lack thereof. Traffic at Hulu, NBC's YouTube wannabe, tumbled in November without the Web's favorite hot lady governor and VP candidate.
Making money on YouTube? Not so fast
The star of the Times piece is Michael Buckley, a fast-talking and overbearingly gay celebrity commentator — think Ted Casablanca, if Ted Casablanca lived in Connecticut. Buckley says he makes $100,000 a year on YouTube ads. Google sells the ads and splits the revenue with Buckley, as it does with other video creators…
Why Facebook wants to spam your News Feed
Social networks have a lifecycle: They start with a small core of early adopters, swell as mainstream users get pulled in by their friends, and then see growth taper off as people get turned off by spam. That's why Friendster is forgotten and why MySpace is looking increasingly stagnant. The price for reaching an…
Wall Street Journal traffic doubles, but no ads
The Wall Street Journal's website traffic doubled in October as nervous-wreck investors tracked the economy's nosedive. But the usual WSJ advertisers — banks and luxury items such as watches — aren't buying ads to go on all those pageviews. Usually, advertisers confirm their planned holiday spending level to the …
The death of conversational marketing
An unproar in the world of tech blogs is uncovering a broader fault line between writers and advertisers. Om Malik's GigaOm and his other blogs have dropped their outside ad-sales firm, Federated Media, a startup run by John Battelle. Federated isn't just another ad network, nor is Battelle just another entrepreneur;…
Googlers take turns insulting P&G marketers
Nothing, it seems, can stop Google — except the overweening hubris of its employees. Every time Googlers venture outside the Googleplex to demonstrate their charitable embrace of the digitally unfortunate, they end up just reinforcing their snobby superiority. So it went with the search giant's job-swap program with…
Google hit by slump in product searches

Google's oh-so-clever ad system has an Achilles heel: As consumers cut back on spending, they also cut back on Google searches for stuff they want to buy. Furthermore, many shoppers now click on more links in search of a bargain. An official statement from IAC, which uses Google to serve ads on Ask.com, says search…
Federated Media slashes rates to $5 CPM
John Battelle has his own plan for riding out the holiday ad-buying slump. The founder of online-advertising network Federated Media, which brokers ads for sites like Boing Boing, GigaOm, and Dooce, can't fire writers, but he can cut the price of their ads. John, be careful. Your inbred network is made up of bloggers…
Google selling YouTube ads, for real, finally
Just read Alleywag's summary. Then read the New York Times' official version. I tested Google's canned example: Search YouTube for "financial crisis." Get an ad for a super-violent movie. Those Google people are smart!
YouTube ads must be big in Japan
YouTube has never been this exciting. And I don't mean the puppy videos. The video-sharing site is frenetically experimenting with every imaginable form of advertising, from prerolls to rollovers to overlays. There's even that staple of late-night television — headache pills! For this, we can thank Ben Ling, the…
Nick Denton: "Publishers are sleeping their way to extinction"
Think things are bad in the media business? You ain't seen nothin' yet. That's the message Nick Denton, the owner of Gawker Media, an online publisher whose properties include this website, lays out in a new essay now published on his personal blog. (A draft I saw was headlined "Publishers Are Sleeping Their Way to…
Why Facebook can't sell ads
Facebook has made a bold bet on being the next Google. The problem is that it may have made the wrong bet. The Wall Street Journal has taken tardy notice of Facebook's "engagement ads," first launched in August. They are not an easy sell; they require advertisers to come up with some compelling "action" for Facebook…

