JiWire, a mobile advertising company most commonly known for serving ads over airport WiFi networks across the US, has rebranded as “NinthDecimal” and launched a mobile audience-targeting tool for pre-roll video ads. Working with buy-side partner TubeMogul, early beta brand users include L’Oréal Paris, Kraft Foods and Honey Maid. NinthDecimal is ramping up location-based data […]
Millennial Media is beefing up its location data prowess. The mobile ad network is rolling out an audience location ad suite dubbed “Point” and is teaming up with mapping and geo-analytics mainstay Esri. Point unifies three location-based products: Point Audience Frames, powered by Esri, which lets advertisers use hyper-local data to build campaigns; Point-Fencing Route, […]
Mobile ad network Millennial Media revealed during its Q1 earnings call Wednesday that although quarterly revenue is up, the company continues to bleed money and CFO Michael Avon is stepping down. As a result of its dismal report, the company’s shares tumbled 45% in after hours trading, hovering in the $3 range. While Millennial Media reported $72.6 […]
Millennial Media is at a crossroads. With a new CEO and recent acquisition, the Baltimore company has made several moves to strengthen its position in the mobile advertising space and speculation over its next move is growing among industry insiders. Last month, Millennial tapped ad tech veteran Michael Barrett to replace founding CEO Paul Palmieri, […]
In its Q4 earnings call Wednesday, mobile ad network Millennial Media revealed it had netted $109.5 million in the fourth quarter, up from $75.9 million in Q4 2012 (a 44% increase). Total revenue for 2013 increased 41.6% from $241.3 million in 2012 to $341.8 million last year. Despite a strong end to the year, however, […]
Yesterday, mobile ad network Millennial Media announced the hire of industry – and programmatic-media – veteran Michael Barrett as its new CEO. As Barrett told AdExchanger’s Judith Aquino yesterday, “Buying programmatically is certainly a big interest with a lot of our advertisers, publishers and developing partners, and we’ll continue going down that path. [But] Millennial is also […]
Millennial Media reported Q3 earnings after business close today, including updates on its acquisition of competitor Jumptap, its new mobile ad exchange, and Omni Measurement tools. The mobile ad network’s new exchange product, Millennial Media Exchange (MMX), was created through a partnership with AppNexus. More than two dozen buyers including DSPs, agency trading desks and […]
There are plenty of reasons, mostly technological, why integrated desktop/smartphone/tablet campaigns are tough to pull off for brand advertisers. Throw in an exchange-based ad strategy and the complexity goes through the roof. Ryan Christensen, AppNexus’ VP of product, teamed up with Julienne Thompson, VP for programmatic business at mobile ad network (and AppNexus partner) Millennial […]
Mobile ad network Millennial Media announced late yesterday afternoon that it has teamed up with the real-time bidding platform provider AppNexus to create a new mobile ad exchange that the companies are calling the Millennial Media Exchange. Through the partnership, AppNexus’ clients will receive access to Millennial’s sales inventory and its Jumptap buying platform. It […]
In the wake of Millennial Media’s agreement to buy Jumptap, AdExchanger spoke with Mollie Spilman, EVP of global sales and marketing at Millennial, who shed some light on the company’s plans and its approach to mobile advertising. Spilman was previously CMO at Yahoo. AdExchanger: How will Millennial be able to stay “best in class” while trying […]
