Google Backs Out of Radio Ads

August 9, 2009

Radio is one of the old media businesses that seems to be the victim of a real life vampire attack. iTunes and Internet radio have made the business unattractive to the Google. RadioWorld’s “WideOrbit Buys Google Radio Automation” explains the details of the deal. There is not much to add. Google bought a property that does not have lift. That property and the money are now gone. Move on.

Stephen Arnold, August 7, 2009

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