You may have seen an announcement from EyeWonder out on the wires earlier this week. When we here in the newsroom at ClickZ saw it, our response was a universal "huh?"
It said EyeWonder has "unveiled a new category for the advertising industry, 'Interactive Digital Advertising.' The new category was created to address the challenges today's leading interactive agencies face in clearly defining and communicating rich media."
Interactive Digital Advertising? Yeah, it's been around for quite some time now. It's called rich media.
Right?
So, why would EyeWonder, a longtime player in the rich media ad space, want to float this new moniker? I had a long talk with CEO John Vincent this afternoon. He explained the reasoning behind the decision, and overall said a lot of really interesting stuff. Alas, my computer decided it didn't feel like saving my notes from our conversation. So, I'll do my best to boil our talk down to its essence.
Essentially, since EyeWonder has become more and more involved in exploring new ways to serve advertisers on emerging platforms outside the Web, it's run into some language barriers. It seems people developing campaigns for mobile or iTV equate rich media with the Web. They think of video-enabled display ad units.
While the term "rich media" really encompasses a lot more than that, many working on these emerging platforms don't see it that way. Mention "rich media" when discussing campaign possibilities and their heads start to spin, or their faces curl up in confusion, or something like that. (OK, Vincent didn't actually describe it like that, but I'm using creative license here.)
Also, according to Vincent, the fact that "rich media" encompasses just about any multimedia experience requiring relatively large files is part of the problem. It's not specific enough either.
Because campaign development is becoming less silo-ed in terms of agency processes -- the mobile folks need to work with the Web folks, etc. -- it helps if they speak the same tongue.
Hence, the new term. Whether it actually makes it into the industry lexicon is another thing....
Posted by Kate Kaye at 5:54 PM | Permalink | Comments (0) | TrackBack
The Interactive Advertising Bureau today released guidelines that would update the definition of rich media as well as revise guidelines for other ad formats. The IAB has asked for comment within the next 30 days before locking down them down.
When asked about the highlights, Marla Nitke, IAB spokeswoman, pointed to the three bullet points in the IAB news release. The highlights are:
*Redefine rich media. It would refer to "advertisements with which users can interact (as opposed to solely animation and excluding click-through functionality) in a web page format," the proposed change reads. Rich media, under the proposal, also includes in-page and in-text digital video ads where the associated content isn't streaming in a player.
*Offer guidance on file weights and animation lengths for both rich and non-rich media online ads.
*Address ad formats such as banners and buttons as well as transitional and various over-the-page units such as floating ads, page take-overs and tear-backs. New units would include a 720x300 pop-under and a 300x100 or 3:1 rectangle.
"These standards aren't bad for creatives. They seem to be an efficiency
for media traffickers. A "one size fits all" standard is great but we
could loose the dynamism that online adverting used to enjoy," Dorian Sweet, creative director/digital strategist, wrote to ClickZ, when asked for his thoughts on the proposed standards.
And this from Deep Focus CEO Ian Schafer: "The only thing that jumps out at me as significant is this: 'Redefine rich media so that ads must be interactive aside from the
ability to click-through in order to be categorized as rich media.'
"I like that. Another reason to talk about ‘engagement’ and its relative metrics, and another reason for all ads to be rich media."
Posted by Anna Maria Virzi at 4:37 PM | Permalink | Comments (1) | TrackBack
One of the more storied vendors in the digital marketing arena, Enliven, has agreed to merge with DG FastChannel, an ad production and creative asset management firm. The combined entity hopes to offer advertisers a single place to create and manage ad assets, especially video.
Enliven offers rich media, mobile and in-game ad products and services. It was originally acquired by Unicast in 2002 and then absorbed into Viewpoint (known for its 3D and hologram digital imaging technology) two years after that. Some time later Viewpoint was rebranded Enliven, after which it promptly dropped out of sight. Or at least out of ClickZ's sight. For the past few years the company has either failed to return our calls or declined to speak with us about its operations.
In any case, Eniliven's capabilities will be added to DG FastChannel's traditional media management suite, which supports national and local broadcast and cable TV, radio, and print. The combined entity will also offer post-production services, a searchable database of TV ads, and Web site development, courtesy of the SpringBox agency brand. Not sure how much "agency" there is behind that "brand," but there you go.
The all-stock transaction values Enliven at approximately $98 million. DG FastChannel previously owned 12 percent of the company.
Posted by Zachary Rodgers at 2:07 PM | Permalink | Comments (0) | TrackBack
A Google search for "Myanmar," devastated by a cyclone, shows that nonprofits are turning to paid search to help raise funds to assist victims. Here's a partial list of the results:
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