International: News Corp./Yahoo Combo Would Yield Display-Ad Powerhouse

NEW YORK (AdAge.com) -- Want to talk about massive display share? Forget Yahoo and Microsoft -- it's Yahoo and News Corp. that could shake up that world.

e4m by exchange4media Staff
Published: Feb 15, 2008 7:11 AM  | 4 min read
International: News Corp./Yahoo Combo Would Yield Display-Ad Powerhouse

NEW YORK (AdAge.com) -- Want to talk about massive display share? Forget Yahoo and Microsoft -- it's Yahoo and News Corp. that could shake up that world.

The two companies are discussing a deal that would make News Corp.'s Fox Interactive Media assets part of Yahoo in exchange for a 20% stake in the newly combined entity, according to a person familiar with discussions.

Right now the key for this deal is for management to test the idea with a few key shareholders to see how they would react to a potential merger -- and whether they would value the combination at $50 billion, which is the value News Corp. and Yahoo assign the deal. It's unclear at this point whether shareholders would share management's valuation estimate.

Best case, worst case

In the best case scenario, the market agrees that a Yahoo-Fox Interactive combination is worth $50 billion. In the worst case scenario, the talks put pressure on Microsoft to raise its bid to acquire Yahoo from $44.6 billion. News Corp.'s deal was first reported on blogs Silicon Alley Insider and TechCrunch and confirmed yesterday by The Wall Street Journal, which is part of News Corp.

What would such a combined entity look like? It would be a display-ad giant. According to ComScore, Yahoo has 18.8% of total display-ad impressions online, while News Corp.'s Fox Interactive, which includes MySpace, has 16.3%. Microsoft, meanwhile, serves up 6.7%. Yahoo-Fox Interactive would, however, lack the search scale of a Microsoft-Yahoo combo. According to ComScore, in December 2007, Microsoft sites accounted for 984 million U.S. searches while MySpace accounted for 342 million U.S. searches. Fox Interactive already has an ad deal with Google to provide search and other ads on MySpace; it's unclear whether a change of ownership would allow Google or Fox

Interactive to end that partnership.

Yahoo desperately wants to stay independent and doing a deal with News Corp. could stave off the takeover proposed by Microsoft. Yahoo management believes it has not yet had time to prove out the strategy it has employed over the past year, as CEO Jerry Yang reiterated in a letter sent to shareholders today.

Grow its ad network

"We have a huge market opportunity -- and are uniquely positioned to capitalize on it," he wrote. "The global online advertising market is projected to grow from $45 billion in 2007 to $75 billion in 2010." He said Yahoo aims to grow its "starting points," such as e-mail and the home page, by 15% in 2007. He also emphasized the company's plans to grow its ad network, create a more friction-less marketplace through ad exchanges and open its platform to third-party developers.

On person familiar with the Yahoo-News Corp. discussions said the integration challenges that critics of a Microsoft-Yahoo merger have raised are less of a concern with a Yahoo-Fox Interactive combo. Whereas Microsoft and Yahoo have their own robust ad platforms -- and would likely fight over whose gets used if the two were combined -- Fox Interactive would be easier to plug into Yahoo's ad platform. This person said the combination of MySpace's targeting and Yahoo's behavioral data could be a huge boon.

The hand News Corp. is lending to Yahoo appears to be a reversal of CEO Rupert Murdoch's position on his Feb. 4 earnings call in which he said News Corp. is "definitely not going to make a bid for Yahoo." However, when asked of a possible linkup between the two companies, he added: "I think that has passed, but you never know."

Yahoo and News Corp. face challenges convincing shareholders that their combination is worth $50 billion. But Tim Hanlon, exec VP at Publicis Groupe's Denuo, is bullish: "For Yahoo, [it] would add a key component that Microsoft can't -- content," he said. "For News Corp., [it would add] immediate access to a wealth of web services that neither MySpace alone nor ten digital acquisitions could ever get them."

Source: AdAge.com

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E4M Our strategy is to target younger audiences through Sports: Rajiv Dubey, Dabur

The Head of Media at Dabur India spoke exclusively to exchange4media on the World Cup, associating with Indian Idol, the company’s digital spending and much more

e4m by e4m Staff
Published: Oct 27, 2023 6:15 PM  | 1 min read
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With quirky campaigns, memes and moment marketing, timed with the ongoing World Cup and particularly the India-Pakistan matches, Dabur India has got considerable consumer attention for its popular brands – Red Paste, Cool King Hair Oil, Chyawanprash, Dabur Vita and the recently launched Bae Fresh Gel toothpaste.

The 140-year-old company is going big on key sporting events, World Television Premiere (WTP) movies and reality shows. It is now gearing up to become the title sponsor of popular talent show ‘Indian Idol’ on Sony TV for the first time, shared Rajiv Dubey, who leads the media strategy at Dabur.

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Swapan Seth's new book 'COOL' is out

The book is a reflection of the author's 'eclectic taste across categories'

e4m by e4m Staff
Published: Oct 27, 2023 6:07 PM  | 1 min read
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Advertising professional and art collector Swapan Seth has announced the launch of his new book COOL. The book is described as "a ready reckoner to the hip and the happening, of the known and the very unknown."

The book is a reflection of the author's "eclectic taste across categories: from boltholes to exotic hideaways."

COOL has been published by Simon & Schuster India and is available on Amazon.

Seth is an ad veteran with a long and illustrious career in the industry. He became the youngest-ever Creative Director at Clarion at age 24. He was VP at 26 at Trikaya Grey. Two years later, he started his agency Equus.

He writes for publications such as The Economic Times, Hindustan Times and India Today. This is his second book and he has previously published THIS IS ALL I HAVE TO SAY.

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Disney Star signs 9 sponsors for Asia Cup PAK

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up come on board

e4m by exchange4media Staff
Published: Aug 26, 2023 11:48 AM  | 1 min read
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e4m Staff Disney Star has signed nine broadcast and digital streaming sponsors for the upcoming Asia Cup.

Charged by Thums Up, Nerolac Paint+, Amazon Pay, Jindal Panther, My11Circle, MRF, Samsung Galaxy Z Flip5, Wild Stone and Thums Up have come on board for the upcoming tournament.
As reported earlier by exchange4media, Disney Star has sought Rs 26 crore for the co-presenting sponsorship on TV and Rs 30 crore for Disney+ Hotstar.

According to industry sources, the associate sponsorship on Star Sports has been priced at Rs 19.66 crore, whereas for the ‘powered by’ sponsorship on Disney+ Hotstar, the broadcaster is seeking Rs 18 crore.

As per the information available with exchange4media, Disney+ Hotstar has three sponsorship tiers-- co-presenting (Rs 30 crore), powered by (Rs 18 crore) and associate sponsorship (Rs 12 crore). The broadcaster is offering an estimated reach of 120-140 million for co-presenting sponsors, 90-100 million for powered by and 60-70 million for associate sponsorship.

A spot buy for 10 seconds has been priced at Rs 25 lakh for the India vs Pakistan matches, while for the non-India matches, the ad rate for 10 second is Rs 2.3 lakh. The India matches plus the final for ODIs has been priced at Rs 17 lakh per 10 seconds.

Asia Cup is scheduled to be held from 30 August, 2023, to September 17, 2023.

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Sorted 360 wins creative & social media mandate of Reliance Mall

The agency will manage offline and online campaigns for Reliance Mall

e4m by exchange4media Staff
Published: Aug 26, 2023 10:54 AM  | 1 min read
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Sorted 360, an integrated creative and social media agency, has won the mandate to providing brand solutions for Reliance Malls across India.

“Sorted 360 is set to enhance Reliance Malls' market presence with their unparalleled creative prowess and strategic thinking,” read a press release.

“Sorted 360's commitment to pushing the boundaries of creative communication aligns perfectly with Reliance Malls' ethos. With a pan-India presence spanning across 19 cities and growing, Reliance Malls has consistently captivated customers by offering an array of Reliance brands and third-party fashion & lifestyle brands. The mall has established an unparalleled connection with its patrons through superior quality, a remarkable value proposition, and an unmatched shopping experience,” it read further.

"We are thrilled to welcome Sorted 360 as our trusted partner in advancing our brand presence across the nation," said the Head of Marketing at Relaice Malls. "Their proven expertise in retail, shopping center management, and innovative creative strategies make them the perfect fit for our vision."

"Partnering with Reliance Malls is a testament to our commitment to shaping extraordinary brand experiences," remarked Prerana Anatharam, Co-founder of Sorted 360. "We are excited to leverage our strategic and creative acumen to further elevate Reliance Malls as the epitome of convenience, choice, and excellence."

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:39 PM  | 1 min read

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e4m by exchange4media Staff
Published: Aug 25, 2023 4:38 PM  | 1 min read

KlugKlug onboards Hemang Mehta as Country Manager for Indias

Mehta was most recently Head of Agency Relationships at Network 18 Media & Investments

e4m by exchange4media Staff
Published: Aug 24, 2023 3:35 PM  | 1 min read
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KlugKlug has appointed Hemang Mehta as its Country Manager for India.

Mehta will play a pivotal role in driving KlugKlug's growth and expansion within the Indian market and be responsible for Sales & GTM Strategy

Prior to that, he has also represented organisations like Exponential (now VDX.tv), India Today Digital and Rediff.com. His expertise spans various domains including digital media sales, mobile marketing, media planning, and buying, social media marketing, and more.

Hemang Mehta expressed his enthusiasm about joining KlugKlug, saying, "I am thrilled to be a part of KlugKlug, a forward-thinking platform that is reshaping the influencer marketing landscape. As much as I look forward to collaborating with the exuberant team at KlugKlug, I am super excited to interact with the brands to deliver powerful data-backed Influencer solutions that will guarantee business outcomes."

Commenting on the appointment, Kalyan Kumar, Co-Founder and CEO of KlugKlug, stated, "We are excited to welcome Hemang Mehta to our team as the Country Manager for India. His extensive experience in digital media sales and marketing will be instrumental in driving our efforts to provide influencer marketing solutions to our clients. We believe Hemang's leadership will be key in scaling our operations and expanding our reach within the Indian market."

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