Consumers (i.e., us) are so good at multitasking that they now prefer to consume multiple media types simultaneously. The fact that we’re listening to NPR while shopping on Ebay while watching 24 is no newsflash. But the implications of this behavior are profound for marketers who now must reconsider fundamental measurements of time. To set up their handy little chart, eMarketer quotes a 2006 study by Yahoo and OMD …
Move Over Howard Draft and Julie Roehm, There’s A New Scandal In Town
When it invloves a beautiful woman, business ethics isn't an oxymoron. Rather it's time for the mainstream press to go all Gawker on us. Here's how the Globe and Mail describes the situation: She is the face that launched a thousand stocks, a television fixture whose movie-star looks and expanding influence have earned her the nickname "Money Honey" on Wall Street, along with a place in FHM Magazine's list of the …
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WOM Beats Ads Hands Down
eMarketer picks up on a study conducted by BIGresearch that suggests the power of word-of-mouth, the far less manageable little sister of Advertising. Nothing new here, but I find stats and studies helpful when debating clients, account people, and suits of all sorts. …
Don’t Go Home With Guys You Meet on MySpace
Not to get all Bill O'Reilly on you, but does anyone find it rather lame that parents are suing MySpace because thier teenage daughters were sexually assaulted by weirdos they met while using the service? CNET reports that families from New York, Texas, Pennsylvania and South Carolina have filed seperate civil suits against MySpace and parent company News Corp., alleging negligence, recklessness, fraud and negligent …
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Time To Invest In The Web
According to The New York Times, print journalism took another blow to its midsection this week. In a broad retrenchment, Time Inc. announced yesterday that it would cut nearly 300 employees at its top magazines, including the most profitable publication, People, as it moves to invest more in its Web sites. The number of cuts — 289 in total — were deeper than expected, with 172 of them coming from the editorial side …
Razorfish Extends Global Reach
Can interactive shops continue to grow and challenge traditional ad agencies for ownership of the big idea? Are I-shops capable of leading creative or merely executing and implenting it? If you're rooting for interactive, good news came today when Avenue A/Razorfish announced that it has secured a 19.4% stake in a Japanese interactive shop called Digital Palette, which is part of Dentsu, Japan's biggest ad agency. …
Media Business On Fire In India
The Wall Street Journal (paid sub. req.) looks at the publishing industry's recent moves in India. Lured by a growing pool of deep-pocketed readers and advertisers anxious to reach out to India's 300 million-strong middle class, some 10 foreign consumer magazines have launched Indian editions in the past two years, and close to 20 more are expected to start publishing in India in 2007. Indian versions of Maxim, …
Community News Site Suffers Setback
Despite having sold 550 ads to local businesses since April, citizen journalist website Backfence is in trouble, according to The Washington Post. In May 2005, Backfence won $3M in funding from local investors and national firms, but last week they lost three executives, including their co-founder. Apparently, the management team reached an impasse with investors on the best way to enter new markets. "It always ends …
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