Home Ad Exchange News Facebook, Your Move; Spotify Lays Off In Ad Sales

Facebook, Your Move; Spotify Lays Off In Ad Sales

SHARE:

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

Disinformation Wars

Facebook is under new pressure to secure its ad platform against electoral shenanigans, following Google’s move to restrict targeting options in political ads and Twitter’s outright ban on such ads in October. One option on the table is to prevent advertisers from targeting very small groups, reports The Wall Street Journal. Specifically Facebook has considered increasing the minimum reach of a political ad buy from 100 to a few thousand, “in an effort to spurn the spread of misinformation.” Apparently deliberately false ad campaigns are often aimed at smaller groups, according to one source, perhaps in a bid to fly under the radar. Read on. Google’s policy solution – impacting search, YouTube and display – is more elegant. It restricted political ad targeting to three factors: age, gender and postal code. Read the blog post.

Spoti-bye

Spotify laid off 30 ad sales staffers Thursday after the company missed internal revenue goals during a rocky transition off of Google Sales Manager. It’s unclear if the layoffs were directly related to the transition, and Spotify said it eliminated some of the positions as it moves into new areas, according to Business Insider sources. But the switch off of Google Sales Manager caused the company to take a $10 million revenue hit in Q3 and led to a programmatic sales dip of 50%, demonstrating the perils of breaking up with Google. More

Sporting Chance

Hybrid publisher and ad tech company Minute Media is acquiring The Players’ Tribune, a sports news site known for stories written by athletes. It’s a natural pairing, since The Players’ Tribune brings serious sponsorships and content marketing muscle (star athletes such as Russell Wilson, Kevin Durant and Derek Jeter, who’s joining Minute Media’s board, have been involved with the site). But that star power doesn’t guarantee traffic, and Minute Media brings a traffic hose in the form of SEO services and cross-promotion with its other sports properties. Both Minute Media and The Players’ Tribune are among the many new media companies trying to wean themselves from a reliance on ad revenue. Press release.

But Wait, There’s More

You’re Hired

Must Read

PubMatic’s Agentic AI Is Going Beyond Direct Deals

PubMatic has run more than 30 fully autonomous, end-to-end agentic campaigns through the SSP’s AgenticOS platform, in addition to more than 1,000 direct publisher deals.

The Trade Desk Has A Grand Vision, But Needs A New Breed Of CMO To Make It A Reality

TTD CEO Jeff Green laid out the DSP’s plan for winning in a new world of advertising that – AI aside – necessitates major changes in how marketers behave.

A Publisher Didn’t Get Its UID2 Setup Right. The Trade Desk Didn’t Notice. What Went Wrong?

TTD confirmed that this CTV publisher’s errors would have made its UID2s useless for ad targeting. But TTD also said it wouldn’t have had enough information to flag the issue.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters

Criteo Faces Tough Headwinds Until Agentic AI Ad Revenue Materializes

Criteo shares dropped by 20% Wednesday morning after the company reported shaky Q1 earnings and revised its guidance downward for the rest of the year.

Disney’s New CEO Is Focused On Two E’s: Engagement And ESPN

On Wednesday, Josh D’Amaro led his first earnings call as the new CEO of Disney. The company closed last quarter with $25.2 billion in revenue, a 7% year-over-year increase. Disney Entertainment advertising revenue rose 5% YOY, but ESPN ad revenue was down 2% YOY, although subscription and affiliate revenue was up 6%.

People Inc. Looks Inward For Growth As Its Search Traffic Downsizes

People Inc. previewed plans to downsize by focusing mainly on its key properties. The strategy makes sense considering its publishing portfolio has lost about two-thirds of its Google traffic.