It's the end of Traditional Marketing as we know it: Part II |
To follow up on last week's news about advertisers losing faith in TV advertising, today's WSJ states that online video has been a real hit and a real threat to broadcast TV (who knew?).
Americans watched more than 300 million videos on Google's YouTube in December alone, and the amount of time spent watching video online grew 34% last year.
Worse, according to the article, Google's new plans to wring advertising revenue out of online video could eventually cause broadcasters a lot of pain.
You know, I would have thought with hits like "My Dad is Better Than Your Dad" TV's audience would be skyrocketing.
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