Today at an NADA session on online media I caught some news from the presenter with insider info as it was breaking (or very shortly there after). Pandora – the online jukebox that grew out of the Music Genome project – will now be adding in-stream ads to their content. You can read the complete story at WIRED.The folks at Pandora didn't come to this decision lightly. This is just their latest attempt to monetize their site, no doubt brought on with renewed urgency by the troubled economy (Pandora recently let staff go). Personally, I'd thought that they'd had some recent flashes of ad brilliance with well-executed portal takeovers by Dos Equis and Apple. However, it seems that this combined with their display ads have failed at moving the needle significantly thus the addition of the in-stream ads which takes away one of Pandora's unique selling points (for $36 you can subscribe to their premium service which remains ad-free).
What do you think of this? Does this reduce what used to be unique online radio to ... well, radio radio? Are their other ways to monetize a website other than just placing ads on it?
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