Today's Must Read - Overheard At Luma: Relevant Pubs Will Win, Everyone Else Will Fail
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Today from AdExchanger
Wednesday, May 16
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Today's Must Read
[Overheard At Luma: Relevant Pubs Will Win, Everyone Else Will Fail](
Despite the value media people ascribe to the importance of what they call premium content, âtheir brands are disposable,â Skift CEO and founder Rafat Ali said. [More.](
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News Round Up
Sorrell Speaks
Martin Sorrell had plenty on his mind as he took the stage at Luma Partnersâ DMS conference on Tuesday, so much so that moderator Terry Kawaja could hardly get a word in. Sorrellâs most surprising comments were on Amazonâs ad business. He said Amazonâs ad teams are âsuperbâ and more sophisticated than their counterparts at Google and Facebook. âThe Amazon people are extraordinarily well directed.â He also described a long negotiation WPP undertook with Amazon to put a clientâs product on the platform. As part of the deal, Amazon agreed to share first-party data with WPP and its client. However, âafter a long negotiation the product goes onto the platform and Amazon doesnât provide the data.â As a result the deal was canceled. Sorrell also said of the tech giants as a group: âThey have massive economic power and with massive economic power comes responsibility. Whereâs the transparency of the algorithm? Whereâs the transparency of the page rankings? They have to be responsible for the content that flows through their pipes. They canât disown responsibility.â
Hazy View
Since 2012, Facebookâs view tags have allowed marketers to see if their ads drove sales. They were a convenient tool back in the day when Facebook needed to prove out its desktop advertising. But Facebook said in a blog post that it is altering the way view tags, which donât work well in mobile, can be used: âMoving forward, we'll work with a more focused set of view tag providers to allow them to count impressions for verification purposes, but view tags will no longer be used for measurement purposes beyond counting.â The change begins with new campaigns beginning July 1, and campaigns running before July 1 will see the changes on Oct. 1. [Read the blog](.
Kargo Jettisoned
Kargo has hit the pause button on its European business as GDPR looms. As of May 25, Kargo wonât be ârunning revenueâ in the EU, transferring a third of its London office to the French-owned digital ad company Sublime Skinz. The move represents Kargoâs attempt to âwait outâ the uncertain regulatory and enforcement environment of a post-GDPR world, writes The Drumâs Ronan Shields. Also, Kargo â like many of its ad net predecessors â is attempting to become a pure programmatic tech provider, and it cut 40 staffers in April to accommodate that shift. [More](.
Dumping The DMP?
Marketers including Duracell and Deutsche Telekom have moved away from using data management platforms because they feel theyâre not getting value. And with GDPR on the horizon, brands are removing tags from their websites and advertisements to limit their collection of third-party data. DMPs are expensive and take a lot of resources to set up and manage, and as marketers bring more resources in-house, theyâre debating whether the cost is worth the benefit, writes Seb Joseph at Digiday. âEighty percent of the advertisers I speak to feel like theyâre not getting the most from their DMP,â an ad tech consultant said. âBut rather than shut them down and admit that a piece of technology so expensive hasnât worked up until now, Iâm seeing marketers use the GDPR to exercise break clauses in their contracts with DMPs so they can figure things out.â [More](.
But Wait, Thereâs More!
- [The Moat Map]( - Stratechery
- [Digital Revenues Up, Profits Down At Dentsu]( - Campaign
- [New Facebook Data Leak Exposed Details On 3 Million Users]( - New Scientist
- [Data, But Few Details, On What Facebook Removes]( - NYT
- [S4M Raises $12 Million In Funding]( - release
- [Cable TV Sees Rise In VOD Ad Opportunities]( - MediaPost
- [Snap Starts Showing Unskippable Six-Second Ads]( - AdAge
- [Centro Integrates With Tapad For Cross-Device Performance]( - release
- [The Extremist Approach: Why Some Pubs May Block EU Visitors]( - Digiday
- [OpenOcean: Mark Read & Caroline Daniel At CEO Summit]( - blog
- [US Cell Carriers Selling Real-Time Phone Location Data]( - ZDNet
Youâre Hired!
- [Mirriad Expands Global Exec Team]( - release
- [Daphne Wang Joins Bully Pulpit Interactive As Senior Director]( - blog
- [Adam Green Joins Broadsign As GM, Broadsign Reach]( - release
- [AdMarketplace Taps Ad Tech Vet Ariff Quli As CRO]( - release
Podcasts
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