Home Ad Exchange News WPP Reports Q2 Earnings; Gannett Bets On The Banner

WPP Reports Q2 Earnings; Gannett Bets On The Banner

SHARE:

nw3Here’s today’s AdExchanger.com news round-up… Want it by email? Sign-up here.

WPP Media Revs

WPP Group’s revenues rose 2.7% to reach $9 billion in the second quarter as the holding company acquired research firm InsightExpress. Read the earnings release. In an investor note, Pivotal Research analyst Brian Wieser notes WPP’s gross revenues this year are inflated “because of the inclusion of media inventory it takes possession of before selling along to advertisers. Including this activity, like-for-like revenues were up by 10.2%. The figure clearly is unrepresentative of WPP’s actual performance.” Hm. Are we talking about an agency or an ad platform?

Bringing Back The Banner

Banner ads and home page takeovers may seem dated in the native era, but Gannett Co. doesn’t see it that way. Commenting on its new display formats, VP of Revenue Solutions Steve Ahlberg tells the WSJ, “We are really trying to push the idea of premium. We think this will create a natural extension from TV to online. Instead of video ads in little boxes we want to make the entire screen a TV set.” Gannett’s willing to gamble viewers would rather be hyperaware they’re seeing an ad, rather than deceived by sponsored content. Read more.

Rubicon’s Long Game

Rubicon Project CEO Frank Addante talks of grit, determination and petabytes in an interview with Forbes’ Bruce Rogers. “Seven years ago, I felt like I was pushing a boulder up a hill, and now the largest agencies in the world that are talking about automation.” There’s some fun Rubicon trivia here, including the fact that the company created a “RubiCube” data center and programs its own chips. Read on.

Partnering For Programmatic TV

Turn is bolstering its programmatic offerings through a partnership with TV ad-buying platform AdMore, the companies said Monday. Turn, a DSP with DMP baked in, first delved into automation several months ago. Speaking to MediaPost, AdMore CEO Brendan Condon commented, “Programmatic TV can only be considered possible when you can dynamically insert an ad campaign into linear programming content – which is not available today but definitely on the horizon for the industry.” It’s only a matter of time before the digital takeover. Read it.

But Wait. There’s More!

Tagged in:

Must Read

Don’t Worry About Netflix – It’s Doing Fine Without Warner Bros. Discovery

Paramount might have outlasted and outbid Netflix in the competition to acquire Warner Bros. Discovery, but Netflix is not overly fussed about the loss.

Paramount’s Upfront Pitch Is About Three Things

Paramount is merging the ad tech stacks behind Paramount+ and Pluto TV, releasing a new performance product, offering more control over ad placements and introducing dynamic ad insertion in live sports.

Hard Truths For Retail Media At The IAB Connected Commerce Summit

The IAB’s Connected Commerce event in New York City this week felt to me like the retail media industry’s first sit-down explanation to a child who is now a “big kid” and must act accordingly.

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

Meta Is Launching An Easy Button For CAPI

Meta is simplifying its CAPI setup and teaching its pixel new tricks, including adding an AI-powered feature that automatically pulls in data from an advertiser’s website.

TelevisaUnivision Joins The Streaming Self-Service Bandwagon

TelevisaUnivision is the latest TV publisher to join the self-serve trend that’s rising in popularity across connected TV advertising. Its streaming inventory is now available to buy through fullthrottle.ai’s self-serve platform. The collaboration includes an ad bidder designed to improve both targeting and measurement.

Comic: Gamechanger (Google lost the DOJ's search antitrust case)

For Google Advertisers Who Overpaid The Monopoly – Don’t Hate, Arbitrate

Law firm Keller Postman is leading mass arbitration suits against Google, seeking advertiser damages for alleged monopoly overpricing. The total available pot is a quarter-trillion dollars.