Advertising

Netflix Boasts 40 Million Users Subscribed to Ad-Supported Tier, Reveals Plans to Develop In-House Ad Tech Platform

Netflix reports 40 million monthly users of its ad-supported service, with the ads chief stating that the firm is creating its own platform for ad solutions.


Amazon to Show Ads on Prime Video, Aiming For $3 Billion in Ad Revenue

Amazon is expanding its advertising strategy by introducing ads on its Prime Video streaming service. The company aims to generate $3 billion in revenue and compete with traditional media giants...

P&G to Promote Individual Brands at 2024 Olympics Instead of Corporate Name

Procter & Gamble will shift its focus from corporate branding to individual product brands, such as Pampers and Gillette, in its advertising for the Paris 2024 Olympics...

BBC Podcast Advertising Plan Concerns Media Firms—British Government Receives Complaint Letter

Many big media firms are concerned about the BBC's podcast advertising plan. A complaint letter has been sent to the British government...


Latest News

Merus Capital forms special fund to invest in US ad-tech firm AdRoll
Palo Alto, US-based software-focused venture capital firm Merus Capital formed a special Merus Capital Opporunity Fund just after it closed its second fund at $43 million to support the late-stage dev
Blucora acquires US-based explainer site HowStuffWorks for $45M
Bellevue, US-based Internet business operator Blucora acquired Atlanta, Georgia-based explainer site HowStuffWorks in a deal valued at $45 million in cash from Discovery Communications, which had boug
US social media marketing startup Argyle shuts down amid tight competition
Durham, US-based social media marketing startup Argyle announced through an email to its customers that it will shut down its operations on May 31 because it couldn't compete anymore with its rivals i
Oregon marketing automation firm Act-On lands $42M in funding for growth
Beaverton, US-based marketing automation software vendor Act-On landed $42 million in its fifth funding round led by Technology Crossover Ventures (TCV) to fuel its growth.
French publisher Webedia adds Lebanese digital media firm Diwanee
Paris, France-based digital publishing firm Webedia added Lebanon-based digital media firm Diwanee for an undisclosed amount to help the latter reach out to women in the Middle East.
French ad firm Adyoulike adds British rival Content Amp for $2.5M
Paris, France-based native advertising company Adyoulike added Windsor, UK-based content and marketing firm Content Amp in a deal valued at $2.5 million to beef up its ad campaigns.
San Francisco digital marketing firm Kenshoo secures $20M in funding
San Francisco, US-based digital marketing tool developer Kenshoo secured $20 million in a funding round led by Bain Capital Ventures to launch its predictive media optimization platform.
Yahoo to build own streaming video platform to take on YouTube
Yahoo boss Marissa Mayer is considering building a streaming video platform within the next few months to take on YouTube and to gain higher revenue that video ads will be able to bring to the company
French ad startup Tapvalue nabs $2.2M for international growth
French cross-device tracking and advertising startup Tapvalue nabbed $2.2 million (€1.6 million) in a venture round led by an unnamed venture capitalist and some angels to support its international gr
JWT to pick up majority stake in Indian social media agency Social Wavelength
JWT, a New York, US-based operating company of advertising giant WPP, entered an agreement to pick up a majority stake in Mumbai, India-based social media agency Social Wavelenth for an undisclosed am
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