Jeff Lanctot Says Ad Spend Moving Away From Portals

Avenue A’s senior VP for global media isn’t worried about Microsoft buying Yahoo. Or, as the Silicon Alley Insider headline puts it, “Microsoft + Yahoo = Irrelevant.”
“”There’s a perspective that going from three portals to two is bad for buyers. But spend is actually moving away from portals and much more broadly across the web, so I’m actually not concerned about moving from three to two, because we are really moving from 3 to 800.”
More at Ad Age:
“For the first time in the past four years, portals lost share of ad dollars year over year — at least from Avenue A/Razorfish, which releases its latest Digital Outlook report today. The shift comes after years of ad-dollar consolidation with the largest players online. In 2007, 19% of Avenue A’s media spending went to portals, down from 24% in 2006.”
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