Yahoo will serve sponsored search and contextual ads across Viacom's 33 broadband Web sites, and the deal may later be expanded to cover some 140 Viacom sites worldwide.
Yahoo has parlayed its new ad-placement platform, Panama--and likely some ill will swirling around Google--into a multiyear deal to serve sponsored search and contextual ads across 33 Viacom Web sites, such as those of MTV and Comedy Central.
Terms weren't disclosed. In February, Viacom sites worldwide drew 76.6 million unique visitors 15 or older, says Internet metrics company ComScore.
Viacom had little choice. Having recently sued Google for copyright infringement on YouTube, Viacom couldn't very well shake the hand it's biting. That left Microsoft and Yahoo, and Yahoo is better established in search marketing.
Before Yahoo launched its Panama ad platform in February, companies that bid the most money for keywords received the highest ad placement on Yahoo search results pages. But Google proved that giving some preference to better-performing ads resulted in higher revenue. So Yahoo built that capability--ad quality measurement--into Panama to boost ad revenue.
Shortly after Panama was launched, ComScore reported an improved click-through rate for Yahoo ads, providing some validation. Now with Viacom onboard, Yahoo's prospects look even better.
Building A Mobile Business MindsetAmong 688 respondents, 46% have deployed mobile apps, with an additional 24% planning to in the next year. Soon all apps will look like mobile apps – and it's past time for those with no plans to get cracking.
Top IT Trends to Watch in Financial ServicesIT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Join us for a roundup of the top stories on InformationWeek.com for the week of October 9, 2016. We'll be talking with the InformationWeek.com editors and correspondents who brought you the top stories of the week to get the "story behind the story."