In a surprise Monday afternoon announcement, Amazon CEO Jeff Bezos has struck a deal with the Washington Post Company to buy its namesake newspaper for $250 million. Read the release. The purchase comes just a few days after WaPo’s Q2 earnings demonstrated some slight income and revenue gains, though, as usual, that was due to […]
With unwavering digital-only focus, Anthony Hitchings, head of advertising technology and digital operations at FT.com, has had a front-row seat to the promises and pitfalls of programmatic media from within a large newspaper publisher’s online unit. “I see the programmatic space as providing a great opportunity for us. But there are ‘teething troubles,’ if you […]
While the New York Times Co.’s digital advertising revenue could have been worse in Q2, the publisher saw its display strategy continued to be challenged by what the company said was a “complex and fragmented” marketplace. Read the release (PDF). Digital ad sales brought in $51.2 million during the quarter, a decline of 2.7%. In […]
During the NYTCo’s Q1 earnings call in April, executives had discussed the possibility of a turnaround in the newspaper publisher’s display ad sales, particularly mobile, but analysts don’t expect a change any time soon. For now, it looks like more of the same, particularly for the company’s display ad sales, which fell 4% in Q1. […]
The combined media spending of Publicis Groupe and Omnicom would amount to roughly $53 billion, according to separate sets of data from Pivotal Research’s Brian Wieser and WPP analytics unit Kantar Media. That translates into a tremendous amount of buying clout. Major publishers across all media continued to absorb the news from this weekend about […]
As one of the country’s largest broadcast and newspaper owner, Gannett‘s Q2 results continue to perfectly demonstrate the promise and problems of media in transition: digital dollars are growing at a healthy 20% clip over last year, but it still only supplies 30% of the total revenues. Read the release (PDF). As the McLean, Va.-based […]
Digital-media buying may have moved from buying placement to buying audience, but vertical publishers are still gladly carrying the “contextual” torch as valuable audience continues to be attracted to niche content – an opportunity TechMediaNetwork is looking to exploit. Having raised $33 million in 2011 in hopes of unseating other tech publisher networks such as […]
Premium direct sales and real-time biddable display advertising … can they co-exist? IDG Enterprise thinks so. The owner of top-tier B2B media brands Computerworld, CIO, Network World and InfoWorld announced last week (see the release) that it has plunged into the exchange model in search of programmatic ad dollars. According to IDG Enterprise CEO Michael […]
United Online is not a typical publisher. Unlike newspaper or magazine sites, it operates the social-media yearbook site Classmates, online florist shop FTD, consumer internet-access tools NetZero and Juno and the MyPoints loyalty rewards program. But it does have plenty of inventory and claims to reach a collective 100 million registered consumer accounts every month, […]
Most of Gannett’s acquisitions in recent years have been about making the company more digital, but its $1.5 billion purchase of local broadcast operator Belo is a nod to the media business’s main advertising driver: television. But as McLean, VA-based Gannett goes about creating an advertising and content “SuperGroup,” as the company stated in its […]
