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Meredith Corporation Sells Local TV Stations

May 4, 2021
Maybe it’s National Stick to Your Knitting Day: Meredith Corporation is selling its local TV stations for $2.7 billion, leaving it free to concentrate on its core publishing brands, which include People, Better Homes & Gardens, and Allrecipes.  Those may sound old-fashioned but Meredith already makes more from digital advertising than print advertising.  This might be a good time to sell: TV viewing time dropped 9% in the first quarter of this year and is expected to fall further.
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Criteo Uses Purchase Data to Refine Contextual Ad Placement

April 30, 2021
Contextual advertising is being reborn as an alternative to cookie-based ad targeting. Adtech vendor Criteo is improving contextual results by adding insights based on each publisher’s first-party purchase data. Specifically, it will identify the content related to each purchase, find other pages with similar contents, and show ads with relevant product recommendations. Old-school contextual targeting wasn’t refined with purchase history.
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ANA Attacks Programmatic Media Transparency with an RFP

April 30, 2021
Ad industry group ANA has issued a Request for Proposal for a study of programmatic media transparency, which the ANA described as “riddled with material issues including thin transparency, fractured accountability, and mind-numbing complexity.” ANA CEO Bobo Liodice added that “Marketers do not have a fully transparent line of sight into their programmatic supply chains”. Jamie in our Department of the Obvious is impressed.
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MessageBird Raises $1 Billion, Pays $600 Million for SparkPost, and Buys Hull CDP

April 29, 2021
Omni-channel messaging platform MessageBird announced a $600 million acquisition of email optimization platform SparkPost, $1 billion Series C extension (from the previous $200 million), and entry to the U.S. market. We also just learned that MessageBird bought the Hull.io CDP at the end of March, along with video platform 24sessions. The deals strengthen MessageBird’s competitive position against Twilio, which you will recall bought the Segment CDP last year.
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