CenterNetworks has news of a partnership between Google and Hearst-Argyle Television:
Hearst-Argyle Television (NYSE:HTV) and Google have entered a new strategic agreement today where Hearst-Argyle, operator of 29 TV stations and more than 30 Websites, will become an official reseller and will use its Web sales force to provide marketers in its 26 local markets access to Google AdWords.
What this means is that Hearst-Argyle will now sell more comprehensive advertising solutions to its clients. Instead of just print and television, now they can also leverage online – helping to increase control over a client’s advertising budget.
Hearst-Argyle isn’t your daddy’s TV conglomerate anymore. With web properties such as HighSchoolPlaybook, they are branching out into a collaborative media group that is leveraging the existing (and dedicated) viewership of local TV stations to do a combination of traditional media buys, cost per action advertising and now collaborative deals with players such as Google.
Couple these social web properties and the deal with Google with increased political spending in ’08 and the upcoming Olympics (Hearst-Argyle owns NBC affiliate stations), and the picture is quite rosy for the company.
Don’t overlook companies such as Hearst when discussing the future of media or social media… they could be pointing to the future of media attention and spending.