The End of Social Media: It looks like the social media era is winding to a close. That’s not to say that Web personalization will end or the consumption of content based on social graphs. That’s becoming a given. Think about Spotify. Logging onto the music service with Facebook credentials instantly gives users the ability to peruse and subscribe to their friends’ playlists. That kind of sharing would have been remarkable not long ago, but it’s now become expected. VC Mark McNamee makes the point that social is now a feature, not a product, so entrepreneurs should look elsewhere for opportunities. That’s particularly noteworthy because McNamee is a Facebook backer. He makes some other interesting points on media, including the notion that HTML5 will give publishers opportunities to make money outside of the display ad system.
Quote of the Day: Forrester Research analyst Michael Greene, in an interview with AdExchanger, doesn’t think ad exchange ad buying is going to help bring brands online en masse. “The ugly truth is that the digital media industry has created an environment that’s crappy for brands. Cluttered websites, lackluster ad formats, and poor measurement practices mean that it’s simply too difficult for brands to deliver and confirm the emotional response they are looking for.”
In Defense of Hierarchy: It’s refreshing in a time when everyone preaches the wisdom of flat organization — the flatter the better — to hear a progressive company leader sound the warning. Barbarian Group’s Webb knows firsthand how a company can unintentionally sow chaos by not paying attention to old-fashioned things like job titles and managing people closely. Webb’s experience is that despite what they might say, people want to be managed and appreciate the clarity that comes with job titles.
Member ExclusiveMedia Briefing: A timeline of media unions’ actions this quarter
Media unions are working to get contracts signed by the end of the year, and are using strikes, pickets and rallies to try and accomplish those goals.
BuzzFeed, Hearst, other publishers, replace lavish holiday parties with more subdued celebrations
BDG, BuzzFeed, Hearst and The Washington Post will host in-person holiday parties this year, though they will not be the stereotypical soirées.
Member ExclusiveMedia Buying Briefing: The latest media agency estimates for 2023 revenue are out and they remain, well, upbeat
Two holding company media agency analysts continue to hold a more positive, if slightly tempered outlook on 2023 given strong results for 2022.
SponsoredHow premium programmatic video is evolving
Leo O’Connor, senior vice president, advertising, Paramount Change in the advertising and media industry often feels slow and chaotic — but when viewed with perspective, change happens relatively fast and follows a logical path. This is certainly the case with programmatic advertising and the rise of streaming. Audiences want the freedom to watch content however […]
The case for and against publishers continuing holiday-specific commerce coverage post-Black Friday weekend
Black Friday is over but publishers are up in the air about whether or not to continue covering holiday sales in the lead up to the holidays.
Why PMG’s Nike win doesn’t seem all that unusual for the indie media agency
The Texas-based independent agency continues to grow its roster of clients after landing Nike's media AOR business for North America.