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On Friday, the YouTube Blog announced that the video sharing site was starting to test full-length programming. Apparently, YouTubers have been asking “to be beamed up with Scotty, to devise a world-saving weapon using only gum and paperclips, and to get your grub on at ‘The Peach Pit’.”

Hey, I’m not making this up. Go to the YouTube Blog and read it yourself.

Through a deal with CBS, YouTube is now offering “Star Trek,” “MacGyver,” and “Beverly Hills, 90210” to the 91 million viewers in the U.S. who watch 5 billion videos a month (54.8 videos per viewer). Yes, yes, comScore Video Metrix reports there are another 19.7 million viewers in the U.K who watch 1.4 billion videos a month on YouTube.com (72.4 videos per viewer). But, I’m sorry, I can’t find out how many there are in Canada.

Nevertheless, the YouTube Blog says, “These shows will be available in the new Theater View style we rolled out earlier this week, which provides optimal experience for watching full-length programming on your computer.”

Yes, yes, but what does this mean to search engine marketers?

The YouTube Blog adds, “As we test this new format, we also want to ensure that our partners have more options when it comes to advertising on their full-length TV shows. You may see in-stream video ads (including pre-, mid- and post-rolls) embedded in some of these episodes; this advertising format will only appear on premium content where you are most comfortable seeing such ads.”

Ah, ha! You knew there was a catch!

Still, in order to make it clear to viewers, YouTube has labeled all full-length videos with a Film Strip symbol so they’ll know what kind of content they’re choosing to watch and what type of ads they might see.

I can’t wait to share this news with Matt Bailey, the founder of SiteLogic. My business partner, Jamie O’Donnell, talked with Matt about Trekkie lore and web analytics at SES San Jose 2008. Matt was the first to analyze “the Red Shirt Phenomenon.” (As any die-hard Trekkie knows, if you are wearing a red shirt and beam down to the planet with Captain Kirk, you’re gonna die.) But, check out the YouTube video below to hear Matt’s analysis for yourself.

Measuring Web 2.0 with Star Trek - & SiteLogic’s Matt Bailey

By the way, Matt Baily will be teaching one of the Search Engine Marketing Training Workshops at SES Chicago 2008. It’s the Search & Analytics Workshop: Using Analytics to Increase Search Effectiveness, which will be held on Friday, Dec. 12, 2008.

To prepare you for Matt’s workshop, here are some basic stats:
The Enterprise had a crew of 430 during its five-year mission (although, the show was only on the air for 3 years). In the 80 episodes that were produced, 59 crewmembers were killed, which represents 13.7% of the crew. So, that’s what Matt uses as the overall “conversion rate.”

Heck, I can’t explain it as well as he does. So, watch the video interview above — read his article over on the ClickTracks site — or prepare to be amazed during his workshop at SES Chicago.

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Hindsight is always 20/20, and that Microsoft acquisition offer for Yahoo earlier this year is looking sweeter by the moment looking in the rear view mirror. Too bad Yahoo rejected the $31 per share offer, because their stock has plummeted to $13 a share this week.

To be fair, some of the drop is due to the greater markets. Even Google is down to the mid-$300s after being up around $580 earlier this year. Another major factor is that Google and Yahoo have delayed the implementation of their search advertising deal.

Yesterday, Brian Sullivan at Fox Business was asking “Where’s the shareholder outrage?” While the markets are offering plenty of outlets for a variety of shareholder outrage, at least one Yahoo investor, Mithras Capital, is proposing a new Microsoft-Yahoo deal.

The deal would have Microsoft buying Yahoo for $22 a share. We know why the investor wants this: They want to recoup some of their losses.

But at this point, what’s in it for Microsoft? Yahoo continues to lose search market share and seems to be more concerned with securing the proving grounds of executives than building a business model based on users.

We know by now that banks, Fannie Mae and Freddie Mac were structuring their businesses to benefit executive bonuses. We also know that Yahoo did the same thing to throw a wrench into the Microsoft deal.

Is their really any faith left that Yahoo is on the mend? The Google advertising partnership only works if Yahoo starts regaining market share. But without innovation in search, that’s not going to happen.

I firmly believe that there are plenty of bright minds at Yahoo, but like far too many companies, management gets in the way.

A merger with AOL still might be a good idea though. Yahoo has strong portal properties, including Sports and Finance. AOL’s Platform-A consistently performs as the top ad network. AOL has also been making tiny gains in search. If you put their strengths together, you just might have something worth saving.

For the time being, though, it looks like investors should have sold their stock long ago. Microsoft has to be prepared for tough economic times, and I’m not sure throwing billions away on Yahoo’s flailing search product is a wise investment at this point.

Digital advertising company MIVA has released an update of their toolbar, enabling customizable features. MIVA is also launching a customizable homepage and a widget site, ALOT Buttons, for their customers.

The ALOT brand launched in the last quarter of 2007 with the theme “Make the Internet Easy.” ALOT products aggregate proprietary content and third party content across vertically themed toolbars and homepages.

“We believe that growth of the ALOT brand to date is due largely to our vertical product strategy and believe that today’s launch is a natural progression that will enable us to further build on this success,” commented Peter Corrao, President and Chief Executive Officer, MIVA. “With our new personalized products, users can continue to install vertical toolbars and homepages optimized for their specific interests, but can now also personalize their products by adding widgets from our expanding widget library.”

Related Reading:
MIVA Unveils Plans for New Online Advertising Platform
MIVA Reports $6.5 Million Second Quarter 2008 Loss
MIVA Rejects blinkx Acquisition Offer
Another Year, Another Reorganization for MIVA
Miva Usurps Google in the Publishing Industry

To achieve SERP nirvana, your search engine optimization and paid search efforts must have the same goal. In today’s Search Marketing Crossfire column, “Is Your SEM Truly Looking at Search Holistically?,” Chris Boggs and Frank Watson offer five important questions to make sure your potential search vendors view search holistically when updating ongoing strategy and planning considerations.

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Google CEO Eric Schmidt must love controversy. In a speech to magazine executives Wednesday he called the internet “a cesspool”, AdAge reported.

I don’t know if that makes Google a sewerage company, but I think Schmidt should realize that many look at Google as their filter to the web. Employees like Matt Cutts spend all their time working on ‘purifying’ the results, to expect publishers to be the answer may not be the right approach.

Criticizing opponents to the Yahoo-Google ad deal may not be a smart move given the recent drop in value of the once “golden child” of the web. Schmidt challenged “if you are going to criticize us, criticize us properly.” Claiming ad prices would not increase under the Google Yahoo ad deal.

Schmidt displayed a certain amount of callous aloofness when he avoided questions about how publishers could improve their ranking with Google.

“”We don’t actually want you to be successful,” he said. The company’s algorithms are trying to find the most relevant search results, after all, not the sites that best game the system. “The fundamental way to increase your rank is to increase your relevance,” he added” AdAge reported.

If you call the web a cesspool but do not offer insights to quality content providers who pay money to provide professional journalism I don’t think you are serious about cleaning it up, so much as taunting an economically challenged industry.

Soleil Securities has downgraded Google stock (GOOG) from “buy” to “hold.” Their reasoning is that ad-driven companies will see a slowdown to the weak economy and that Google is already experiencing a slowdown in growth of their ad revenues. Soleil analyst Laura Martin downgraded the price target for GOOG from $580 to $350. GOOG was at $334 at the time of this post.

Google will hold its 2008 third quarter earnings call and webcast next week.

Meanwhile, Local.com has announced a stock repurchase program. The program will last 18 months and the company may buy up to $2 million of outstanding common stock.

“The board of directors has confidence in our company,” said Heath Clarke, Local.com chairman and chief executive officer. “Local.com is a leader in the rapidly growing local search market with both patented and patent-pending technologies. We are gaining significant market share, increasing our organic traffic, growing our direct advertiser base and, as a result, projecting continued high growth.”

LOCM was at 1.89 at the time of this post. Its high is 2.36 and its low is 1.78.

Both GOOG and LOCM trade on the Nasdaq which was up 4.40 points at the time of this post.

Related Reading:
Local.com Partners with Hearst’s White Directory Publishers
Local.com Launches Ratings and Reviews Engine
Google Earnings Top $5.37 Billion in Revenue Q2 2008