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EP1026610A2 Expired / Lapsed EP ⏱️ 0.0 years remaining

Method and system for selling and purchasing media advertising over a distributed communication network.

Assignee: DirectRep LLC
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Filing: 2000-02-07
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Granted: —
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Expires: 2020-02-07
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Abstract

Abstract A method and system for buying and selling media advertising units over a distributed communication network, such as the Internet, provides a server on network including a database containing information pertaining to available advertising units, such as advertising time slots in television programming schedules, provided by media content providers. The server provides buyers of the advertising units access to the database over the network, whereby buyers may search the database and make bids to the sellers for selected advertising units. Sellers of advertising units access the database over said network to enter the information, receive bids entered by buyers, accept bids, and enter contracts into the server for communication to buyers over the network.

Inventors

  • 👤 Justin Del Sesto

Bibliographic Details

Application Number —
Jurisdiction EP
Data Source google_patents
Last Synchronized 2026-10-30 04:18
CPC Classifications
G; G06; G06Q; G06Q30/00; G06Q30/02; G06Q30/06; G06Q30/0601; G06Q30/0641; G06Q40/00; G06Q40/04

Claims Analysis

Total Claims: 56
Claim 1
Independent Claim 149 words
A method for buying and selling media advertising units over a distributed communication network, comprising the steps of: providing a server on said network, said server including a database containing information pertaining to available advertising units in conjunction with specific media content provided by media content providers; providing buyers of said advertising units access to said database over said network, whereby said buyers may enter desired search parameters into a search engine and receive search results indicating particular advertising units meeting the search criteria; receiving bids on advertising units selected by buyers from said search, and communicating said bids to sellers of said advertising units; and providing sellers of said advertising units access to said database over said network, whereby said sellers may enter said information, receive bids entered by said buyers, accept said bids, and enter contracts into said server for communication to said buyers over said network.
Claim 2
Dependent Claim 17 words
The method of claim 1, wherein said advertising units comprise advertising time slots associated with television content.
Claim 3
Dependent Claim 17 words
The method of claim 1, wherein said advertising units comprise advertising time slots associated with radio content.
Claim 4
Dependent Claim 17 words
The method of claim 1, wherein said advertising units comprise advertising space associated with Internet content sites.
Claim 5
Dependent Claim 16 words
The method of claim 1, wherein said advertising units comprise advertising space associated with commercial publications.
Claim 6
Dependent Claim 24 words
The method of claim 2, wherein said information includes program times, days of week, category according to defined time segments, and demographic viewer information.
Claim 7
Dependent Claim 26 words
The method of claim 1, wherein said server includes a make-good bank that accounts for credits owed to specific buyers as a result of unfulfilled contracts.
Claim 8
Dependent Claim 29 words
The method of claim 1, wherein said server includes a financial interface for interacting with accounting systems of said buyers and sellers over said network to settle contract payments.
Claim 9
Dependent Claim 33 words
The method of claim 1, further including the steps of receiving from buyers advertising content in digital form over said network, and transmitting to sellers over said network advertising content received from buyers.
Claim 10
Dependent Claim 21 words
The method of claim 1, further including the step of allowing buyers to search advertising units availability by media content provider.
Claim 11
Dependent Claim 20 words
The method of claim 1, further including the step of allowing buyers to search advertising units availability by geographic market.
Claim 12
Dependent Claim 20 words
The method of claim 1, further including the step of allowing buyers to search advertising units availability by demographic profile.
Claim 13
Independent Claim 162 words
A system for buying and selling media advertising units over a distributed communication network, comprising: a server coupled to said network, said server including a database containing information pertaining to available advertising units in conjunction with specific media content provided by media content providers; advertising buyer stations coupled to said network, providing buyers of said advertising units access to said database over said network, whereby said buyers may enter desired search parameters into a search engine and receive search results indicating particular advertising units meeting the search criteria; said server receiving bids on advertising units selected by buyers from said search, and communicating said bids to sellers of said advertising units; and advertising seller stations coupled to said network, providing sellers of said advertising units access to said database over said network, whereby said sellers may enter said information, receive bids entered by said buyers, accept said bids, and enter contracts into said server for communication to said buyers over said network.
Claim 14
Dependent Claim 17 words
The system of claim 13, wherein said advertising units comprise advertising time slots associated with television content.
Claim 15
Dependent Claim 17 words
The system of claim 13, wherein said advertising units comprise advertising time slots associated with radio content.
Claim 16
Dependent Claim 17 words
The system of claim 13, wherein said advertising units comprise advertising space associated with Internet content sites.
Claim 17
Dependent Claim 16 words
The system of claim 13, wherein said advertising units comprise advertising space associated with commercial publications.
Claim 18
Dependent Claim 24 words
The system of claim 14, wherein said information includes program times, days of week, category according to defined time segments, and demographic viewer information.
Claim 19
Dependent Claim 26 words
The system of claim 13, wherein said server includes a make-good bank that accounts for credits owed to specific buyers as a result of unfulfilled contracts.
Claim 20
Dependent Claim 29 words
The system of claim 13, wherein said server includes a financial interface for interacting with accounting systems of said buyers and sellers over said network to settle contract payments.
Claim 21
Dependent Claim 32 words
The system of claim 13, further including means for receiving from buyers advertising content in digital form over said network, and transmitting to sellers over said network advertising content received from buyers.
Claim 22
Dependent Claim 20 words
The system of claim 13, further including means for allowing buyers to search advertising units availability by media content provider.
Claim 23
Dependent Claim 19 words
The system of claim 13, further including means for allowing buyers to search advertising units availability by geographic market.
Claim 24
Dependent Claim 19 words
The system of claim 13, further including means for allowing buyers to search advertising units availability by demographic profile.
Claim 25
Independent Claim 134 words
A method for buying and selling media advertising units over a distributed communication network, comprising the steps of: providing a server on said network, said server including a database containing information pertaining to available advertising units in conjunction with specific media content provided by media content providers; providing buyers of said advertising units access to said database over said network, whereby said buyers may view particular advertising units for sale by sellers; receiving bids on advertising units selected by buyers, and communicating said bids to sellers of said advertising units; and providing sellers of said advertising units access to said database over said network, whereby said sellers may enter said information, receive bids entered by said buyers, accept said bids, and enter contracts into said server for communication to said buyers over said network.
Claim 26
Independent Claim 81 words
A method for delivering advertising content to a media seller over a distributed communication network, comprising the steps of: providing a central server having a storage medium, said server being connected to said network; enabling a plurality of independent buyers of advertising units sold by advertising sellers, to input to said storage medium advertising content to be displayed by said advertising sellers; and enabling individual advertising sellers to retrieve from said storage medium stored advertising content for display by said sellers.
Claim 27
Dependent Claim 12 words
The method of claim 26, wherein said advertising content comprises television commercials.
Claim 28
Dependent Claim 12 words
The method of claim 26, wherein said advertising content comprises radio commercials.
Claim 29
Dependent Claim 12 words
The method of claim 26, wherein said advertising content comprises print advertising.
Claim 30
Dependent Claim 13 words
The method of claim 26, wherein said advertising content comprises Internet advertising content.
Claim 31
Dependent Claim 29 words
The method of claim 7, further comprising the step of retrieving information on fulfilled and unfulfilled advertising units, and crediting the buyer's make-good account for an unfulfilled advertising unit.
Claim 32
Independent Claim 89 words
A method for bidding on available advertising units via a distributed communication network, comprising the steps of: creating a primary search profile including at least one of a plurality of search criteria; transmitting an instruction to apply the search profile to a data base having available advertising units; receiving a list of a plurality of available advertising units meeting said search profile, and storing said list as a shopping list; and transmitting an instruction to bid for at least one of the available advertising units in the shopping list.
Claim 33
Dependent Claim 22 words
The method of claim 32, wherein the step of creating a primary search profile includes specifying flight dates, market, daypart, and category.
Claim 34
Dependent Claim 31 words
The method of claim 32, further comprising the step of specifying at least one additional search criteria, and searching the shopping list for available advertising units meeting said additional search criteria.
Claim 35
Dependent Claim 19 words
The method of claim 32, further comprising the step of specifying in the bid instruction a proposed purchase price.
Claim 36
Dependent Claim 25 words
The method of claim 32, further comprising the step of specifying in the bid instruction that the purchase should be credited against a make-good credit.
Claim 37
Dependent Claim 17 words
The method of claim 32, further comprising the step of transmitting an instruction to delete the bid.
Claim 38
Dependent Claim 16 words
The method of claim 32, further comprising the step of receiving an acceptance of the bid.
Claim 39
Dependent Claim 22 words
The method of claim 38, further comprising the step of, after receiving the acceptance, transmitting an electronic payment for the accepted bid.
Claim 40
Dependent Claim 28 words
The method of claim 38, further comprising the step of, after receiving the acceptance, transmitting to the data base advertising content to be used in the advertising unit.
Claim 41
Independent Claim 87 words
A method for selling advertising units via a distributed communication network, comprising the steps of: specifying information about a plurality of available advertising units, each of said available advertising units corresponding to an advertising slot; transmitting an instruction to store the specified information in a data base having available advertising units; receiving a bid for at least one of a plurality of available advertising units; reviewing the bid; and transmitting an acceptance of the bid if specified criteria are met, otherwise transmitting a rejection of the bid.
Claim 42
Dependent Claim 47 words
The method of claim 41, wherein the step of specifying information about a plurality of available advertising units includes the step of specifying a default schedule, spawning at least one child lock-in schedule from the default schedule, and attaching an available advertising unit to the lock-in schedule.
Claim 43
Dependent Claim 31 words
The method of claim 41, further comprising the steps of bundling a plurality of available advertising units into a special bundle inventory, and receiving a bid for the special bundle inventory.
Claim 44
Dependent Claim 23 words
The method of claim 41, further comprising the step of receiving advertising content for the bid, after transmitting an acceptance of the bid.
Claim 45
Dependent Claim 106 words
A computerized system for bidding on available advertising units via a distributed communication network, comprising: primary search profile data including at least one of a plurality of search criteria; a search instruction, responsive to a user command, indicating that the primary search profile is to be applied to a data base having a plurality of available advertising units; a list of a plurality of available advertising units meeting said search profile, received in response to said instructions, stored as a shopping list; and a bidding instruction, responsive to a user command, to bid for at least one of the available advertising units in the shopping list.
Claim 46
Dependent Claim 17 words
The system of claim 45, wherein the primary search profile includes flight dates, market, daypart, and category.
Claim 47
Dependent Claim 31 words
The system of claim 45, further comprising a second search instruction having additional search criteria, to be applied to the shopping list for available advertising units meeting said additional search criteria.
Claim 48
Dependent Claim 15 words
The system of claim 45, further comprising a proposed purchase price in the bid instruction.
Claim 49
Dependent Claim 23 words
The system of claim 45, further comprising a specification in the bid instruction that the purchase should be credited against a make-good credit.
Claim 50
Dependent Claim 13 words
The system of claim 45, further comprising an instruction to delete the bid.
Claim 51
Dependent Claim 20 words
The system of claim 45, further comprising stored advertising content, to be transmitted responsive to an acceptance of the bid.
Claim 52
Dependent Claim 21 words
The system of claim 45, further comprising an instruction to transmit an electronic payment, responsive to an acceptance of the bid.
Claim 53
Dependent Claim 104 words
A computerized system for selling advertising units via a distributed communication network, comprising: locally shared information about a plurality of available advertising units, each of said available advertising units corresponding to an advertising slot; an instruction, responsive to a user, to store the specified information in a remote database having available advertising units; an acceptance instruction, responsive to a received bid for at least one of a plurality of available advertising units, if specified criteria are met, advising of acceptance of the bid; and a rejection instruction, responsive to the received bid, if specified criteria are not met, advising of rejection of the bid.
Claim 54
Dependent Claim 42 words
The system of claim 53, wherein the information about the plurality of available advertising units includes a default schedule, at least one child lock-in schedule spawned from the default schedule, and at least one available advertising unit attached to the lock-in schedule.
Claim 55
Dependent Claim 22 words
The system of claim 53, further comprising an instruction to bundle a plurality of available advertising units into a special bundle inventory.
Claim 56
Dependent Claim 13 words
The system of claim 53, further comprising advertising content corresponding to the bid.

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