Vice Australia Cuts Jobs, Closes Virtue; Ruling Backs Facebook Over Comment Liability
In today’s ExchangeWire news digest: Vice Australia confirms drastic job cuts; the Australian Court of Appeal Supreme Court upholds a ruling making publishers responsible for the comments left on their Facebook pages; and M&C Saatchi Performance uncover positive signs that the UK digital ad space is on the road to recovery. Vice Australia announces Virtue closure and job cuts Media business Vice has made significant job cuts to its Sydney and Melbourne offices, with only one writer and one editor remaining onboard. [...]
Google Australia Objects to 'Inaccurate' Revenue Figures; Germany Outlaws Assumed Consent
In today’s ExchangeWire news digest: Google Australia MD Mel Silva hits back at ‘inaccurate’ News revenue figures; the German Federal Court overrules laws allowing consent for non-functional cookies to be obtained through pre-ticked boxes; and digital media sees CPM fall by 16%. Google Australia’s Mel Silva claps back at ‘inaccurate’ and ‘unfounded’ revenue figures Google Australia’s managing director Mel Silva has refuted claims that the tech giant owes publishers AUD $1b (£542.9m) in revenue. Silva asserted that Google makes no more than [...]
Indian Brand Leaders Prepare for Ad Renaissance; News Corp Closes 112 Print Publications
In today’s ExchangeWire news digest: India’s biggest brands gear up to resume advertising after COVID disruption; News Corp Australia confirms it will close over 100 of its print publications, with most moving online; and a recent survey finds that US Gen Zers could provide hope to luxury brands. India’s biggest brands get ready to recommence advertising India’s top brands are reportedly preparing to restart their advertising campaigns. Retailers across home, personal care, grocery, smartphone, and electronics are believed to be forging ahead [...]
Instagram Launches New Ad Offering; INS Demands Compensation from Government
In today’s ExchangeWire news digest: Instagram launches House of Instagram in Australia to encourage brands to advertise on its platform; the INS demands compensation from the government as lockdown measures see their ad revenues plummet; and ARN reports an increase in audience figures across its radio platforms. Instagram creates House of Instagram to promote the platform to advertisers Photo-sharing social media site Instagram has launched a new offering to encourage Australian brands to advertise on the platform. The online resource, named House [...]
Australian OOH Sees Recovery; US Ad Demand Fuelled by DTCs
In this weekly segment, ExchangeWire sums up key industry updates on ad tech from around the globe. In this edition: OOH sees signs of recovery in Australia; research finds ad demand from DTCs is up in the US; DSPs have started clamping down on bid duplication; Buzzfeed pulls its news operations from the UK and Australia; and ExchangeWire releases the first MadTech Podcast Special.OOH sees recovery in Australia Out-of-home (OOH) is beginning to see signs of recovery in Australia. The sector [...]
Google Begins Trialling Privacy Sandbox; Buzzfeed Pulls News from UK and Australia
In today’s ExchangeWire news digest: Google reaches out to DSPs to begin testing its new Privacy Sandbox; Buzzfeed is axing its news operations in the UK and Australia; and Dentsu Aegis Network creates unified global creative agency Dentsumcgarrybowen. Google begins trialling its post-cookie Privacy Sandbox Google is preparing to trial some of the features of its upcoming “Privacy Sandbox” offering. The sand box, which was revealed by the tech giant last August, will replace third-party cookies, which are set to disappear from [...]
OOH Sees Recovery in Australia; Programmatic Demand Shifts from Linear to CTV
In today’s ExchangeWire news digest: out-of-home advertising begins to recover in Australia; analysts find programmatic buying demand is shifting towards CTV from linear; and Disney Advertising Sales opts for virtual video pitches to media agencies. OOH sees recovery in Australia Out-of-home (OOH) is beginning to see signs of recovery in Australia. The sector had experienced record lows last month as Coronavirus-induced lockdown measures kept the majority of the country’s population confined to their homes. However, with lockdown measures set to ease in [...]
WPP Wins Unilever's China Account; Prime Media Group Revenue Falls
In today’s ExchangeWire news digest: WPP is awarded management of Unilever’s mainland China account; Australia’s Prime Media Group reports a fall in April revenue; and NBCUniversal gets a restructure amid the Coronavirus. WPP wins Unilever’s mainland China account Unilever has put WPP in charge of its Chinese media duties. The move comes after a recently concluded review of the way the multinational FMCG firm’s media operations in mainland China. WPP will now take over managing the planning and buying of Unilever’s media [...]
Facebook Risks Losing MRC Accreditation; IMAA Partners with TheNetworkOne
In today’s ExchangeWire news digest: Facebook risks losing its MRC accreditation over insufficient ad measurement; Australia’s IMAA teams up with TheNetworkOne to bring bolster its offering to independent media outlets; and Google’s Mel Silva responds to the compulsory revenue sharing code set to be enforced in Australia. Facebook risks losing MRC accreditation as its ad metric is found wanting Facebook has been warned that it could have its advertising accreditation revoked after failing to provide an effective performance metric. The concerns came [...]
News Corp Australia Partners with Flybuys; US Local Media Advertising Down 3.6%
In today’s ExchangeWire new’s digest: News Corp Australia partners with customer loyalty platform Flybuys to bolster its audience segments; US local media advertising is expected to fall by 3.6% as Coronavirus keeps live sports on hold; and Pixep could become Norway’s largest tech IPO as it seeks $200m in funding. News Corp Australia partners with Flybuys to gain de-identified user data News Corp Australia has announced that it is partnering with consumer measurement firm Flybuys. The union, announced at the publisher’s premier [...]