<![CDATA[Gawker: valleywag, martha stewart living omnimedia]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, martha stewart living omnimedia]]> http://gawker.com/tag/valleywag/marthastewartlivingomnimedia http://gawker.com/tag/valleywag/marthastewartlivingomnimedia <![CDATA[Boss Martha Fears the Spread of Googley Perks]]> Three New York City Googlers went on Martha Stewart to show off a scallops recipe today. How fun! But Martha was far more interested in their employer's lavish perks.

First Stewart hinted that their cooking skills were superfluous, since Google gave them three free meals a day. Then she asked whether they got laundry and drycleaning service like they do in California. "They're going to be asking for this in my office!" she exclaimed. Martha's nightmare, as we know, is employee entitlement creep.

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<![CDATA[Martha Stewart exec says we're all doomed]]> NEW YORK — Yahoo's last great sales chief and current Martha Stewart Living Omnimedia co-CEO Wenda Harris Millard joined a panel today as part of this week's Advertising Week festivities here in New York. As the talk began, all was light and mirthful. Then MIllard responded to the moderator's question on whether the Wall Street meltdown would spread beyond New York and impact the consumers who fund the advertisers who fund Silicon Valley. Millard's answer: "It's going to be a very tough coming 18 months if not longer. And I'm not usually a pessimist. I see some pretty severe implications for small to medium sized businesses." Millard said "a lot of cash has dried up" and credit simply won't be available to "the average consumer."

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<![CDATA[Publishers try to pop ad-network bubble]]> Seven years ago there were less than 50 online ad networks. Today there are more than 300. But that number could shrink just as quickly, reports Lucia Moses in MediaWeek. At least, that's what her executive sources at publishers Rodale, Martha Stewart and Forbes hope. Rodale's MaryAnn Bekkedahl says that when her company experimented with an ad network, it served ads in the wrong language, broke exclusive arrangements with sponsors, and tried to put a fast-food ad in on a fitness site. Forbes.com CEO Jim Spanfeller tells Moses Forbes has the solution: It offers advertising clients its own third-party sites handpicked by the company for editorial compatibility. Martha Stewart Livig Omnimedia does the same thing with its Martha’s Circle, co-CEO Wenda Harris Millard says, because “magazines are wonderful brands and the networks are not going to protect [them]." But we know what's really going on here.

Publishers are bad-mouthing ad networks, only to offer the smaller publishers who really need them their own networks instead. That's not cutting out the middleman to protect brands — that's steering away interlopers from outside the media business, while jealously guarding their relationships with Madison Avenue. Either way, smaller publishers which can't afford their own salespeople will get taken to the cleaners. It's just a question of who drives.

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<![CDATA[Martha Stewart boss on online advertising: "Machines don't create art"]]> Is Martha Stewart co-CEO Wenda Harris Millard, a former Yahoo executive, a bit ungrateful? In this excerpt from an interview with BoomTown's Kara Swisher, Millard explains what's wrong with what Google's made everyone believe about online advertising. The story, as it's conventionally told here: Silicon Valley owes its rebirth to Google. Google's distributed ad network, AdSense, allowed startups to fund themselves before venture capitalists recovered enough from the bust at the turn of the century to take notice of them. Google's auction-sold search ads have earned the company so much cash, it can spend it almost willy-nilly. The problem: Google's impact on online advertising has been otherwise disastrous.

Google will put AdSense against almost any content. Watching Google make its billions, rival ad networks decided they should too, flooding the market with inventory sold at ever-dropping rates. The problem with Google search, in which ads only show up when customers literally ask to see them, is that now all ad-supported Web companies and ad networks think they can create technology that will target advertising equally as well — even though Google search-ad targeting is just a crude keyword match, constantly improved by click-through data.

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<![CDATA[Big advertisers to buy ads by the quarter, not the year]]> Tide.jpgBad news for TV, print and radio: heavy-spending packaged goods advertisers, such as $300 million-a-month Procter & Gamble, don't want to make annual ad-planning commitments anymore. Due to rising fuel, food, and commodity costs, these advertisers only want to commit to spending quarter by quarter. "The planning cycle has changed," Martha Stewart Living Omnimedia president Wenda Harris Millard told Silicon Alley insider. "This is wreaking havoc on media company forecasting." What Millard meant, of course, is old-media forecasting. Other than maybe Yahoo, AOL and MSN, Web companies aren't used to the luxury of sending customer invoices a year ahead of time.

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<![CDATA[And Madison Avenue created woman]]> There are women on the Internet. Did you know? Madison Avenue is just figuring this out, desperately looking for websites to stuff with female-targeted ad dollars. Lifetime, the cable network, just launched its own social network, mylifetime.com, with a lot of help from Glam Media's stable of female-centric blogs. Similarly, Warner Bros. announced entertainment and advice destination Mom Logic. Martha Stewart has launched Martha's Circle, an online ad network which represents other websites, and NBC Universal's iVIllage has struck a similar deal with Sugar Publishing. "It's kind of boring to say, but we really think content's king in this category," said Starcom's Jeff Marshall to AdAge. Boring, and false. The rule these days is sell the ads first, and find a place to put them later.

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