Tag Archive for 'larry-page'

Google Video Charging Admission For TV Ads

To heap on one more thing to screw with your head this Friday, Google is selling vintage commercials through its Google Video search. You heard right, if you want to view the commercial, you’ll have to pay a dollar. Anybody else hear Gabriel’s trumpet?

Just a few weeks ago advertisers paid $2.5 million for a 30-second ad on the Super Bowl. Looks like some are trying to make that money back. Granted the commercials for sale through Google Video are vintage-commercials we knew and loved as kids-but some of these companies are still around.

Hang on. Let’s talk about the cool changes to Google Video and then get back to this. Google has added category tags-very YouTube-esque. This must have been what Larry Page was yelling about. Searchers who just want to browse videos can do so with the help of tags marked “Popular,” “Animation,” and “Educational,” among others. Sweet.

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Google Execs Keep $1 Salaries

Google CEO Eric Schmidt and co-founders and co-presidents Larry Page and Sergey Brin will retain the $1 paid salaries from 2005, according to a filing this week with the U.S. Securities and Exchange Commission. The three will instead rely on stock options and grants for their pay.

The action, approved by Google last week but only made known yesterday came during a week in which Google’s stock lost 14 percent amidst fears stemming from a flap with U.S. Justice Department. However, don’t expect to see these men on the streets any time soon. Google’s stock recovered 7 percent yesterday, meaning that Schmidt’s stock value alone increased $413.8 million in a single day of trading. His total wealth in shares is estimated at $6.3 billion.

Google’s policy of paying top executives $1 started in the second quarter of 2004, leading up to the company’s initial public offering in August 2004.

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