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Weekend Media Watch: Andy Rooney Dies at 92, Pandora Seeks More Ad Revenue, Facebook Adds Ads

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by Maggie Lange
November 5, 2011 10:47 AM
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Andy Rooney, 60 Minutes
Andy Rooney, 60 Minutes

The consistent thing about Facebook’s constant changes: the levels of frustration they cause. Today, TechCrunch reports that the social media site will begin placing advertisements in the real-time updates portion of the homepage. Events, ticker, and birthday announcements have been placed below these ads.

- The beloved old grouch, CBS News commentator Andy Rooney, passed away Friday night in a New York hospital at age 92 from complications after minor surgery. Famed for his weekly curmudgeonly and humorous commentary “A Few Minutes with Andy Rooney” on 60 Minutes, the news legend was “America’s bemused uncle, spouting homespun wisdom weekly at the end of 60 Minutes, a soupcon of topical relief after the newsmagazine’s harder-hitting segments,” wrote the Wall Street Journal‘s Stephen Miller.

- While Pandora, the online music playlist-maker, hoped to rival and perhaps replace traditional radio, now Pandora’s executives wish that advertisers thought of them more like a traditional wireless. “It’s really absurd there’s not an apples-to-apples” comparison, said founder Tim Westergreen to advertising executives at Horizon Media. AdAge writes that while Pandora’s advertising revenues were only $176 million of the $17 billion spent on radio advertising last year, Pandora reports that it owns almost 4% of the radio market share in the U.S.

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More: Web/Tech, Facebook, Marketing, TV, Obit

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