Google serious about video? You bet

by Mathew on January 6, 2007 · Comments

There are likely to be some long faces at NBC this week. The network — which has gotten plenty of attention this year for its ambitious embrace of Web distribution and its decision to play nice with YouTube, also known as the “Lazy Sunday” effect — has lost Michael Steib, the senior executive that has been steering its new broadband initiatives. And where is Mr. Steib off to? Why, Google, of course.

lazysunday-thumb.jpg

PaidContent broke the news first, noting that Steib was the general manager of strategic ventures for NBC Universal, and the guy who founded and was responsible for NBBC — or the National Broadband Broadcasting Co., the unit that the network launched in September after watching the viral success of the Lazy Sunday video clip from Saturday Night Live a year ago.

From the sounds of it, Steib is going to be working on “monetizing” Google Video and YouTube by creating some sort of ad program. “We are pleased to have Michael Steib join the Google team to help us work with advertisers to create effective, measurable video advertising,” a Google spokesman told MediaPost. Will it be pre-roll ads? Post-roll? Pop-ups? Ashkan says Google wants to create AdSense for video.

Share:
  • Digg
  • del.icio.us
  • Facebook
  • E-mail this story to a friend!
  • Ma.gnolia
  • NewsVine
  • SphereIt
  • StumbleUpon
  • $10 says he'll toss some prerolls on there while he sits back smoking cigars waiting for his options to vest :D

    Surprisingly I find it a tad sad that NBC lost him - they had been one of the few traditional video distributors innovating. It will be fun to watch what they do now.
  • Mathew Ingram
    I agree, Fraser -- in a way, I think it's too bad that he left NBC. They were doing some interesting things. I wonder if he left because they didn't want to move as fast as he wanted to, or because Google backed a truck full of money up to his door.
  • I wonder if the prospect of being able to implement an exciting strategy at a much later phase was appealing rather than having to do the heavy lifting of building enough content and an audience around NBBC before he was able to start to monetize it.
  • Mathew Ingram
    Definitely a possibility -- that and the truck :-)
blog comments powered by Disqus

Older post: Daylife: The pitfalls of high expectations

Newer post: A back fence around a ghost town