Today's Must Read - How Sizmek Fell, And How It Could Be Sold
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Today's Must Read
[How Sizmek Fell, And How It Could Be Sold](
The next two to three weeks will be a busy period, as Sizmek and its private equity owners consider acquisition offers from dozens of interested parties, according to a bankruptcy filing this week. But while the future remains a mystery, the same filing reveals an interesting story of Sizmekâs slide since it was acquired by the private equity firm Vector in 2016. [More.](
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Search Wars 2
Amazon is eating into Googleâs search market share. WPP, the worldâs biggest ad buyer, spent $300 million on Amazon search ads last year, 75% of which came directly from clientsâ Google search budgets, The Wall Street Journal reports. Omnicom said 20% to 30% of Google search budgets shifted to Amazon last year. Amazon is still well behind Google, which controls 72% of the market, according to eMarketer. But while most search budgets moving to Amazon are from CPG marketers selling their goods on the platform, non-endemic marketers, like auto and pharma, see opportunities to buy into Amazon video and category search ads. âThe shift from Google to Amazon search is simple; Amazon has the audience, the transaction and the loyalty to Amazon Prime, which clients can capitalize on,â says Shane Atchison, CEO of Wunderman Thompson North America. [More](.
IBM Offloads Marketing Tech
IBM is selling its marketing platform and commerce software to Centerbridge Partners, a private equity firm, which plans to turn it into a standalone commerce and ad tech company. The deal is expected to close in mid-2019, and no price tag has been disclosed. [Read the release](. The assets include capabilities acquired as part of IBMâs Silverpop acquisition, as well as tools in the âWatson marketingâ portfolio (not to be mistaken with IBM Watson), [Martech Today reports](. The IBM assets Centerbridge is acquiring âwill deliver a modern, comprehensive portfolio of solutions to meet the CMOâs biggest challenges across marketing and advertising.â
Revenue Channels
A recent Android TV update puts sponsored links for OTT apps on the home screens of certain Sony, Xiaomi and NVIDIA smart TVs. The new OTT channel placements were first spotted by [XDA](, a mobile software developers forum. âAndroid TV is committed to optimizing and personalizing the entertainment experience at home. As we explore new opportunities to engage the user community, we're running a pilot program to surface sponsored content on the Android TV home screen,â Google said in a statement. Some people are ticked off, because they are top-of-the-line TVs and thereâs no easy way to block the ads. [More at Ars Technica](.
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