Thursday, August 30, 2012

Google to shut down TV advertising sales business


Google is pulling the plug on Google TV Ads, the search giant's five-year attempt to revolutionize the way advertising is sold on TV.


The move was prompted by the booming popularity of watching content across a variety of mobile devices, Google said.


"We've made the hard decision to close our TV Ads product over the next few months and move the team to other areas at Google," Shishir Mehrotra, vice president of product at YouTube, said in a company blog post. "We'll be doubling down on video solutions for our clients (like YouTube, AdWords for Video, and ad serving tools for web video publishers). We also see opportunities to help users access web content on their TV screens, through products like Google TV."


Launched in 2007, Google TV Ads was basically an attempt to replicate on the small screen the self-service search-ad model that has turned Google into a Web powerhouse. Google TV Ads customers could upload video ads to Google's site and then decide how much they want to spend per ad impression.


Google TV Ads didn't get as much attention as other parts of the company's advertising network, but Google stayed with the effort for several years after shutting down similar services for print and ... [Read more]



via CNET http://feedproxy.google.com/~r/cnet/NnTv/~3/NjIjUVagIks/


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