The hunt for ad dollars: AOL will launch 12 new websites to seduce advertisers and play catch up
Published: Monday, March 03, 2008
| "We want to be sure we are appealing to as many consumers as we can'' -Bill Wilson, executive vice president of programming ![]() BY SDH On the web, it’s all about the advertising dollars and media companies will stop at nothing get their chunk of it. Some companies in the past have went as far as plastering their websites with a whole new skin reflecting the advertiser's brand. Well AOL isn't going that far but they are planning on launching 12 new websites in an effort to attract more advertisers. It’s another one of those things where big media companies toss a bunch of cards in the air and hope they all land face up. AOL, an online pioneer created in 1985, is trying to catch up with newer competitors by offering free e-mail and Web security, a plan pushed by Time Warner Chief Executive Officer Jeffrey Bewkes since 2006. An increase in visitors and advertising hasn't made up for declines at the unit's Internet dial-up business, leading to a 32 percent drop in AOL's fourth-quarter revenue. AOL to Start 12 New Web Sites to Attract Advertisers [Bloomberg] |




















One of our favorite blogs called funkybrownchick isn't really media focused but it does touch on some stuff that some of us deal with daily and the media industry can actually learn from it. For example, the post we're posting about is something Madison Ave and their clients can take points from.
Rocker/Activist Bono and company is said to have spent about $100 Million to market the hell out of (RED) but to date the wide spread marketing campaign which included bandwagonist celebrities has only generated $18 million. Guess celebs don't have the selling power they used to back in the day huh? Anyway some folks involved remain positive that we will still go out and buy our (RED) t-shirts.








