{"id":5579,"date":"2021-11-05T11:34:09","date_gmt":"2021-11-05T11:34:09","guid":{"rendered":"https:\/\/publir.com\/blog\/?p=5579"},"modified":"2021-11-05T11:34:10","modified_gmt":"2021-11-05T11:34:10","slug":"digital-monetization-update-november-5-2021","status":"publish","type":"post","link":"https:\/\/publir.com\/blog\/2021\/11\/digital-monetization-update-november-5-2021\/","title":{"rendered":"Digital Monetization Update \u00e2\u20ac\u201c November 5, 2021"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>1.&nbsp;<\/strong><strong><a href=\"https:\/\/www.mediapost.com\/publications\/article\/368399\/google-my-business-rebrands-unwraps-new-local-too.html\" target=\"_blank\" rel=\"noreferrer noopener\">Google To Rebrand My Business App With Tools For Small Business (MediaPost)<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Google plans to rename \u00e2\u20ac\u0153Google My Business\u00e2\u20ac\u009d as \u00e2\u20ac\u0153Google Business Profile\u00e2\u20ac\u009d, and encourage small businesses to manage their profile directly on Search and Maps. Google has plans to rebrand the existing \u00e2\u20ac\u0153My Business App\u00e2\u20ac\u009d as \u00e2\u20ac\u0153Business Profile Manager\u00e2\u20ac\u009d in 2022 to support big businesses with multiple locations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2.&nbsp;<\/strong><strong><a href=\"https:\/\/www.emarketer.com\/content\/google-facebook-amazon-account-over-70-of-us-digital-ad-spending\" target=\"_blank\" rel=\"noreferrer noopener\">Google, Facebook &amp; Amazon Make Up 64% of $211B Digital Ad Spend (EMarketer)<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The US digital ad spend will reach $211 billion in 2021 according to the predictions of Insider Intelligence. Google, Facebook, and Amazon will make up 64% of the entire US digital ad spending in 2021, up 1% from the previous year. Strong performance of major digital ad companies and high ad prices has contributed to this growth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3.&nbsp;<\/strong><strong><a href=\"https:\/\/www.adweek.com\/performance-marketing\/google-ads-rolls-out-performance-max-globally\/\" target=\"_blank\" rel=\"noreferrer noopener\">Google Ads Rolls Out Performance Max To Boost Digital Ad Spend (AdWeek)<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Google Ads announced an ad unit called Performance Max that lets media buyer\u00e2\u20ac\u2122s book inventory across a range of Google properties, including YouTube, Search, Discover, Gmail, and Maps as part of a single campaign. This will help advertisers bolster their incremental reach. Google Ads offer this as complementary to keyword-based Search campaigns.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4.&nbsp;<\/strong><strong><a href=\"https:\/\/www.nytimes.com\/2021\/11\/03\/business\/media\/new-york-times-3q-earnings.html\" target=\"_blank\" rel=\"noreferrer noopener\">NYT Adds 455,000 Subscriptions in Q3 With Digital Domination (NYT)<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The New York Times declared adding 455,000 new digital subscriptions in the third quarter. While 320,000 signed for The Times\u00e2\u20ac\u2122s journalism, Games, Cooking, and Wirecutter, a product review site that offered subscriptions from September, added the rest. Times owns 8.4 million total subscriptions now and 7.6 million are digital.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5.&nbsp;<\/strong><strong><a href=\"https:\/\/www.theverge.com\/2021\/11\/3\/22761620\/facebook-apple-app-store-fees-subscription-links-creators\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook To Rollout Creator\u00e2\u20ac\u2122s Feature Without A Revenue Cut (TheVerge)<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Facebook to roll out a feature that allows creators to share custom web links directing their fans to pay them for subscriptions, using its native payments system. If a fan signs up through this link rather than Apple\u00e2\u20ac\u2122s in-app subscription, the creator will retain the entire money minus taxes. This is to beat Apple\u00e2\u20ac\u2122s 30% cut on creator\u00e2\u20ac\u2122s revenue.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>6.&nbsp;<\/strong><strong><a href=\"https:\/\/www.mediapost.com\/publications\/article\/368354\/advertising-outpaces-growth-in-consumer-spending-o.html\" target=\"_blank\" rel=\"noreferrer noopener\">Advertising Dominates Consumers\u00e2\u20ac\u2122 US Audio Spend In 2021 (MediaPost)<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With podcast ad spending projected to surge 32% this year, advertising will be the fastest-growing source of audio media revenue, outpacing the increase in direct consumer spending by over 14.4%, according to the 2021 PQ Media&#8217;s annual US Audio Media Forecast report. Direct consumer spending will be 59% of the $44.02 billion audio subscriptions.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>7.&nbsp;<\/strong><strong><a href=\"https:\/\/www.adexchanger.com\/tv-and-video\/alt-panel-provider-hyphametrics-is-on-a-mission-to-democratize-tv-measurement\/\" target=\"_blank\" rel=\"noreferrer noopener\">HyphaMetrics Alternative Tool To Nielson\u00e2\u20ac\u2122s TV Viewing Metrics (AdExchager)<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">HyphaMetrics, a measurement startup, is working on an alternative mechanism to measure TV viewers\u00e2\u20ac\u2122 metrics. It is currently working to scale to 5,000 homes and roughly 15,000 devices. According to its CEO Joanna Drews, the recent wave of interest in cross-media measurement approaches has inspired them to work on this project.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>8.&nbsp;<\/strong><strong><a href=\"https:\/\/www.thewrap.com\/paramount-plus-subscribers-47-million-showtime-viacomcbs\/\" target=\"_blank\" rel=\"noreferrer noopener\">ViacomCBS Offers Free Paramount+ For A Year To T-Mobile Customers (TheWrap)<\/a><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">ViacomCBS has 47 million paid global subscribers, thanks to its streaming platform Paramount+ and Showtime OTT in Q3. ViacomCBC aims to add subscribers by offering free \u00e2\u20ac\u0153Paramount+ Essential\u00e2\u20ac\u009d for one year to T-Mobil and Sprint\u00e2\u20ac\u2122s postpaid and home internet plan consumers from November 9. This offer is also valid for Paramount+ subscribers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1.&nbsp;Google To Rebrand My Business App With Tools For Small Business (MediaPost) Google plans to rename \u00e2\u20ac\u0153Google My Business\u00e2\u20ac\u009d as&#8230;<\/p>\n","protected":false},"author":3,"featured_media":5580,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[202],"tags":[],"class_list":["post-5579","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-updates"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/publir.com\/blog\/wp-json\/wp\/v2\/posts\/5579","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/publir.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/publir.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/publir.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/publir.com\/blog\/wp-json\/wp\/v2\/comments?post=5579"}],"version-history":[{"count":1,"href":"https:\/\/publir.com\/blog\/wp-json\/wp\/v2\/posts\/5579\/revisions"}],"predecessor-version":[{"id":5581,"href":"https:\/\/publir.com\/blog\/wp-json\/wp\/v2\/posts\/5579\/revisions\/5581"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/publir.com\/blog\/wp-json\/wp\/v2\/media\/5580"}],"wp:attachment":[{"href":"https:\/\/publir.com\/blog\/wp-json\/wp\/v2\/media?parent=5579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/publir.com\/blog\/wp-json\/wp\/v2\/categories?post=5579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/publir.com\/blog\/wp-json\/wp\/v2\/tags?post=5579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}