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Google tunes into radio advertising

Search giant acquires radio advertising specialist for $1.2bn

Tom Sanders in California, vnunet.com 18 Jan 2006
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Google plans to start selling radio advertisements through its AdWords programme, the company said as it unveiled the acquisition of dMarc Broadcasting for up to $1.2bn in cash. 

DMarc has created an advertising programme that promises to slash the costs for radio ads by letting advertisers directly connect to radio stations. This allows for a simplified sales process, and easier delivery and reporting of radio advertising.

"Google is committed to exploring new ways to extend targeted, measurable advertising to other forms of media," said Tim Armstrong, Google's vice president for advertising sales.

The search firm will pay an up-front acquisition fee of $102m and additional payments of up to $1.136bn based on preset targets such as product integration, net revenue and advertising inventory.

Google has been experimenting with programmes that could turn it into an intermediary for the advertising sector. The company has launched trials with several offline media, placing classified ads in newspapers and print advertising in trade publications.

See also:

GoogleExpect to see more video content moving to the web this year  11 Jan 2006
GoogleSpecial version of video search engine for Viiv under development  09 Jan 2006
Google mobileSearch firm offers mobile version of email service  16 Dec 2005
GoogleDon't miss the bus  09 Dec 2005
GoogleYou waste a day a year at the airport, so why not spend it with Google?  25 Nov 2005

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