North Dakota Bill Cracks Down on App Stores; TikTok Finished 2020 as Highest-Grossing App
In today’s ExchangeWire news digest: a bill proposed by the North Dakota senate could rein in the power app store operators hold over developers; TikTok finishes 2020 as the world’s most-downloaded and highest-grossing app, with growth continuing into 2021; and ViacomCBS records positive results for Q4 2020. Proposed bill may force Google and Apple to permit alternative app payment systems A new law presented in the senate of North Dakota, US, could make it illegal for app store operators to force developers [...]
Google News May Return to Spain; Facebook and Google "Too Powerful" Says CMA Boss
In today’s ExchangeWire news digest: Google-parent company Alphabet are reportedly in talks to with Spanish publishers to bring Google News back to the country; the head of the CMA says that Facebook and Google hold too much control over the UK’s online advertising market; and Discovery sees revenues flatline, whilst streaming service Discovery+ achieves strong growth. Alphabet in talks to bring Google News back to Spain Alphabet Inc., the parent-company of leading search and digital advertising firm Google, are reportedly making moves [...]
Disney Nears 95 Million Subscribers; US Halts Chinese App Bans
In this weekly segment, ExchangeWire sums up key industry updates in ad tech from around the globe. In this edition: streaming sensation Disney+ closes in on 95 million subscribers; the Biden administration suspends legal action that threatened to ban TikTok and WeChat from the US; the CMA raises concerns that Adevinta’s purchase of eBay’s classifieds unit could damage competition; and Facebook is hit with backlash after deciding to remove news sharing in Australia. Disney+ nears 95 million subscribers Disney streaming phenomenon Disney+ [...]
CMA Raises Concerns Over Adevinta-eBay Deal; UK: PMPs Bloom Whilst Open Exchanges Falter
In today’s ExchangeWire news digest: the Competition and Markets Authority warns that Adevinta’s plan to buy eBay’s classified unit could stifle competition; the UK sees private marketplaces eclipse open exchanges for the first time; and streaming TV stays in the top spot in the US’s consumer subscription space. CMA voices concern over Adevinta-eBay deal The Competition and Markets Authority (CMA) has expressed concern that a proposed deal for ecommerce firm Adevinta to acquire online marketplace Gumtree “could reduce consumer choice, increase fees, [...]
Australian Senate Sends Media Code to Vote; Disney+ Nears 95 Million Subscribers
In today’s ExchangeWire news digest: the Australian senate advances the News Media Bargaining Code to a vote; Disney’s DTC unit sees revenues soar as Disney+ nears 95 million global subscribers; and reports surface that Facebook are developing a Clubhouse competitor. Australian senate concludes Bargaining Code should become law The Australian senate’s economics committee has concluded that the News Media Bargaining Code should be passed into law, “despite the concerns raised” against it. The ruling, announced in a report released earlier today, means [...]
Alphabet Reports Blistering Q4 Revenue Results; IPG See FY 2020 Revenues Slip
In today’s ExchangeWire news digest: Alphabet Inc. achieves better-than-anticipated revenue results for Q4 2020; IPG sees financial results fall 4.8% for the financial year 2020; and it’s revealed that Fox Corp. has high expectations for their ad-supported streaming service, Tubi. Google and YouTube parent Alphabet sees Q4 ad revenue resurge Leading tech company Alphabet Inc. have reported better-than-expected ad revenue results for Q4 2020. The firm saw revenues from ad sales soar to USD $56.9bn (£41.2bn) over the final 3 months of [...]
A CTV Checklist: How Can Streaming Publishers Increase Their Demand?
In this exclusive article written for ExchangeWire, Paul Gubbins, Head of Strategic Partnerships at Publica, details key areas for publishers to consider in order to boost streaming advertising revenues. Fifteen percent of TV viewers cut the cord last year, this year The Trade Desk predicts that number will increase to 27% of TV viewers. Eight in ten UK consumers are willing to watch ads to gain access to free streaming content, while half plan to start watching AVOD streaming services over [...]
EU Contemplates Australia-Style Media Bargaining Code; China Imposes New Antitrust Rules
In today’s ExchangeWire new’s digest: reports surface that the EU will seek to implement legislation similar to Australia’s proposed News Media Bargaining Code, which will force tech platforms to pay publishers for their content; China introduces new regulation to tackle anticompetitive behaviour amongst tech leaders; and Spotify reports strong Q4 2020 results. EU prepared to impose Australian-style code to force digital platforms to pay for news European Union legislators tasked with implementing new digital regulation in the continent want to make it [...]
Kuaishou Goes Public; Univision Bolsters PrendeTV with VIX Acquisition
In today’s ExchangeWire news digest: Chinese streaming ecommerce platform Kuaishou files an IPO; Univision acquires VIX, with plans to merge it with PrendeTV; and Facebook announces a new tool to improve brand safety and suitability for advertisers. Douyin rival Kuaishou goes public Chinese video-sharing app Kuaishou has filed to go public for USD $5.4bn (£3.9bn). The platform has fast emerged as a significant threat to TikTok’s Chinese counterpart, Douyin, in no small part due to its move adoption of “live-streaming ecommerce”, which [...]
Google Threatens to Pull Search from Australia; ICO Resumes RTB Probe
In today’s ExchangeWire news digest: Google threatens to withdraw their Search feature from Australia in response to the News Media Bargaining Code; the ICO resumes their investigation into RTB and the wider ad tech ecosystem; and NBC Universal announces their plan to close NBCSN by the end of 2021. Google threatens to take Search out of Australia Google has threatened to withdraw their search engine from Australia in an escalation of the firm’s battle against the Australian Consumer and Competition Commission’s (ACCC) [...]