Media stories of note for Wednesday, April 17, 2013:
Barry Diller, the veteran media executive and chairman of IAC, says death will come for irrelevant media and those who innovate will be fine. While that isn't a particular revelation, his views on newspapers are. For one, he notes they have a larger audience than ever due to their web reach. But more importantly, they have the ability to be "granular" in their look at communities. He told a conference this week he is surprised they don't.
Meanwhile, paidContent looks at a new Newspapers Association of America survey that indicates newspaper audiences are highly engaged. But it points to the need for a stronger presence in mobile to deal with declining advertising revenue. The survey looked at 11 metrics --- from ethics to effectiveness of advertising --- and newspapers and their online counterparts came out on top of all media.
Digital advertising revenue has climbed 15 per cent in the U.S. in 2012 to reach $36.6 billion, nearly half of which came from search advertising. A large growth area was display advertising, including video, which rose nearly 33 per cent in the year. The Interactive Advertising Bureau study was reported by Reuters.
Barry Diller, the veteran media executive and chairman of IAC, says death will come for irrelevant media and those who innovate will be fine. While that isn't a particular revelation, his views on newspapers are. For one, he notes they have a larger audience than ever due to their web reach. But more importantly, they have the ability to be "granular" in their look at communities. He told a conference this week he is surprised they don't.
Meanwhile, paidContent looks at a new Newspapers Association of America survey that indicates newspaper audiences are highly engaged. But it points to the need for a stronger presence in mobile to deal with declining advertising revenue. The survey looked at 11 metrics --- from ethics to effectiveness of advertising --- and newspapers and their online counterparts came out on top of all media.
Digital advertising revenue has climbed 15 per cent in the U.S. in 2012 to reach $36.6 billion, nearly half of which came from search advertising. A large growth area was display advertising, including video, which rose nearly 33 per cent in the year. The Interactive Advertising Bureau study was reported by Reuters.
