Fox Invades the CNN Henhouse, Microsoft Wants Justice
turbotodd 100000388Y Visits (2341)
Hey, what happened to Soledad O'Brien and Miles O'Brien??!! Bring them back!
I turn on the telly this morning, and there's Larry King live on "American Morning" interviewing Kiran Chetry and John Roberts!
I knew the cancellation of "Imus in the Morning" caused some disruption in the mass media marketplace, but c'mon, ya didn't have to bail on the O'Briens, now did ya?
Well, the ploy backfired in the Turbo household as I immediately showed "American Morning's" Nielsen representative out the back door.
Then, I dusted off my remote for the NBC channel to check out "The Today Show" after who knows how many weeks (months?? years??).
Looking real good in HD, Matt and Meredith, I must say...Long as you give me some real news between your cooking packages, ya'll will do just fine.
Meanwhile, the New York Times is reporting that Microsoft has called for government intervention in Google's announced acquisition of DoubleClick.
Turnabout is fair play, I guess.
GigaOM's Om Malik does a deeper dive on the merger in his interview with Organic CEO Mark Kingdon, highlighting the weekend flurry of Google news, including the partnership with Clear Channel Communications to sell radio ads.
This just in time for a possible private equity buyout of Clear Channel from Bain Capital and Thomas Lee Partners.
(Is it just me, or is it the M&A bankers and lawyers cleaning up with all this dealmaking??)
As Mr. Malik explains in his post, "If there was any need for proof that Google considers advertising its core competency, then last few days provide ample testimony to that fact...The DoubleClick acquisition showed that Google is willing to spend any amount of money to defend its advertising turf."
Boy howdy and then some.
I think it's probably a little too soon to tell if the free marketplace will be a winner or loser -- it could easily be argued that Google and DoubleClick businesses are sufficiently distinct enough not to merit warranted antitrust complaints.
Alas, logic has never stopped the inclination to drive antitrust suits, particularly by competitors and incumbents whose businesses could be negatively impacted by major mergers.
Me, I still maintain that consumer privacy is the big loser (Go head, hold a big "L" against your forehead) in the deal, and hope and pray that Google and DoubleClick can convince me over time that those concerns are unwarranted (in deeds, not words).