LIN Media Continues to Expand Digital Marketing Portfolio with Majority Ownership Acquisition of Dedicated Media
10 Aprile 2013 - 3:00PM
Business Wire
LIN TV Corp. ("LIN Media"; NYSE: TVL), a local multimedia
company, announced today that it acquired a majority ownership
position in Dedicated Media, a leader in multi-channel ad buying
and optimization. The acquisition adds depth to LIN Media’s suite
of digital marketing solutions and maximizes the effectiveness of
advertising campaigns by further advancing its performance-based
technology, data targeting and detailed reporting and
analytics.
“This is another strategic acquisition that we have made to
deepen and differentiate our digital marketing portfolio and
provide best-in-class advertising solutions to our clients,” said
Vincent L. Sadusky, President and Chief Executive Officer of LIN
Media. “Dedicated Media employs the latest proven technologies to
create, plan and execute the most effective digital marketing
campaigns on behalf of its global clients. We are excited about the
numerous synergies and revenue opportunities that we intend to
achieve as a result of this acquisition.”
Founded in 2004, Dedicated Media is headquartered in Los
Angeles, CA with offices in New York, Chicago and San Francisco,
and provides industry-leading products that include:
- Dedicated Networks secures inventory
directly from top-tier, hand-selected sites that are based on the
needs of the client and utilizes Dedicated Media’s proprietary
SMARTstack platform, a powerful ad delivery system, to offer custom
plans with advanced data targeting, sophisticated decision-making
technology, robust detailed reporting and analytics, and industry
leading brand safety.
- Digital Video Response Network
seamlessly and cost-effectively distributes its clients’ video to
the right audiences through precision targeting capabilities.
- CPADNA, Dedicated Media's top-tier,
cost-per-acquisition platform that unites advertisers and
affiliates through performance-based technology, including Cost Per
Action (“CPA”), Cost Per Click (“CPC”) and Click2Call (“C2C”)
network advertising.
“Dedicated Media has the ability to deliver the right ads to the
right users at the right times,” said Robb Richter, Senior Vice
President Digital for LIN Media. “Many brands and agencies have
adopted this model as a cornerstone to their media planning. We are
committed to ensuring our clients spend their digital marketing
dollars on solutions that will deliver the greatest returns.”
“LIN Media’s vision of digital marketing is perfectly aligned
with the Dedicated Media approach to use data, innovative
technology and intelligence to drive revenue, manage risk, increase
response and ROI across a growing number of digital channels,” said
Scott Yamano, Chief Executive Officer and Co-Founder of Dedicated
Media. “LIN Media customers will have greater insight into how
their digital marketing spend impacts their business and how to
optimize their cross-channel campaigns.”
About LIN Media
LIN Media is a local multimedia company that operates or
services 43 television stations and seven digital channels in 23
U.S. markets, along with a diverse portfolio of web sites, apps and
mobile products that make it more convenient to access its unique
and relevant content on multiple screens.
LIN Media’s highly-rated television stations deliver important
local news and community stories along with top-rated sports and
entertainment programming to 10.5% of U.S. television homes. The
Company’s digital media operations focus on emerging media and
interactive technologies that deliver performance-driven digital
marketing solutions to some of the nation’s most respected agencies
and brands. LIN TV Corp. is traded on the NYSE under the symbol
“TVL”.
Forward-Looking Statements
This press release includes statements that constitute
"forward-looking statements," including statements regarding our
future plans and operations. Forward-looking statements inherently
involve risks and uncertainties that could cause our actual results
to differ materially from the forward-looking statements. Factors
that could contribute to such differences include, but are not
limited to, our ability to successfully expand our digital
operations and other risks detailed in our periodic reports filed
with the Securities and Exchange Commission. Reports may be
accessed online at www.sec.gov or www.linmedia.com. By making these
forward-looking statements, we undertake no obligation to update
these statements for revisions or changes after the date of this
press release.
Grafico Azioni Lin TV (NYSE:TVL)
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Grafico Azioni Lin TV (NYSE:TVL)
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