Yahoo! Revamps Broadcast Site to Hook Advertisers

  |  April 23, 2001   |  Comments

Yahoo! feels the new site, loaded with extra streaming and audioofferings, will attract legions of viewers, and advertisers along the way.

Casting for more eyeballs, Yahoo Inc. Monday unveiled Yahoo Broadcast, a new site replete with the latest in streaming audio and video capabilities.

In fighting through recent layoffs and weaker spending in online advertising, Yahoo desires to be the top entertainment portal in the world and has worked toward that end with its new broadcast site. As it has done previously with its text content, Yahoo has aggregated content offerings top media sites, including ABCNEWS.com, Adventure TV.com and Accuweather.

Announcing the launch from the National Association of Broadcasters Convention in Las Vegas, the giant portal also beefed up its entertainment offerings with the inclusion of Bthere.tv, Classicmovies.com and Mondo Media content.

In aggregating streaming from more than a hundred providers, the company will display its content through a three-window online presentation; the video plays in the upper left window, related information is presented on the right, and the bottom window is a Web browser.

As for attracting advertisers, Yahoo feels it has hit them in the sweet spot by allowing them to purchase targeted media to reach the every-day, working-person audience at their desktop PCs; the idea is that advertisers will benefit from "trackable commercials" that lie one click away from commerce opportunities. In addition, streaming media is thought to be more brand-building than other forms of Internet advertising, so multi-media offerings may make Yahoo more attractive to traditional advertisers seeking branding, rather than a direct-response.

Travelocity has signed on to be one of the initial advertisers; Level 3 is the primary broadband provider for the service.

Yahoo could use the advertising. Two weeks ago, the company announced layoffs for the first time, along with its first quarter earnings announcement. Yahoo depends heavily on advertising revenues (83 percent) and the slowdown in ad purchasing forced the company to cut 12 percent of its workforce, or about 420 positions.

On a more positive note, Yahoo recently filled the gaping hole in its chief executive spot by snapping up Terry S. Semel, former co-chairman of Time Warner's movie and music division, to serve as new chairman and CEO, effective May 1. Picking up Semel is indicative of Yahoo's push to become the premiere online entertainment portal.

ClickZ Live Chicago Learn Digital Marketing Insights From Leading Brands!
ClickZ Live Chicago (Nov 3-6) will deliver over 50 sessions across 4 days and 10 individual tracks, including Data-Driven Marketing, Social, Mobile, Display, Search and Email. Check out the full agenda, or register and attend one of the best ClickZ events yet!

ABOUT THE AUTHOR

Anna Papadopoulos

Based in New York, Anna Papadopoulos has held several digital media positions and has worked across many sectors including automotive, financial, pharmaceutical, and CPG.

An advocate for creative media thinking and an early digital pioneer, Anna has been a part of several industry firsts, including the first fully integrated campaign and podcast for Volvo and has been a ClickZ contributor since 2005. She began her career as a media negotiator for TBS Media Management, where she bought for media clients such as CVS and RadioShack. Anna earned her bachelor's degree in journalism from St. John's University in New York.

Follow her on Twitter @annapapadopoulo and on LinkedIn.

Anna's ideas and columns represent only her own opinion and not her company's.

COMMENTSCommenting policy

comments powered by Disqus

ClickZ Today is our #1 newsletter.
Get a daily dose of digital marketing.

COMMENTS

UPCOMING EVENTS

UPCOMING TRAINING

Featured White Papers

Google My Business Listings Demystified

Google My Business Listings Demystified
To help brands control how they appear online, Google has developed a new offering: Google My Business Locations. This whitepaper helps marketers understand how to use this powerful new tool.

5 Ways to Personalize Beyond the Subject Line

5 Ways to Personalize Beyond the Subject Line
82 percent of shoppers say they would buy more items from a brand if the emails they sent were more personalized. This white paper offer five tactics that will personalize your email beyond the subject line and drive real business growth.

WEBINARS

Resources

Jobs