Blinkx Buying Binge Continues With $65 Million Purchase Of Rhythm NewMedia
As mobile media consumption and ad spending accelerates, online video distributor blinkx announced Tuesday its agreement to purchase mobile ad network Rhythm NewMedia for $65 million in an attempt to capture that smartphone and tablet growth. Read the release [pdf]. Blinkx’s acquisition strategy is predicated on building quick access to large networks of new publishers. The […]
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