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WOM Spend to Reach $3 Billion by 2013

Spending on word-of-mouth (WOM) marketing from 2007 to 2008 rose 14.2% to $1.54 billion, and is expected to hit $3 billion by 2013, according to a report based on extensive WOM research from PQ Media, MarketingCharts writes.   [...]

VSS Forecast: Comms Spending to Top $1 Trillion

Total communications spending will decline 1% in 2009 to $882.6 billion, but will grow 3.6% per year over the next five years to more than $1 trillion,  according to a report from private-equity firm Veronis Suhler Stevenson (VSS). This growth will make communications the third fastest-growing sector (behind mining and construction) of the US economy through 2013,   [...]

Facebook Returns to Old Terms of Use

Bowing to pressures from the Facebook community, the social network withdrew a recent revision of its Terms of Use. The Terms, updated February 4, gave Facebook perpetual licensing rights to all content uploaded to the site, even after a user closes his account. It also included a clause enabling it to sublicense material. Revisions were brought out into the open   [...]

TargetSpot: Web Radio to Grow!

Online radio rep firm TargetSpot is growing, and it expects revenues will be up in 2009, according to the co-presidents of the company. Since TargetSpot merged with Ronning Lipset Radio last October, the number of listeners to its network of more than 1000 internet radio stations has seen double-digit growth. In December, TargetSpot pulled 15.3 million unique listeners - double that of Katz Online Network, its nearest competitor - and sales grew as well, with upfront billings up 72% compared   [...]

NYT Scores Cash Infusion from One of World’s Wealthiest

Mexican billionaire Carlos Slim Helu is investing $250 million in The New York Times Co., the company said in a statement Monday. Mr. Slim, among the wealthiest men in the world, already owns 6.9% of the Times Company. He will invest the money in the form of six-year notes with warrants that are convertible into common shares; the company will use it to refinance its existing debt, writes The New York Times   [...]

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Change.gov Opens to Questions, Comments, 'American Stories'

Change.gov, the site where President Elect Obama's administration communicates with Americans, now permits users to submit questions and vote on those they most want answered. The "Open for Questions" feature launched Wednesday, at which time over 1000 questions were logged  [...]

Starbucks to Combat Brand Erosion with Loyalty Program

Feeling the pinch of the economy and encroaching low-cost providers like McDonalds, Starbucks is launching a loyalty program to bolster US sales, reports MediaBuyerPlanner. CEO Howard Schultz, the brand builder who recently returned from a seven-year break, intro  [...]

Guitar Games Push Digital Music Sales

Music-oriented video games like Guitar Hero and Rock Band are helping boost sales of digital music. Released by MTV Networks and Harmonix two months ago, Rock Band players have downloaded over 2.5 million songs, according to Reuters. Activision's Guitar Hero III: Legends of Rock sold over 5 million songs since adding downloadable content in November. Gamers are reportedly mo  [...]

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Evo Connects Green Businesses with Jaded Buyers

Kermit is right. It's not easy being green. For spiritual Kermits, Evo has arrived -- to help green-leaning consumers make shopping decisions by making eco-friendly alternatives easily accessible. The site covers everything from food and clothes, to housewares and solar panels. The site's business model depends primarily on affil  [...]

Threadless.com's Retail Store Is a Great Brand Builder

Threadless started life as a T-shirt e-tailer with one unique twist: not only did users design the tees in a series of regular contests but other users voted on which ones should be produced. The e-tailer has now built a brick-and-mortar location in Chicago and has plans to build similar stores in Boulder and San Francisco,   [...]

What Strike? Gametap's 'Sam & Max' Enters Second Season

While Hollywood writers vigilantly maintain their strike, computer game writers aren't skipping a beat. Telltale Games' Sam and Max series has entered its second "season" today with the launch of Ice Station Santa, according to Wired's Game|Life. Available in multiple episodes, the series launched on Turner's Gametap. It is also available directly from Telltale's   [...]

NBC to Test YouTube's Copyright Monitoring

NBC-Universal will be participating in a test of YouTube's new copyright monitoring functionality, reports the Wall Street Journal. As Google rolls out its monitoring system for copyrighted clips on YouTube, NBC will be taking part in a test of how well that system works. Proving to media companies that it works could go a long way toward encouraging them   [...]

24/7 Issues Top 10 Online Advertising Predictions

Yesterday, at Ad:Tech 2005 in New York, 24/7 Real Media released its Top 10 online advertising and interactive marketing predictions for 2006. The top five predictions: Consumer-generated media will become increasingly attractive to advertisers; advertisers will continue shifting traditional adspend to the web due to an increase in internet use and better  [...]

180solutions Fighting Affiliate 'Crammers' that Turn Adware to Spyware

MediaPost reports adware firm 180solutions is revising its software to help combat stealth downloads and is joining an anti-spyware nonprofit. 180solutions CEO Keith Smith said the new roll-out, to take place over the first quarter, will prevent the software from being capable of being loaded onto a person's computer without their explicit permission. Reportedly, some affiliates have managed to cram the software onto unsuspec  [...]

Major Brands Shift Ad Budgets Online

Biz 2.0: McDigital Marketing Thomas Mucha examines McDonald's recent decision to shift more marketing budget away from TV in favor of online. Full of bolstering for online advertising effectiveness, including this:...[T]he best reason for McDonald's to go digital is that the medium works. Carmake  [...]