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Saint Paul, MN – Internet Broadcasting, the leading local Internet solution provider for broadcast publishers and advertisers targeting local markets, today released the results of a custom study from preeminent local research and consulting firm Borrell Associates showing that IB-affiliated TV stations had dramatically greater revenue from online advertising than non-affiliated stations. Among the study’s findings:
- IB-affiliated stations had an average of 61% higher revenue from online advertising last year vs. non-affiliated stations — $871,723 vs. $542,275 for non-affiliated stations.
- IB-affiliated stations had 36% higher average online revenue per household in each market vs. non-affiliated stations — $.71 per household vs. $.52 for non-affiliated stations.
- IB-affiliated stations generate more local online ad revenue in each market — $.53 per household — than non-affiliated stations generate in total online ad revenue — $.52 per household.
- IB-affiliated stations had three times the national online ad revenue per household in each market — $.18 per household vs. $.06 per household.
- IB-affiliated stations had significantly greater online revenue growth projections for 2008 than non-affiliated stations – 48% vs. 35%.
“This study demonstrates that local brands win when working with IB to monetize their web sites,” said David Lebow, CEO of Internet Broadcasting. “Our partners have tremendous revenue pressure in today’s market. Our publishing platform and advertising solutions combine to create meaningful usage and revenue.”
“We’ve always advocated the local media companies not try to tackle the Web on their own,” said Gordon Borrell, CEO of Borrell Associates, “and the results of this study provide solid evidence regarding why that’s so. A partnership with a service provider like Internet Broadcasting helps media companies develop their Web initiatives into a new business line, rather than a new marketing expense.”
“Hearst-Argyle local Web sites aggregate 18MM average monthly unique visitors,” said Roger Keating, Senior Vice President, Digital Media, Hearst Argyle Television. “We have been impressed with how IB’s network has brought national advertisers to our local sites that we otherwise would not have landed. But more importantly, the advertising operations and creative services team at IB has made it relatively easy for our station sites to grow. We get to focus on building compelling content and selling campaigns to local advertisers, and IB’s full service team takes care of the rest.”
The results of the custom study were drawn from the data used to produce “What Local Websites Earn”, a study released by Borrell Associates in May 2008. For more information about the study, visit http://www.stateoflocal.com/2008/08/01/377/.
About Internet Broadcasting
Established in 1996, IB is a leading local media network that builds powerful solutions – products, content, and services – that make it easier for publishers and advertisers to reach engaged audiences in relevant environments.
Partnerships with ABC, CNN, Cox Television, Hearst-Argyle Television, McGraw-Hill Broadcasting, Meredith Broadcasting, NBC, Post-Newsweek Stations, Scripps, and Telemundo among others contribute to our reach and success. In June 2008, the IB Local Network was comprised of over 46.3MM unique visitors and ranked 42nd according to the comScore Media Metrix Ad Focus ranking.
Headquartered in St. Paul, MN with additional offices in New York, Chicago, San Francisco, Los Angeles, Denver, and Atlanta, every member of the IB community is committed to innovating for the next era of the Internet. For more information, visit http://www.ibsys.com.
About Borrell Associates
Borrell Associates is the leading provider of local advertising research, data and strategic analysis. The company has offices in Williamsburg, Va., and Seattle, Wash., and provides detailed market advertising reports for hundreds of local media companies, including WebAudit™, Local Ad $pending™ (LA$R™) and customized reports for any U.S., Canadian or U.K. market. For more information, visit http://www.borrellassociates.com/.
FOR FURTHER INFORMATION PLEASE CONTACT:
Ayme M. Yaiser
VP Strategic Marketing & Communication
Internet Broadcasting
646.562.5908
Saint Paul, MN – Internet Broadcasting, the leading local Internet solution provider for broadcast publishers and advertisers targeting local markets, announced today the appointment of former Brightcove executive Libby Freligh as VP Product Marketing.
Libby Freligh will oversee all of Internet Broadcasting’s product marketing activities, including product development, new market development, and go-to-market strategies. The addition of Freligh allows the Company to accelerate its strategic shift as it creates the next generation of its media platform. Through that shift, IB will offer a range of products, content and services that seamlessly address the needs of the complete web ecosystem – end users, publishers, and advertisers. Freligh will report to Jeff Kimball, the Company’s Chief Operating Officer.
Welcoming Freligh’s appointment, Kimball said: “With her extensive experience creating market-defining new technologies and solutions, Libby is the ideal addition to the IB team. Libby’s first task will be to leverage our highly optimized, proven architecture to develop and launch new products and solutions that meet the needs of today’s and tomorrow’s Web publishers and advertisers. Product Marketing is becoming one of the cornerstones of the new IB, and Libby is exactly the right person to lead us. I’m very excited about the value and innovation we’ll be bringing to our partners over coming months and years.”
Libby Freligh said: “The IB team has the perfect mix of talent, expertise, commitment and vision. By combining the IB technical team’s new thinking with their deep technical experience building enterprise platforms, we have the opportunity to redefine a range of technologies so that our media partners can leverage the Internet in far more productive, intuitive, and interesting ways. I’ve been very lucky in my career, working on truly innovative technologies with unbelievable teams, but I’m more excited than ever about what we plan to deliver to the IB market.”
Freligh has extensive experience managing new products and developing new markets. Most recently, she built Brightcove’s evangelism, account and launch management functions. Prior to that, she was the product manager in charge of Macromedia Flex, Allaire and Macromedia ColdFusion and Allaire Spectra. Her tenure at Brightcove began in 2005 where she was responsible for helping customers define and manage the resources necessary to successfully launch new video initiatives across a range of verticals – music, print publishing, cable television and web publishers. She left Brightcove after spending the last year in London helping to develop the EMEA market and managing over a dozen UK media properties including The Telegraph, Channel 4, British Sky Broadcasting, The Guardian, ITV, Hachette Filipacchi and others.
About Internet Broadcasting
Established in 1996, IB is a leading local media network that builds powerful solutions – products, content, and services – that make it easier for publishers and advertisers to reach engaged audiences in relevant environments.
Partnerships with CNN, Cox Television, Hearst-Argyle Television, McGraw-Hill Broadcasting, Meredith Broadcasting, NBC, and Post-Newsweek Stations among others contribute to our reach and success. In June 2008, the IB Local Network was comprised of over 46.3MM unique visitors and ranked 42nd according to the comScore Media Metrix Ad Focus ranking.
Headquartered in St. Paul, MN with additional offices in New York, Chicago, San Francisco, Los Angeles, Denver, and Atlanta, every member of the IB community is committed to innovating for the next era of the Internet. For more information, visit www.ibsys.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
Ayme M. Yaiser
VP Strategic Marketing & Communication
Internet Broadcasting
646.562.5908
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- Internet Broadcasting Breaks All-Time Usage Record in September 2008
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- Internet Broadcasting Breaks All-Time Usage Record in August 2008
- IB Selects Solbright AdSuite to Streamline Ad Operations
- Borrell Associates Study Shows TV Stations in IB Network Have 61% Higher Web Revenue than Non-Affiliated Stations