Water Cooler Games served as the web's primary forum for "videogames with an agenda" — coverage of the uses of video games in advertising, politics, education, and other everyday activities, outside the sphere of entertainment.
The site was maintained at watercoolergames.org from 2003-2009, where it was edited by myself and Gonzalo Frasca. It is now archived here in full.
Dean Takahashi reports that Google will start rolling out their AdSense advertising product into online games, starting with Flash games. No surprise really, and in fact Google's late to the party given the availability of such services already. Nevertheless, Google's size and muscle might be the necessary break to make ads more reliable and profitable for game developers and publishers; for example, by increasing the sell through of inventory, a notorious problem.
Takahashi predicts Google will move into PC, consoles, and mobile as well, which seems likely. But nothing despite the requisite citation of Yankee Group research suggesting a billion dollar market for in-game ads, billboard-style ads still undermine games and advertising more than advancing either. And that's something even Google won't be immune to.
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