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Article: Google Sets Sights on TV Ad Market; Executives Give Fresh Hints on Strategy.(TV Currents)
- Article from:
- TelevisionWeek
- Article date:
- May 15, 2006
- Author:
CopyrightCOPYRIGHT 2006 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Daisy Whitney
Google in eight short years has come to dominate the $12 billion Internet advertising market and the company is beginning to infiltrate radio and publishing.
Its next target? The $58 billion television ad market.
Google co-founders Larry Page and Sergey Brin and CEO Eric Schmidt last week provided new clues about their television strategy. The company is testing a TV advertising product internally and if it works, Google may seek partners in the TV industry, Mr. Schmidt said.
"There has been no fundamentally new breakthrough in TV since color,'' Mr. Schmidt said during a Google press event at its Mountain View, ...