Advertising

A look at how companies try to reach potential customers.

Newspapers’ Embarrassing Lobbying Campaign

The newspaper industry has crawled up Capitol Hill once again to beg for an antitrust exemption it believes would give the business needed in its fight with Google and Facebook for advertising dollars. Currently, Google and Facebook collect 73 percent of all digital advertising. Members of the news industry believe that the two tech giants have exploited their dominance of the Web to unfairly collect digital dollars that rightfully belong to them.

Google Made $4.7 Billion From the News Industry in 2018, Study Says

$4.7 billion is the amount that Google made from the work of news publishers in 2018 via search and Google News, according to a study by the News Media Alliance. That $4.7 billion is nearly as much as the $5.1 billion brought in by the United States news industry as a whole from digital advertising in 2018 — and the News Media Alliance cautioned that its estimate for Google’s income was conservative. For one thing, it does not count the value of the personal data the company collects on consumers every time they click on an article like this one.

The dangers of over-hyping 5G

5G mania has swept the wireless industry, regulators and tech enthusiasts — but the hype may be getting ahead of the market demand for it. When 4G launched, the US wireless market still had plenty of room to grow and revenue margins were relatively high. So the telecommunication industry's promotion of 4G service was more measured and less hyped. Now the wireless market is mature and has little subscriber growth (around 1%), so telecom companies are searching for ways to bring new revenue from current subscribers.

Behavioral Ad Targeting Not Paying Off for Publishers, Study Suggests

Behavioral advertising, which involves collecting data about readers’ online behavior and using it to serve them specially tailored ads, often through bits of code called cookies, has become the dominant force in digital advertising in recent years.

Disclaiming responsibility: How platforms deadlocked the Federal Election Commission's efforts to regulate digital political advertising

Digital advertisements used to interfere in the 2016 US presidential election lacked disclaimers stating who paid for them. This was deliberate on the part of the platforms: Facebook and Google actively sought exemptions from mandatory disclaimer requirements that are standard for print and broadcast media.

Senate Judiciary Committee GOP members split over antitrust remedies for big tech

At a Senate Judiciary Committee hearing about data privacy and competition policy, GOP senators signaled they are divided over whether to pursue antitrust enforcement against the country's largest tech companies.

How President Trump Is Outspending Every 2020 Democrat on Facebook

President Donald Trump’s re-election campaign has spent far more than any single Democratic presidential candidate on Facebook advertising, reprising a strategy that was central to his 2016 victory. Since entering the race late in April, former Vice President Joe Biden has pumped more than $1 million into Facebook ads, outspending President Trump’s campaign for three of the past four weeks. Much of President Trump’s spending on Facebook advertising in recent weeks has gone toward ads that have been seen by older Americans, particularly women 55 and older.

Sen Hawley Introduces Do Not Track Act

Sen Josh Hawley (R-MO) announced he will introduce the Do Not Track Act to give control over personal data back to users. The legislation: 

Social Media Pollution, a Huge Problem in the Last Election, Could Be Worse in 2020

Thanks to savvy lobbying by tech companies, online election campaign speech remains almost entirely unregulated. The platforms won exemptions from many campaign finance provisions by arguing that the rules would stifle their growth. They don’t have the legal requirements for ad disclaimers and disclosures — like keeping public logs of political sponsors — that television does. That’s how the Internet Research Agency, a home for troll accounts in St. Petersburg, Russia, could spend money on Facebook pages that worked for Hillary Clinton’s defeat without having to reveal its identity.

Sponsor: 

Senate Judiciary Committee

Date: 
Tue, 05/21/2019 - 15:00

Witnesses

  1. Professor Avi Goldfarb
    Ellison Professor of Marketing
    Rotman School of Management

    University of Toronto

    Toronto, Canada

  2. Dr. Fiona M. Scott Morton, Ph.D.

    Theodore Nierenberg Professor Of Economics

    Yale School of Management

    New Haven , CT

  3. Mr. Brian O'Kelley

    Founder And Former CEO

    AppNexus Inc.

    New York , NY

  4. Dr. Johnny Ryan, Ph.D.

    Chief Policy & Industry Relations Officer

    Brave

    San Francisco , CA