Tuesday, February 17, 2009

Betawave

Online ad outfit Betawave (f/k/a GoFish) is launching a new online video syndication platform to deliver original video content to its youth-targeted publishing partners. The Betawave TV network will consist of several regularly-refreshed ad supported channels of content produced exclusively for the platform including lifestyle segments narrative by That's So Raven star Raven Symone; shorts and full-length movies from Cookie Jar Entertainment; and Live From The Red Carpet  consisting of interviews shot and uploaded live from movie premiers and launch parties; as well as Teek/Kid News; Young Hollywood offering celebrity programming. Competition to attract kids traffic online is fierce and word on Madison Avenue is that media buyers are looking to spread the wealth to allocate at least half of their kids' budgets outside of the large media portals such as Disney.com and Nick.com. Betawave aggregates smaller publishers like digital doll site Cartoon Doll Emporium www.cartoondollemporium.com with a total audience of 25 million or so to give advertisers the reach they need. "A lot of smaller publishers have built compelling sites with audiences of 1-2 million but they have trouble getting face time with ad agencies," said Jim Moloshok, Executive Chairman of Betawave.

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