Financial Times FT.com

Google fails to export ad success to print

By Chris Nuttall in San Francisco and Kenneth Li in New York

Published: January 20 2009 23:33 | Last updated: January 20 2009 23:33

Google’s efforts to export its advertising success to the newspaper industry have ended in failure with the closure of its Google Print Ads service.

The Silicon Valley company said on Tuesday it had hoped to create a new revenue stream for the embattled newspaper industry and produce more relevant advertising for consumers, but admitted: “The product has not created the impact that we – or our partners – wanted.”

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