NET
SENSE
Google's
moves with MTV, MySpace
By Bambi
Francisco, MarketWatch
Last
Update: 12:01 AM ET Aug 8, 2006
SAN
FRANCISCO
(MarketWatch) -- Google's $900 million deal with Fox shows that the search
giant is willing to pay a hefty amount for the next generation of Internet
addicts who tend to socialize as much as they search.
"I
think the MTV-Viacom/Google deal is really smart [since it] leverages true
assets of Google -- large network of traffic partners and advertising
technology," said Mike Sheehan, co-founder and CEO of advertising agency
Booyah Networks. But for now, Google isn't leveraging its auction-based system
to the video market, he said. It's probably a good thing that Google isn't.
Booyah
Networks will soon be launching an auction-based video ad exchange whereby
advertisers can create video commercials and upload them onto Booyah's network.
Those advertisers will bid to place their video ads on video content across
Booyah's network of content providers.
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