Time Inc. Acquires Ad-Tech Company Adelphic to Beef Up Programmatic Advertising

As Time Inc. continues to pivot from being seen as a print magazine publisher to a digital media player, the company has acquired programmatic ad-tech company Adelphic. Adelphic will join Viant, a marketing company that Time Inc. acquired a year ago that uses first-party data and programmatic technology for ad targeting. Six-year-old Adelphic is a demand-side platform that helps brands plan and manage mobile and digital campaigns. It will also help Viant advertisers more precisely target groups of consumers across Time Inc.'s properties, which include People, Time, Fortune and Sports Illustrated. Terms of the deal were not disclosed. In a statement, Time Inc. president and CEO Rich Battista said the move will extend the company's reach to 1 billion global consumers. Adelphic's self-serve platform, which lets marketers buy and manage their own media, was also a selling point. "We know that in addition to premium content, advertisers are looking for more efficient buying processes for digital audiences," Battista said in a statement. "With Adelphic's proven self-service capabilities, Time Inc. and Viant will be able to deliver greater programmatic competencies and benefits to our partners." The acquisition is also part of Time Inc.'s goal to become a "people-based platform," per the statement—similar wording that Facebook and Google have used to position themselves as digital ad players in recent years. The move is the latest shift from print to digital at Time... Continue reading at 'AdWeek'

[ AdWeek | 2017-01-24 00:00:00 UTC ]
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BCA parent company enters administration

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[ The Bookseller | 2012-03-06 00:00:00 UTC ]
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Zell Company Seeks Part of Any Future Lawsuit Winnings Over Tribune Buyout

Billionaire Sam Zell is demanding a share of any money retirees and other creditors may win in lawsuits or legal settlements over the 2007 leveraged buyout he engineered of newspaper publisher Tribune Co. (TRB) The demand, made through the Zell-co ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2012-03-06 00:00:00 UTC ]
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Pan Mac acquires TOWIE's Nanny Pat

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OverDrive acquires Book.ish

OverDrive has acquired Australian ebook company Booki.sh for an undisclosed sum in a move which... Continue reading at The Bookseller

[ The Bookseller | 2012-03-05 00:00:00 UTC ]
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MCB acquires three from Young Sherlock author

Macmillan Children’s Books has acquired three titles from its Young Sherlock Holmes author... Continue reading at The Bookseller

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Their Print Ad Revenue Is Growing. Want to Know Why?

By Amy Feinstein With the publishing industry changing on what seems like a daily basis, how is it that some publications are actually finding ways to increase their print advertising revenue in the past two years?... Continue reading at Publishing Executive

[ Publishing Executive | 2012-03-02 00:00:00 UTC ]
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S&S acquires novel inspired by Meryl Streep

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Mira acquires three by Pam Jenoff

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[ The Bookseller | 2012-02-29 00:00:00 UTC ]
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BBC Books acquires Hom and Huang

BBC Books has acquired a title by chefs Ken Hom and Ching-He Huang, both Chinese food specialists... Continue reading at The Bookseller

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Apple Acquires App Search Engine Chomp

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[ Folio Magazine | 2012-02-25 00:00:00 UTC ]
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Amazon takes a company's ebooks out of stores after disagreement

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The firm that's making a mint out of old tech

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The Knot Expands Partnership with Teleflora Through Advertising, Custom Content

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Media Decoder Blog: HarperCollins Is Said to Acquire Rights to Amanda Knox Memoir

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Bloomsbury acquires "the" book on Lucian Freud

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Canongate acquires Meek's '21st-century Anna Karenina'

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