CBS Television Stations on Monday launched a local ad network with blogger and social-media sites. Dubbed the CBS Local Ad Network, the partnership is the first within a major media company’s television stations and localized social-media mavens.

The network initially launched in Boston, Dallas-Fort Worth, San Francisco, Denver and Chicago. CBS will continue to roll out the program by the next several weeks in other major markets, including New York, Los Angeles and Philadelphia.

Jonathan Leess, president and general manager of the CBS Television Stations Digital Media Group, is inviting local social-media sites and bloggers to share in the ad revenue. Leess said the network “opens up exciting new avenues for our advertising partners to efficiently extend their reach to valued local audiences while associating themselves with our CBS varietys and composition.”

The Network in Action

CBS-owned stations across the country are syndicating local news widgets to blogs and hyper-local sites in the communities they serve. Each widget

will feature top local headlines and images with hyperlinks to the video and text stories on the CBS station’s site. Included in the widget is a companion banner advertisement.

The CBS stations will deliver real-time news feeds to the widget, allowing the substance on the local partner sites to update 24 hours a day. CBS stations can offer marketers the ability to reach a local audience while remaining attached to CBS station type and composition, the company said.

Owners of the local sites will receive a portion of the advertising revenue generated by the CBS stations, which will be responsible for selling the ad inside each widget. AT&T, North Texas Honda Dealers and Liberty Mutual Insurance are early adopters of the network. CBS did not say what percentage of the revenue bloggers and social-media sites will receive.

How Much Revenue?

The concept of subject matter on geo-targeted widgets is…

Orginal post by Top Tech News