Clear Channel Radio and Google Inc. signed a multiyear agreement that allows Google to broadcast 30-second radio ads on more than 675 of Clear Channel’s AM and FM stations.
The agreement strengthens the Internet behemoth’s move into offline media. Last week Google secured its dominance in online display advertising with the acquisition of DoubleClick.
Advertisers who use Google Audio Ads will gain national distribution that will allow them to reach specific audiences at specific times and in precise locations.
The agreement also opens up an additional sales channel for Clear Channel.
Clear Channel said in a statement that its focus on the most lucrative advertiser relationships and advertisers seeking specialized advertising packages would continue. Google will focus on advertisers who advertise online but not on the radio.
Clear Channel aims to differentiate its on-air ad inventory. The company created a number of special positions, including new spot types, adlets, blinks and combinations of online and on- and off-air packages.
As a result, the broadcaster produced many new advertiser alternatives and steady gains in yield-per-minute revenue.
The new agreement complements an existing text ad partnership.
