Google TV Ads hasn’t exactly gotten off to a flying start and things could look even more bleak with news the country’s six largest cable companies are joining forces to provide a competing service.
According to the NYT…
…executives from Comcast, Time Warner Cable, Cablevision, Cox Communications, Charter Communications and Bright House Networks…are making plans for a jointly owned company that would allow national advertisers to buy customized ads and interactive ads across the companies’ systems.
They’ve anted-up $150 million to fund the project and hope to increase their $5 billion in local cable advertising to $15 billion.
Of course, like all cool projects, they’ve come-up with a code name for their initiative…
…code-named Project Canoe to emphasize that the companies must all work together…
Alternatively, it’s named "Project Canoe" because they hope to force Google up the proverbial creek without a paddle.













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