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Triton Digital Media Acquires Online Radio Tracker Ando Media

Online radio services provider Triton Digital Media has bought web radio audience measurement firm Ando Media, the companies said in an e-mail release. All the recent activity around M&A’s for audience data companies—like today’s $1.8 billion merger between Adobe (NSDQ: ADBE) and Omniture (NSDQ: OMTR) and The Rubicon Group’s purchase of Others Online—is further evidence that the rush to promise ROI has led to a glut of such services. Now, the consolidation is sprinting forward. The two companies symbolize the situation perfectly. Last month, Triton acquired audience loyalty marketer Enticent. Also in August, Ando merged with Spacial Audio, which handles ad management webcasters. As for this latest deal, financial terms weren’t disclosed.

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Sep 15, 2009 6:09 PM ET

Triton Media

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Posted In: Advertising, Media & Publishing, Radio, Money, M&A & Venture Capital, Mergers & Acquisitions, Research & Metrics

  • Lotus Public Relations

    Eyal Goldwerger, CEO of TargetSpot, the nation's largest Internet radio advertising network, had this to say about the acquisition/merger:

    “The Internet radio industry is growing rapidly, and deals like this are signs of an industry that is on the move. As companies seek to round out their service offerings we will see more acquisitions and partnerships like this one. Ando has been an independent provider of audience measurement and it will be important to broadcasters and advertisers to understand whether Ando will maintain its neutrality or choose to become an industry participant. We wish them the best of success in whichever path they choose.”

    “One of the factors driving the demand in the Internet radio industry is the convergence of technology with radio ad sales. TargetSpot has been on the forefront of this, and capabilities such as geographic targeting are instrumental in creating situations where both advertisers and radio stations win. When this happens advertisers can target their audience to get the greatest return on their investment while radio stations maximize the use of their inventory.”

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