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In this weekly segment, ExchangeWire sums up key industry updates in ad tech from around the globe. In this edition: Gray Television acquire 17 of Meredith’s TV stations; Twitter acquire Scrolls as part of their move into newsletters; IPG Mediabrands partner with Vice Media Group; and TikTok begin trialling an in-app ecommerce tool.
Gray Television have inked a deal to buy 17 of Meredith Corporation’s TV stations for USD $2.7bn (£1.9bn). The move will increase Atlanta, Georgia-based Gray’s holdings to 101 outlets across 113 US markets, bringing the firm’s national reach to 36% of all US households.
Gray have sought to acquire more TV stations over the past years, having reached a deal earlier this month to acquire 7 TV stations from Byron Allen Media. The company have also emphasised their interest in production by investing in fellow Atlanta firm Swirl Films, as well as in their existing Tupelo Honey unit.
La transformation de Twitter passera bien par le premium
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The Scroll service is a clever hack that tells websites not to serve you advertisements by using third-party cookies or browser extensions. It s not exactly an ad-blocker, but it does give a portion of your subscription fee to the websites you visit that participate. It will no longer welcome new signups now that it has been purchased by Twitter.
Scroll CEO Tony Haile says one of the reasons he sold his business is that Twitter s goals are bigger than people suspect .
However, it s unclear what Twitter plans to do with Scroll. Twitter is undoubtedly developing a subscription package that will bundle a number of services, but only Twitter knows what will be included, how much it will cost, and who will share in the revenue.