Home Ad Exchange News Messaging Apps Are The Next Frontier; Politics Goes Digital

Messaging Apps Are The Next Frontier; Politics Goes Digital

SHARE:

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

Get The Message

“Clearly messaging apps are where social media is going next, and we and other publishers need to figure them out,” says Tom Standage, deputy editor of The Economist, in an interview with Laura Hazard Owen of Nieman Labs. The Economist already publishes to WeChat and Japan-based Line. Facebook Messenger and WhatsApp have significantly larger audiences, but “Line is further along in (publisher support), which means we can get started now.” It’s a crowded sandbox. Line and Snapchat, among others, show promise. “The challenge for us, and for other publishers, is not just to figure out what works best on each platform, but also to decide which platforms to focus on and how to allocate our resources between them.” More.

Political Buffet

The Wall Street Journal describes how some presidential candidates and super PACs are taking to digital as the Iowa caucuses get underway. Two reporters say that after a slow start from super PACs (which spend lavishly on television in the early days of a campaign to boost name recognition), Twitter “has seen a major uptick.” Meanwhile the Cruz campaign is aggressively pursuing YouTube ads, and the 20% of overall media budget it allocates to digital is high for a political campaign. Snapchat, which is rumored to be struggling for political budgets due to lack of voter targeting, is trying to compensate with a new political campaign show on its Discover channel, per Steven Perlberg. The tech titans are hustling for their share of the DC media pie, while many others wait for scraps.

Unparsed

In 2013 Facebook spent $85 million on Parse, a mobile developer toolkit and support system, essentially tossing its hat into the developer services services ring alongside Amazon, Microsoft and Google. But now it’s throwing in the towel, shutting down Parse and “striving to make this transition as straightforward as possible,” says platform co-founder Kevin Lacker. According to a pair of NYT reporters, Facebook was unwilling to sink the “untold millions” Parse would require to compete with the likes of Amazon Web Services, especially as it still has to develop risky bets it’s placed on Oculus and WhatsApp. “Neither service currently generates material revenue for Facebook.” Read on.

Hiring Creatively

Platform heavies keep grabbing major creative talent from agency land. In the latest big hire, Facebook tapped former Crispin Porter + Bogusky CEO Andrew Keller to run its in-house agency as ECD. Ad Age’s Tim Peterson recounts some other recent moves along similar lines: “In December, Grey Worldwide Chief Creative Officer Tor Myhren left the WPP agency to join Apple as its VP-marketing communications. In March, Lars Bastholm, formerly chief creative officer at Rosetta and also CheilUSA, was named global chief creative officer of Google’s Zoo, its in-house agency.” Platforms still crave the Big Idea. More.

But Wait, There’s More!

Must Read

Viant Acquires Data Biz IRIS.TV To Expand Its Programmatic CTV Reach

IRIS.TV will remain an independent company, and Viant will push for CTV platforms to adopt its IRIS ID to provide contextual signals beyond what streamers typically share about their ad inventory.

Integral Ad Science Goes Big On Social Media As Retail Ad Spend Softens In Q3

Integral Ad Science shares dropped more than 10% on Wednesday, after the company reported lackluster revenue growth and softened its guidance for the Q4 season.

Comic: Gen AI Pumpkin Carving Contest

Meet Evertune, A Gen-AI Analytics Startup Founded By Trade Desk Vets

Meet Evertune AI, a startup that helps advertisers understand how their brands and products appear in generative AI search responses.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Private Equity Firm Buys Alliant As The Centerpiece To Its Platform Dreams

The deal is a “platform investment,” in which Inverness Graham sees Alliant as a foundation to build on, potentially through further acquisitions.

Even Sony Needed Guidance For Its First In-Game Ad Campaign

In-game advertising is uncharted territory even for brands like Sony Electronics that consumers associate with gaming.

Comic: Always Be Paddling

The Trade Desk Maintains Its High Growth Rate And Touts New Channels

“It’s hard not to be bullish about CTV when it’s both our largest channel and our fastest growing,” said The Trade Desk Founder and CEO Green during the company’s earnings report on Thursday.