Home Ad Exchange News Omnicom Sees Growth In Q2; Sparks Fly Over Agency Trading Desks; Asia Ad Network Consolidation

Omnicom Sees Growth In Q2; Sparks Fly Over Agency Trading Desks; Asia Ad Network Consolidation

SHARE:

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

Agency Seeing Growth

Agency holding company Omnicom reported its earnings and “net income for the second quarter of 2011 increased 13.1% to $275.1 million from $243.3 million in the second quarter of 2010.” Read the release. Reuters reports, “All advertising groups have been lifted in the last 12 months by a stronger-than-expected performance in the United States and strong revenue from emerging markets…” Holding companies continue to see overall growth. It may not be stratospheric, but it’s growth.

Sparks Fly Over ATDs

Monday’s OMMA AdNets conference yielded a day of panels that included a look at the agency trading desk model. With several holding company trading desks represented on an audience buying panel, VivaKi AOD’s Mac Delaney and Triggit CEO Zach Coelius eventually square off over whether or not there’s a conflict of interest in the agency trading desk model. – On fy-uh! Obviously this remains a hot button topic. See it – question starts at 29:07, sparks start flying at 30:30.

Asia Ad Network Consolidation

In India, ad network Komli, which is led by its founder and chairman Amar Goel, announced the acquisition of ZestAdz, a mobile ad network. According to The Economic Times, “The acquisition is the fourth in over a year for [Komli] that has bought over digital start-ups in markets such as Australia, UK and Singapore in the past.” Read more.

Why Investors Matter

Venture capital maven Roger Ehrenberg returns to his Information Arbitrage personal blog and explores why investors matter beyond the capital they bring. He writes, “Think about it: would having a catalyst for reviewing everything material in the business every few months add some valuable stability and support during difficult and stressful times? I think so.” Read the whole thing.

The Body Retargeting

Reprising the company’s retargeting infographic of June, Chango’s Dax Hamman brings the retargeting equivalent of Salome’s dance of the 7 veils (see it) to iMedia Connection as he describes seven different methods of retargeting. Read about it.

At Scale!

Demand-side platform DataXu announced on its blog that it’s pulsing expandable creative – at scale – through CONTEXTWEB and its real-time bidding API courtesy of PointRoll. What could be better? I’ll tell you what could be better: according to Adrian Tompsett, biz dev director at DataXu, “If you book a campaign with us by August 30 you will have a shot at a weekend getaway to the Hamptons or Napa Valley… on us.” I love the smell of Napa in the morning!

But Wait. There’s More!

Tagged in:

Must Read

Los Angeles, California - 26 February 2023: Reddit social media platform displayed on smart device

Reddit Is Going Login Only. Blame Google

Starting in Q4, Reddit will test logged-in-only mode to protect its user engagement, improve ad targeting and keep AI from scraping its content.

DoorDash Acquires Instacart As Consolidation Comes For Mobility Media

DoorDash on Thursday confirmed the rumors and announced its intention to acquire Instacart at a $17 billion valuation.

Meta’s $25 Billion Privacy Fine In New Mexico Is A Big Number. But Is It A Big Deal For Ad Tech?

Last week, a district court judge in New Mexico ordered Meta to pay $25 billion for misleading Facebook users about how it handled their data. Does it matter?

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Gamechanger (Google lost the DOJ's search antitrust case)

Google Earned More Than $100 Billion In Ad Revenue Last Quarter, But Is It Even An Ad Business?

Google earned $127.6 billion in Q3, up 25% year over year, practically all of which came from ads. Yet advertising hardly came up during its earnings call on Wednesday evening.

Flat Hand Holding a magnifying glass, find the person you want from many people. Find the right thing for you.

Meta Has A New Ad Ranking System Built On LLMs, Plus Upgrades To Andromeda And GEM

Meta now scores every eligible ad for every impression at more than a billion ads per second, one of three ad ranking upgrades Meta announced on Wednesday.

Marketbridge Acquires The B2B Advertising And Analytics Startup Channel99

The agency services group Marketbridge added to its portfolio on Tuesday by announcing its acquisition of Channel99, a B2B advertising and attribution tech company.