Home Ad Exchange News Jellyfish Acquires Its Way Into LATAM; Republicans Plan Their Own Big Tech Antitrust Report

Jellyfish Acquires Its Way Into LATAM; Republicans Plan Their Own Big Tech Antitrust Report

SHARE:
jellyfish

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

Hola, Jellyfish

Indie agency Jellyfish expanded its tentacles in Latin America on Wednesday with the acquisitions of digital media companies Reamp and San Pancho. This marks the latest move by Jellyfish to grow into a global network. The price tags weren’t disclosed, but Jellyfish’s workforce grew by 150, with 100 employees from Reamp and 50 from San Pancho joining the team. The 10-year-old Reamp – a programmatic force in Brazil – was one of Google’s first partners in LATAM, reminiscent of Jellyfish’s early days as a Google Marketing Platform reseller. San Pancho’s core team is based in Mexico, but also has an office in Colombia – a first for Jellyfish. “Both companies share the same core values as Jellyfish, have strong partnerships with Google and offer unparalleled expertise, which made joining forces an unequivocal fit,” Jellyfish CEO Rob Pierre said in a statement.

The Republican Rebut

We already know how Dems want to limit big tech. Just read AdExchanger’s coverage of the House antitrust subcommittee’s 449-page report on the topic. Meanwhile, Republicans are fixated on the idea that Facebook and YouTube have it out for them, despite evidence to the contrary, writes CNBC. Republicans, about to unleash their own report, also reject the Democrats’ call for sweeping changes to antitrust law. “In his report, [Ken Buck, R-Colo.] called the Dem proposal ‘a thinly veiled call to break up Big Tech firms,’ making it clear that congressional Republicans won’t vote for the sweeping, groundbreaking changes Democrats are hoping for.” Democrats are more optimistic that legislation will go through. But even if that doesn’t happen, the antitrust committee report functions as a record of questionable business practices. But here’s an important takeaway: Despite partisan squabbling, both sides want to rein in big tech, and the most likely point of compromise might come in the form of funding the DOJ and the FTC in their efforts to scrutinize M&A activity.

Google Can CTV

Roku and Amazon dominate streaming TV, but the release of Google’s Chromecast interface, Google TV, is designed to make it work better with connected TVs and legitimizes the online giant as a streaming threat, writes Tim Peterson for Digiday. “Whether or not Google outsells Amazon’s and Roku’s CTV devices during this year’s holiday season,” he writes, “Google redoubling its efforts in CTV helps to highlight how flat the CTV playing field actually is and how much ground Google has already covered.” To this point, Google’s CTV presence has been largely overshadowed by its Android TV operating system. But because Google has two CTV platforms, plus YouTube’s TV glass viewership – and because its ad tech powers Disney and CBS – Google’s foothold is quite large.

The ‘Cookie-pocalypse’ Countdown

2020’s been a year of … well, you know. But as Adweek’s Ronan Shields and Andrew Blustein point out, “Google announcing plans to withdraw support for cookies in Chrome is still ad tech’s biggest story.” And it’s hard to stay abreast of everything that’s been going on in the quest for the cookieless future. New proposals keep cropping up – or, shall we say, hatching – in Chrome’s Privacy Sandbox, from the now out-of-favor PIGIN to, most recently, Magnite’s PARRROT, which is not, as the name suggests, a parrot that belongs to the company formerly known as Rubicon, but rather a potential web standard that would allow the publisher, rather than the browser, to retain control of the auction. And, of course, the debate rages at the W3C. Anyway, there’s a lot happening, and Adweek has a good recap of developments since January, when Chrome announced plans to pull the plug on third-party cookies. Read on.

But Wait, There’s More!

You’re Hired!

Must Read

Comic: Always Be Paddling

The Trade Desk Maintains Its High Growth Rate And Touts New Channels

“It’s hard not to be bullish about CTV when it’s both our largest channel and our fastest growing,” said The Trade Desk Founder and CEO Green during the company’s earnings report on Thursday.

After The Election, News Corp Has Harsh Words For Advertisers Who Avoided News

News Corp’s chief exec blasted “the blatant biases of ad agencies and ad associations,” which are “boycotting certain media properties” due to “personal political prejudices.”

LiveRamp Outperforms On Earnings And Lays Out Its Data Network Ambitions

LiveRamp reported an unexpected boost to Q3 revenue, from $160 million last year to $185 million in 2024, during its quarterly call with investors on Wednesday.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Google in the antitrust crosshairs (Law concept. Single line draw design. Full length animation illustration. High quality 4k footage)

Google And The DOJ Recap Their Cases In The Countdown To Closing Arguments

If you’re trying to read more than 1,000 pages of legal documents about the US v. Google ad tech antitrust case on Election Day, you’ve come to the right place.

NYT’s Ad And Subscription Revenue Surge As WaPo Flails

While WaPo recently lost 250,000 subscribers due to concerns over its journalistic independence, NYT added 260,000 subscriptions in Q3 thanks largely to the popularity of its non-news offerings.

Mark Proulx, global director of media quality & responsibility, Kenvue

How Kenvue Avoided $3 Million In Wasted Media Spend

Stop thinking about brand safety verification as “insurance” – a way to avoid undesirable content – and start thinking about it as an opportunity to build positive brand associations, says Kenvue’s Mark Proulx.