Radio days for Google ads
If you live in Detroit, the ads you hear on your commute could be coming from Google, News.com reports. The Web-search giant has struck a deal to sell radio ads for Greater Media, which owns 19 radio stations across the country, and the ads are already airing in the Motor City. It's the first radio deal for Google since it bought dMarc Broadcasting, which runs an automated system for buying radio-advertising time, for $102 million in January.

If Google's radio efforts spread beyond Detroit, it will be the first time the company has succeeded at selling anything other than Web advertisements. An earlier attempt at brokering print ads failed miserably, notes Bill Wise on MediaPost. But radio may be better suited to Google's efforts: The online bidding it uses to sell advertising works well for markets with some element of scarcity, argues Wise, and radio, with its narrow drive-time windows for reaching large audiences, is well-suited for such auctions.
Posted by Owen Thomas 10:37 AM 1 Comments comment | Add a Comment

People often think of Google as an internet and techonology company -- often in battle with others like Microsoft and Yahoo -- but it's not. Google is an advertisement company. If they find another way to hawk advertisements they will, whether it's in print or (in this case) radio.
Posted By Harry Chong, Toronto, Ontario : 8:44 AM  

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

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