Since the onset of the global pandemic, advertisers have either paused or pulled media dollars, which has sent programmatic prices haywire. All of this has been driven by the uncertainty of what lies ahead.
Since the onset of the global pandemic, publishers have an abundance of supply with a clear spike in web traffic. The challenge, however, for those publishers is that the content driving the uplift is on the coronavirus, a topic advertisers have chosen largely to avoid. Read more below. With uncertainty of how the coronavirus will impact the ad market, many advertisers have either paused or pulled media, which has sent programmatic prices haywire. Fact checking site Snopes had a 44% increase in traffic over the past 30 days, but dwindling ad revenue and a lack of resources is preventing the company from staffing up to combat coronavirus misinformation. In March, Bloomberg Media grew its new subscriptions by 86% compared with February. CEO Justin Smith discusses subscription growth, virtual events and navigating through uncertainty. As agencies look for ways to survive amid the economic downturn, they are now among the companies currently exploring whether to layoff or furlough employees. We're hosting a special live recording of the Digiday Podcast today at 3 p.m. ET with Complex Networks CEO and founder Rich Antoniello. Register here to tune in over Zoom. Other things to know about With a greater need than ever to stay connected and informed, we’ve introduced a new Digiday+ member feature to help navigate these turbulent times: Digiday+ Talks. Learn more here. We're hosting a special live recording of the Digiday Podcast today at 3 p.m. ET with Complex Networks CEO and founder Rich Antoniello. Register here to tune in over Zoom. | |
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