If in Vienna Talleyrand said “Europe, unhappy Europe” then today we should say “Ad-based digital publisher, unhappy ad-based digital publisher.”
I mean come on. We predicted this
on Research Access months ago.
Read this from adage today:
http://adage.com/digital/article?article_id=144884
And read this from Research Access from APRIL!
http://researchaccess.com/2010/04/the-enduring-cpm-and-its-discontents/
Pay special attention to this paragraph:
So while the CPM is not dead, most publishers are slowly killing the C. In attempting to relentlessly expand their audiences, they hurt their own businesses and simultaneously provide watered-down coverage for their advertisers.
Hey industry, tsk tsk!