Home Ad Exchange News Merkle Acquires Digital Agency Axis41; Snapchat Continues Its Quest To Appease Advertisers

Merkle Acquires Digital Agency Axis41; Snapchat Continues Its Quest To Appease Advertisers

SHARE:

winwinHere’s today’s AdExchanger.com news round-up… Want it by email? Sign-up here.

Merkle Diversifies

Merkle acquired Axis41, a Salt Lake City-based digital agency focused on web and app design and customer experience. Axis41’s special partnership with Adobe’s Experience Manager was a main driver of the deal. (Dentsu-owned Merkle is a big Adobe shop with expertise in Adobe’s campaign and analytics platforms.) The acquisition also brings $25 million in revenue to Merkle’s “marketing cloud” practice and adds digital creative talent to its team of data and analytics experts. Read the release. The deal comes just days after Merkle won Time Warner’s $250 million media account.

Snapchat’s Menu

In the next chapter as Snapchat cozies up to advertisers, it will unlock new features and (slightly) lower prices, reports Digiday, which got access to a recent sales pitch. Snap to Unlock will allow users to take a snap to unlock a geofilter, but it’s only available to advertisers who spend at least $750,000 on ads each quarter. To entice (somewhat) smaller spenders, Snapchat is lowering its holiday-themed discover package to $25-$37 CPMs, down from the $40 CPM it was asking this summer. Snapchat is also creeping into sports TV territory. Super Bowl ads will go for $25,000, NBA packages for $95,000 to $4.5 million (!) and March Madness packages for $150,000 to $600,000. IPO, anyone? More.

Do EU Mind?

There’s no love lost between Silicon Valley and the European Union. On Thursday, Google formally rebutted the EU’s antitrust charges against its price comparison service, Google Shopping, and its ad placement product, AdSense. It’s been six years since Europe first started seriously scrutinizing Google. In a blog, Google general counsel Kent Walker declared that the EU’s accusations were factually, legally and economically baseless. “We never compromised the quality or relevance of the information we displayed,” Walker wrote. “On the contrary we improved it. That isn’t ‘favoring’ – that’s listening to our customers.” In the coming days, Google will respond to a third EU charge accusing it of using its Android OS to promote its own products at the expense of rivals. More at Reuters.

Facebook, M.D.

Pharma wants in on digital advertising, and Facebook wants to take it there. The $5.4 billion pharmaceutical ad industry has been slow to migrate to digital due to strict FDA regulations, Adweek reports. Pharma companies have been advertising on Facebook for some time, but some new features are questionable, Stat reports. Companies can now turn off comments on pages that promote drugs, a potential regulatory violation if those comments report side effects. “Pharma is as anxious to use social media as social media is to sell it to them,” said Bob Ehrlich, CEO of DTC Perspectives.

But Wait, There’s More!

You’re Hired!

Tagged in:

Must Read

Los Angeles, California - 26 February 2023: Reddit social media platform displayed on smart device

Reddit Is Going Login Only. Blame Google

Starting in Q4, Reddit will test logged-in-only mode to protect its user engagement, improve ad targeting and keep AI from scraping its content.

DoorDash Acquires Instacart As Consolidation Comes For Mobility Media

DoorDash on Thursday confirmed the rumors and announced its intention to acquire Instacart at a $17 billion valuation.

Meta’s $25 Billion Privacy Fine In New Mexico Is A Big Number. But Is It A Big Deal For Ad Tech?

Last week, a district court judge in New Mexico ordered Meta to pay $25 billion for misleading Facebook users about how it handled their data. Does it matter?

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Gamechanger (Google lost the DOJ's search antitrust case)

Google Earned More Than $100 Billion In Ad Revenue Last Quarter, But Is It Even An Ad Business?

Google earned $127.6 billion in Q3, up 25% year over year, practically all of which came from ads. Yet advertising hardly came up during its earnings call on Wednesday evening.

Flat Hand Holding a magnifying glass, find the person you want from many people. Find the right thing for you.

Meta Has A New Ad Ranking System Built On LLMs, Plus Upgrades To Andromeda And GEM

Meta now scores every eligible ad for every impression at more than a billion ads per second, one of three ad ranking upgrades Meta announced on Wednesday.

Marketbridge Acquires The B2B Advertising And Analytics Startup Channel99

The agency services group Marketbridge added to its portfolio on Tuesday by announcing its acquisition of Channel99, a B2B advertising and attribution tech company.