AOL Scoops Up Mobile Ad Network Millennial Media for $238 Million

After two months of speculation, AOL has acquired mobile ad network Millennial Media for $238 million, or about $1.75 per share. The Millennial deal is the newest step in building out AOL's tools to compete in mobile advertising against behemoths like Facebook, Yahoo and Google. With the deal, Verizon-owned AOL is getting access to mobile inventory in Millennial's 65,000 apps—equivalent to 1 billion active global users in markets like Germany, France and Japan. It will also help build out its cross-screen programmatic platform called One. "AOL is well positioned as consumers spend more and more time on mobile devices, and as advertisers, agencies and publishers become more reliant on programmatic monetization tools," said AOL's president Bob Lord in a statement. "As we continue to invest in our platforms and technology, the acquisition of Millennial Media accelerates our competitive mobile offering in One by AOL and enhances our current publisher offering with an 'all in' monetization platform for app developers." AOL's move is the latest sign of the times for mobile ad networks like Millennial (which spent more than $300 million on its own acquisitions in recent years) that have struggled in recent years to keep up in a fast-paced industry. With Millennial now off the table, it could set off a wave of other deals for tech companies to gobble up smaller mobile ad networks that specialize in video and location-based targeting. To stay ahead, Millennial zeroed in on... Continue reading at 'AdWeek'

[ AdWeek | 2015-09-03 00:00:00 UTC ]
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Executive decision: Lachlan Murdoch turns back on media inquiry to reopen Fox News | The Weekly Beast

News Corp co-chairman declines Senate communications committee invitation. Plus: Daily Telegraph names and shames ‘index case’Lachlan Murdoch will be en route to reopen Fox News offices in Los Angeles on Monday when the Senate media inquiry reconvenes to consider YouTube’s temporary ban on Sky... Continue reading at The Guardian

[ The Guardian | 2021-09-03 03:21:06 UTC ]
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Vermilion scoops Brown's Atlas of the Heart

PRH imprint Vermilion has scooped a “landmark” new full-color book from five-time number one New York Times bestselling author Dr Brené Brown. Continue reading at The Bookseller

[ The Bookseller | 2021-09-02 08:05:36 UTC ]
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HarperCollins scoops Smith's Harry Styles biography

HarperNonFiction Publishers has acquired Harry Styles: The Making of a Modern Man by celebrity biographer Sean Smith. Continue reading at The Bookseller

[ The Bookseller | 2021-09-01 12:48:18 UTC ]
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Solaris scoops Wood's cyberpunk debut

Solaris has landed Aubrey Wood's "edgy" debut novel Bang Bang Bodhisattva, a comic science fiction mystery. Continue reading at The Bookseller

[ The Bookseller | 2021-08-31 10:17:52 UTC ]
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Nielsen audience measurement hiatus tests Media Rating Council relevance

Nielsen seems to be betting the industry will shrug off its loss of accreditation.  Continue reading at Advertising Age

[ Advertising Age | 2021-08-30 09:00:00 UTC ]
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Transworld scoops debut novel by Unmumsy Mum in six-figure deal

Transworld has scooped a "joyful and emotional" debut novel by author and blogger Sarah Turner, also known as The Unmumsy Mum, in a six-figure, two-book deal. Continue reading at The Bookseller

[ The Bookseller | 2021-08-26 01:27:52 UTC ]
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Old Barn Books scoops Fuller's 'powerful' debut

Old Barn Books will publish author Lisa Fuller's "powerful" YA debut Ghost Bird in the UK. Continue reading at The Bookseller

[ The Bookseller | 2021-08-25 13:08:09 UTC ]
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HarperNorth scoops 'fascinating' book on poisons by Bradbury

HarperNorth has scooped a "fascinating" blend of popular science and true crime with a book on infamous poisons by Dr Neil Bradbury. Continue reading at The Bookseller

[ The Bookseller | 2021-08-23 12:11:04 UTC ]
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Books in the Media: Lafarge's debut hailed as 'brilliantly unsettling'

Daisy Lafarge's Paul (Granta) came out on top as this week's most reviewed title, picking up mentions in the Guardian, Observer, Evening Standard, i, Irish Times, Scotsman, Independent, Telegraph and The Bookseller.  Continue reading at The Bookseller

[ The Bookseller | 2021-08-23 05:08:13 UTC ]
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HarperCollins Ireland scoops memoir by warden of Skellig Michael

HarperCollins Ireland has scooped a "unique" memoir by the warden of Skellig Michael, a remote Irish island. Continue reading at The Bookseller

[ The Bookseller | 2021-08-22 23:51:22 UTC ]
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People with disabilities appear in 1% of TV ads

Although they represent 26 percent of the U.S. population, portrayals lag despite progress in product development and entertainment, Nielsen finds. Continue reading at Advertising Age

[ Advertising Age | 2021-08-19 18:10:40 UTC ]
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How to remove ads and Special Offers from your Kindle or Kindle Fire

If your Kindle has ads or “Special Offers” showing onscreen, it’s because you made a deal. You chose to save money on your Kindle’s purchase price by accepting the "Ad-Supported discount (formerly known as the “With Special Offers” discount). It seemed like a good idea at the time, but now... Continue reading at PC World

[ PC World | 2021-08-18 22:51:00 UTC ]
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Viper scoops two more crime thrillers from Ward

Viper has bagged two more "twisting and chilling" novels from crime and thriller writer Catriona Ward, author of The Last House on Needless Street. Continue reading at The Bookseller

[ The Bookseller | 2021-08-18 22:31:31 UTC ]
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Flint scoops two climate change titles in time for COP26 summit

Flint Books, an imprint of The History Press, has acquired two "urgent and instructive" titles on sustainability and climate change to publish in time for the COP26 summit in October.  Continue reading at The Bookseller

[ The Bookseller | 2021-08-18 22:17:00 UTC ]
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‘Harder than I expected’: Confessions of a media employee on their experience returning to the office

A senior editor at a digital publisher had been looking forward to working from the company’s office but, with masks now required, has found there aren’t many reasons to go. The post ‘Harder than I expected’: Confessions of a media employee on their experience returning to the office appeared... Continue reading at Digiday

[ Digiday | 2021-08-16 04:01:00 UTC ]
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Media Rating Council Likely to Strip Nielsen’s Accreditation Next Week

The Media Rating Council, the third-party accreditation organization that checks Nielsen and other measurement firms' methodology, is likely to reach a decision about the status of Nielsen's national TV service early next week--and the industry is bracing for Nielsen's longstanding National TV... Continue reading at AdWeek

[ AdWeek | 2021-08-13 17:32:55 UTC ]
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Children’s book and illustration magazine Scoop closes

Children’s book and illustration magazine Scoop has closed and its owner Curious Publishing has ceased trading. Continue reading at The Bookseller

[ The Bookseller | 2021-08-12 12:27:48 UTC ]
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‘No one even notices a banner ad anymore’: Marketers see post-pandemic value in out-of-home advertising

As digital media becomes saturated with too many players and ad spend diversification remains top of mind, marketers look to out-of-home as an alternative. The post ‘No one even notices a banner ad anymore’: Marketers see post-pandemic value in out-of-home advertising appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2021-08-12 04:01:00 UTC ]
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Bestselling Author Gives Republicans Some Harsh Truths About Right-Wing Media

Don Winslow shows how the right is profiting off coronavirus disinformation: "They are laughing at how gullible you are." Continue reading at The Huffington Post

[ The Huffington Post | 2021-08-10 09:30:49 UTC ]
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Clays invests in new press with 50-million book capacity

UK book manufacturer Clays has ordered a new printing press which will have the capacity to produce roughly 50 million books a year. Continue reading at The Bookseller

[ The Bookseller | 2021-08-09 22:52:28 UTC ]
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