Martini Media Gets $14 Million in New Round of Financing

Martini Media is in the money. The digital advertising network focused on affluent Web users announced on Tuesday that it has raised $14 million in new funding. The investment will "accelerate" Martini Media's "aggressive growth strategy," per the company. Martini Media CEO Skip Brand told Adweek that the company is looking to use the money to build out its data scientist and engineering talent pool and invest in premium programmatic and ad buying technologies. Programmatic is an increasingly lucrative business for Martini. In 2014, Brand predicted, more than half of the company's revenue will be generated via programmatic channels. This year that figure is about 30 percent, he said. As the company's name might suggest, Martini Media is focused on reaching moneyed audiences. The company's publishing partners include Forbes, Kayak, Fodor's, Tennis.com, The Daily Meal and Salon. In line with that high worth audience, Brand also said that tablets are an area of growth for the ad net. "We think there's a lot more branded opportunities as the tablet continues to grow rather than [direct response]." Leading the company's latest investment round was Venrock, Granite Ventures, Reed Elsevier Ventures and Silicon Valley Bank, per Martini Media.      Continue reading at 'AdWeek'

[ AdWeek | 2013-08-28 00:00:00 UTC ]
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Pink Dystopia: Gabrielle Korn on How a Decade in Women’s Media Inspired Her Novel

Science fiction made me want to be a writer. As a child in the ‘90s I read Interstellar Pig because my older sister loved it, and that’s when it started—a lifelong obsession with alternate universes, aliens, time travel, dystopia; a compulsion to read and eventually tell stories to make sense of... Continue reading at Literrary Hub

[ Literrary Hub | 2023-12-12 09:52:39 UTC ]
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Morry Schwartz steps aside as chairman of independent publisher Schwartz Media

Publisher of the Monthly and the Saturday Paper says he will no longer be involved in day-to-day operationsFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails,free app or daily news podcastMorry Schwartz has given up his leading role at the company he... Continue reading at The Guardian

[ The Guardian | 2023-12-11 06:44:11 UTC ]
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Why AI, revenue diversification and ad spend are the defining 2024 trends for media companies

Will Barker, manager, strategic customer success, BlueConic The media and publishing industry is constantly evolving. With this, it’s often difficult to keep up with the latest trends, especially with fast-evolving technologies emerging all the time and ripple effects remaining from the global... Continue reading at Digiday

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The Taunton Press Sold to Active Interest Media

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[ Publishers Weekly | 2023-12-05 05:00:00 UTC ]
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Regnery Publishing Will Stay with Salem Media Group

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Book Packager Melcher Media Expands into Marketing and Printing

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Zibby Media Withdraws National Book Award Sponsorship over Potential for 'Hate Speech'

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Sharjah’s 42nd Book Fair: More Than1.2 Million Visitors

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14 New November Book Club Picks, From GMA Book Club to The Stacks Book Club

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G/O Media Shutters Jezebel, Lays Off Staff and Editorial Director Merrill Brown

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Britney Spears's 'The Woman in Me' Sells More Than 1 Million Copies

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BuzzFeed in Advanced Talks to Sell Complex, Backtracking on Digital Media Bet

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Crooked Media Founders Announce Debut Book with Zando Imprint

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14 New October Book Club Picks, From #ReadWithJenna to Matzah Book Soup

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Bloomberg Media Restructures Sales Team to Streamline Events, Integrated Marketing

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