Monster and the Akron Beacon Journal are launching a co-branded job search
and recruitment Web site, displacing the Ohio newspaper's former online job
board partner, CareerBuilder.
The deal marks the second time in the past few months that Monster has bested
CareerBuilder. In August, Monster rolled out a co-branded site with Philadelphia
Media Holdings, owner of The Philadelphia Inquirer, the Philadelphia Daily News
and Philly.com. Both papers had been CareerBuilder partners.
The Akron and the Philadelphia media properties were once part of the Knight
Ridder newspaper empire. Following McClatchy Co.'s $6.5 billion acquisition of
Knight Ridder, these and other outlets were sold off. Knight Ridder also held a
stake in CareerBuilder. Under this vast umbrella, the job board was official
partner of these and all other Knight Ridder media holdings.
A spokeswoman for CareerBuilder said the company had not renewed its
affiliation with the Beacon Journal following the divestiture of the paper by
McClatchy, but that the job board expects to continue driving substantial
traffic and value in the market and maintain its leadership position.
"This agreement further illustrates Monster's commitment to accelerate our
business by creating alliances that drive local market share," says Peter
Newton, senior vice president and general manager of small and medium business
at Monster.
In addition, the company hopes to leverage these types of deals to
personalize its brand and tap customers in key markets. Since the launch of its
venture with Philadelphia Media Holdings, Monster has experienced a 20 percent
increase in job listings locally.
The Beacon Journal, now owned by Black Press subsidiary Sound Publishing
Holdings, decided to partner with Monster to facilitate growth in the area of
online recruitment advertisement, says Ed Moss, publisher of the paper and
Ohio.com.
"Combining the strength of Monster, the leading online careers and
recruitment resource, with the local strength of the Akron Beacon Journal and
Ohio.com will provide advertisers with unparalleled reach and results that meet
their employment needs," he says.
The Beacon Journal has a circulation of more than 286,000 during the week and
406,000 on Sunday. Ohio.com registered 334,000 unique visitors during August.
The co-branded Web portal is expected to go live in mid-November.
This latest agreement underscores a burgeoning trend in the job board
industry toward more inter-media alliances. Philadelphia Media Holdings and the
Akron Beacon Journal may not be the only ones looking to play musical chairs
with their online partners.
Jody Lodovic, president of MediaNews Group—which purchased the San Jose
Mercury News and the Contra Costa Times from McClatchy—has made public comments
about exploring an online classified advertisement relationship with Yahoo
HotJobs.
—Gina Ruiz