Home Ad Exchange News Mediaocean On The Block; Amazon And Google In Race To Spin Up Ad Clouds

Mediaocean On The Block; Amazon And Google In Race To Spin Up Ad Clouds

SHARE:

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

Vista Strikes Again

Private equity firm Vista Equity Partners has put Mediaocean on the block at more than $1.5 billion, The Wall Street Journal reports. Vista took over Mediaocean in August 2015 at a $720 million valuation, so closing above $1.5 billion would be a home run. And earlier this month Vista sold Marketo to Adobe for $4.8 billion, a $3 billion premium over the $1.8 billion it paid to take the company private two years ago. Potential Mediaocean buyers include big software companies and other private equity firms, according to the Journal. More.

Heads In The Clouds

Amazon’s ad platform is following the breadcrumb trail left by Google. Both companies are working on cloud-based advertising and analytics suites to monetize first-party data without that data leaving the platform. Just as Google has its Ads Data Hub, Amazon is working with agencies and brands on pilot programs for similar “clean room” environments where ecommerce and search history data could be purchased for targeting or measurement, Ad Age reports. But Amazon is years behind Google in terms of its ad tech stack. The self-service platform is clunky and it only this year launched a pixel for campaign tracking. But Amazon leads Google in one important way. Google has only a small slice of the cloud infrastructure market, and Amazon Web Services, the market-leading cloud infrastructure provider, “is a key component to how Amazon will meld data and marketing, according to multiple advertisers.” More.

Kingdom Come

Disney is running into internal roadblocks as its streaming subscription businesses encroach on traditional television. Broadcast sales and development executives are paid bonuses based on profits or ratings, but the direct-to-consumer teams (Disney has Hulu, ESPN+ and a Disney entertainment package set to launch next year) aren’t turning profits yet and the sensible way to compensate growth is by incentivizing new subscriptions, thus cannibalizing cable audiences, The Information reports. But juggling high-growth and legacy businesses is a fact of life now for Disney. It will stop licensing movies to Netflix next year, for instance, a revenue stream the media research firm BTIG pegs at $350 million, to improve the subscription offering of its own studio archive. More.

But Wait, There’s More!

You’re Hired!

Must Read

Shopify Wades Deeper Into Advertising, But Not Ad Tech

Shopify is slowly but surely making its way into the ads business. But the ecommerce leader maintains its laissez-faire approach to ad monetization.

Walmart Buys Vibe.co To Woo SMBs To Streaming

Walmart will buy Vibe.co, a self-serve video ad platform, in hopes of attracting more small and medium-sized advertisers to connected TV.

OpenAI's debut in Cannes

At Its First-Ever Cannes, OpenAI Says ‘We Are Clearly In The Advertising Business Now’

Bonjour, ChatGPT ads. OpenAI’s inaugural Cannes Lions appearance doubled as a coming‑out party for its baby ad business.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Friends high-five while watching a football soccer match

Fire TV Makes A Play For Its Share Of Home Screen Ad Dollars

Amazon is making a splash at Cannes by touting recent Fire TV interface upgrades designed to help viewers find relevant content more easily, including when they are watching the 2026 FIFA World Cup.

Comic: Overfrequency

Omnicom Can Now Measure Ad Frequency Across Multiple CTV Platforms

For the first time, Omnicom can directly compare ad frequency and performance across multiple major streamers, which typically prefer to keep data locked inside their walled gardens.

Inside The Trade Desk’s Pitch For Ventura TV OS

The Trade Desk is muscling its way into the TV operating system business with its Ventura OS – but the real story isn’t the product itself. It’s what TTD’s ambitions reveal about conflicts of interest within the industry and the inherent mismatch between consumer and advertiser needs.