Home Ad Exchange News Collective Says Increased Display Spend in Autos Targets In-Market; Microsoft Sues On Click Fraud; Hot Entrepreneurs Become VC

Collective Says Increased Display Spend in Autos Targets In-Market; Microsoft Sues On Click Fraud; Hot Entrepreneurs Become VC

SHARE:

Autos and Online AdvertisingCollective Media hired former Yahoo! automotive category director, Brian Elliott, to lead its Detroit office. Which got us thinking… Isn’t the domestic U.S. auto industry on life support? Haven’t they had their marketing budgets reduced dramatically? What is Collective Media thinking?

In response, Joe Apprendi, Collective CEO told AdExchanger.com, “Yes, the auto industry in aggregate, and in the US in particular, is undergoing massive changes across the board, including ad spending. While overall spending will likely be down dramatically for this year and likely next, automotive advertisers are spending a greater percentage online. More importantly, their spending on display media is shifting towards a more targeted segment of the in-market automotive buyer. To reach them, display spending is going towards in-market automotive sites and in-market automotive behavioral marketing.”

The Wall Street Journal’s Nick Wingfield reports that Microsoft has sued 3 alleged click fraudsters which includes a mother and her two sons. (The family that lives together, clicks together.) Reportedly, the three “made more than $250,000 in profits through the scheme.” Microsoft claims this is a case of “‘competitor click fraud,’ … in which a perpetrator seeks to exhaust a competitor’s advertising budget while boosting the prospects of their own advertisements.” (If you don’t have a WSJ subscription and you want to read the whole story, use the WSJ backdoor: go to Google and search for the story title, “Microsoft Suit Targets ‘Click Fraud’.”)

Finally, from the world of venture capital comes the new fund from Marc Andreesen and Ben Horowitz which succeeded in raising $300 million according to Kara Swisher. The Deal’s George White observes that “funds led by former entrepreneurs appear to be having an easier time thanks to their track record and the names in their e-mail address books” and points to recent funds created by Skype’s and MyPoints’ founders

Must Read

The IAB Formalizes Its Measurement Initiatives Under Its New ‘Project Eidos’

The IAB unveiled its Project Eidos on Monday, a new program uniting its numerous measurement initiatives under one banner.

John Gentry, CEO, OpenX

‘I Am A Lucky And Thankful Man’: Remembering OpenX CEO John ‘JG’ Gentry

To those who knew him, John “JG” Gentry wasn’t just a CEO. He was a colleague who showed up with genuine care and curiosity.

Prebid Takes Over AdCP’s Code For Creating Sell-Side AI Agents

The group that turned header bidding software into an open standard is bringing the same approach to publisher-side AI agents.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Meta logo seen on smartphone and AI letters on the background. Concept for Meta Facebook Artificial Intelligence. Stafford, UK, May 2, 2023

Meta Bets That Its Ad Machine Can Fund Its AI Dreams

Meta is channeling its booming ad revenue into a $135 billion AI drive to power its “personal superintelligence” future.

Comic: Header Bidding Rapper (Wrapper!)

Microsoft To Stop Caching Prebid Video Files, Leaving Publishers With A Major Ad Serving Problem

Most publishers have no idea that a major part of their video ad delivery will stop working on April 30, shortly after Microsoft shuts down the Xandr DSP.

AdExchanger's Big Story podcast with journalistic insights on advertising, marketing and ad tech

Guess Its AdsGPT Now?

Ads were going to be a “last resort” for ChatGPT, OpenAI CEO Sam Altman promised two years ago. Now, they’re finally here. Omnicom Digital CEO Jonathan Nelson joins the AdExchanger editorial team to talk through what comes next.