Home Ad Exchange News JPMorgan Chase Takes Brand Safety Into Its Own Hands; Mic Will Roll Out Nine Brands

JPMorgan Chase Takes Brand Safety Into Its Own Hands; Mic Will Roll Out Nine Brands

SHARE:

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign-up here.

Chasing Safety

In addition to pulling its ads from YouTube, as many big brands have done in recent days, JPMorgan Chase also culled the number of sites where it runs ads from 400,000 to just 5,000, The New York Times reports. According to CMO Kristin Lemkau, “It’s only been a few days, but we haven’t seen any deterioration on our performance metrics.” The gruntwork involved is considerable. Real people manually checked each of the 5,000 pre-approved websites where its ads are now authorized to run, and the company plans to curate a list of 1,000 “human-checked” channels on YouTube. More.

Mic Check

Digital media publisher Mic will roll out nine new brands, Mike Shields reports for The Wall Street Journal. The brands, which zero in on topics from women’s issues to personal finance, were born out of organic traffic from editorial and social experiments. Women-focused Slay, for example, gained popularity on Instagram when followers spiked to 26,000 this year; personal finance brand Payoff gained followers via a newsletter and podcast. Mic thinks the sister brands will fare better than new sections on its flagship property. “We didn’t want to dilute the brand by just having a number of channels on Mic.com,” said Chris Altchek, co-founder and CEO of Mic. So far, Discover, Goldman Sachs, Hulu and Mercedes are on board as advertisers. More.

Reddesign

Reddit redesigned its ad-buying interface and some of its policies, per a company post. Advertisers will now be able to run multicreative campaigns, get reporting on eCPM, eCPC and CTR metrics and won’t have to pay to top up campaigns on the go. The new system is “rebuilt from the ground up” – even to the point that both platforms will continue running campaigns until the old one is discontinued in a few months and current campaigns can’t be migrated to the new system. Reddit’s community is highly sensitive to privacy and ad tracking, and it appears that user-level targeting is still off the table. Related: Read AdExchanger’s November 2016 profile of Reddit’s ad business.

Calling It Quidsi

Amazon is cutting 260 jobs from its Quidsi ecommerce business and will shut down Diapers.com, Soap.com and other Quidsi online markets it acquired in 2011 for more than $500 million. “We have worked extremely hard for the past seven years to get Quidsi to be profitable, and unfortunately, we have not been able to do so,” Amazon says in a statement. It could also be seen as a distant parting shot at Marc Lore, who co-founded and sold Quidsi to Amazon before starting Jet.com and selling it to Walmart, where he now leads the retailer’s ecommerce business. Analysts weren’t surprised by the move, because Amazon is better off centralizing shoppers on Prime rather than across nonbranded satellite sites, Bloomberg reports.

But Wait, There’s More!

You’re Hired!

Must Read

Advertible Makes Its Case To SSPs For Running Native Channel Extensions

Companies like TripleLift that created the programmatic native category are now in their awkward tween years. Cue Advertible, a “native-as-a-service” programmatic vendor, as put by co-founder and CEO Tom Anderson.

Mozilla acquires Anonym

Mozilla Acquires Anonym, A Privacy Tech Startup Founded By Two Top Former Meta Execs

Two years after leaving Meta to launch their own privacy-focused ad measurement startup in 2022, Graham Mudd and Brad Smallwood have sold their company to Mozilla.

Nope, We Haven’t Hit Peak Retail Media Yet

The move from in-store to digital shopper marketing continues, as United Airlines, Costco, PayPal, Chase and Expedia make new retail media plays. Plus: what the DSP Madhive saw in advertising sales software company Frequence.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Ad-ception

The New York Times And Instacart Integrate For Shoppable Recipes

The New York Times and Instacart are partnering for shoppable recipe videos.

Experian Enters The Third-Party Data Onboarding Business

Experian entered the third-party data onboarder market on Tuesday with a new product based on its Tapad acquisition.

Albertsons Takes Its First Steps Into Non-Endemic Advertising, Retail Media’s Next Frontier

Albertsons is taking that first step into non-endemic advertising next week via a partnership with Rokt to serve ads to people who have already purchased groceries.