Today's Must Read - Twitch Will Sell Products QVC-Style For Prime Day
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Today's Must Read
[Twitch Will Sell Products QVC-Style For Prime Day](
The close alignment between Twitch and its parent company signals how Amazon can use the media company to support its ecommerce business â and why it paid nearly $1 billion for the company five years ago... [More.](
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News Round Up
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Wondery-ful
A spree of acquisitions of podcasting and streaming audio ad tech startups by Spotify, Pandora and iHeartMedia has somewhat consolidated the category, but the independent market is still growing. Podcast production network Wondery raised $10 million last week at a valuation of more than $100 million. Podcast ad revenues in the United States grew 53% last year to $479 million and are expected to surpass $1 billion by 2021, according to the IAB and PwC. Wondery is the fourth-largest podcast publisher and has created shows such as âDirty John,â which went on to become a TV program on Bravo. The company, on track to hit $25 million in revenue this year, will use the funds to expand to new international markets, The Wall Street Journal reports. âPodcasts are growing faster than anybody expected both from total listening as well as total advertising revenue,â said Wondery CEO Hernan Lopez. [More](.
Brick By Brick
Amazon has expanded a pilot program allowing people to pick up their online orders in participating stores to the North America region, with Rite Aid as the first brick-and-mortar partner, Internet Retailer reports. The program, called Counter, is similar to the Amazon lockers; both show up as a delivery option on the checkout page. âBeing the first store partner for Counter in the US is a differentiator for Rite Aid and we believe our partnership with Amazon, that includes Locker, creates a stronger in-store experience,â said Jocelyn Konrad, Amazonâs EVP of retail and pharmacy operations. Kohlâs got a lot of value out of a deal with Amazon to be the ecommerce leaderâs first major US retail partner to take returns at store locations. At the time, many in the industry considered the Amazon-Kohlâs deal a Trojan horse. But many have come around on dealing with Amazon, and see these kinds of pick-up or drop-off partnerships as a way to increase foot traffic. [More](.
Bellyaching
Mobile platforms have disintermediated everything from brands to newspapers, politicians to movie studios. Now you can add restaurants to the list. The biggest online ordering company is Grubhub, which charges restaurants a transaction fee and fees for marketing services. But the company is getting some pushback from restaurant owners. For one thing, Grubhub has purchased domain names for more than 23,000 locations that, unbeknownst to diners or the real restaurant owners, were siphoning search traffic into Grubhub-owned affiliate channels, The New Food Economy reports. Grubhub gets a lower fee on traffic from a restaurant's real site. Grubhub also displays fake phone numbers that redirect through the appâs call service, enabling it to claim fees as high as 30% even if users think theyâre ordering directly from a restaurant. [More](.
But Wait, Thereâs More
- [Twitter To Label Abusive Tweets From Political Leaders]( - NYT
- [British Broadcasters Are Taking On Netflix. Again.]( - Bloomberg
- [Google Users Can Now Auto-Delete Location Data]( - WaPo
- [FuboTV Launches Free, Ad-Supported Sports Channel]( - FierceVideo
- [Tapad Partners With Beeswax To Extend Identity Resolution]( - release
- [Google Launches A New Portal For Small Businesses]( - TechCrunch
- [YouTube Is Pushing Augmented Reality Ads]( - Digiday
- [Mediaocean Wants To Create A âDSP For TVâ]( - Adweek
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[The Big Story Episode 47:]( Tumultuous TV!
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[The Big Story Episode 42:]( Google-Fu
[The Big Story Episode 41:]( Strange New World
[The Big Story Episode 40:]( United We Stand
[The Big Story Episode 39:]( Stack That Cash
[The Big Story Episode 38:]( The Great Escapes
[The Big Story Episode 37:]( Riding Eternal, Shiny And Chrome
[Check out all episodes of The Big Story >>](
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[AdExchanger Talks Episode 130:]( S4 Capital's Martin Sorrell
[AdExchanger Talks Episode 129:]( Criteo's Mollie Spilman
[AdExchanger Talks Episode 128:]( IPG's Arun Kumar
[AdExchanger Talks Episode 127:]( Beeswax's Ari Paparo
[AdExchanger Talks Episode 126:]( Integral Ad Science's Lisa Utzschneider
[AdExchanger Talks Episode 125:]( Publicis Groupe's Rashid Tobaccowala
[AdExchanger Talks Episode 124:]( Dentsu Aegisâ, Doug Ray
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[AdExchanger Talks Episode 122:]( 614 Group's Rob Rasko
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