Ann: GENERAL: SNK: CBSi Asia signs Snakk as mobile ad partner in...

  1. lightbulb Created with Sketch. 2
    • Release Date: 09/03/15 08:53
    • Summary: GENERAL: SNK: CBSi Asia signs Snakk as mobile ad partner in 12 countries
    • Price Sensitive: No
    • Download Document  4.39KB
    					SNK
    09/03/2015 08:53
    GENERAL
    PRICE SENSITIVE
    REL: 0853 HRS Snakk Media Limited
    
    GENERAL: SNK: CBSi Asia signs Snakk as mobile ad partner in 12 countries
    
    SNK: NZX MARKET UPDATE
    9 March 2015
    
    CBS Interactive signs Snakk Media division as sole mobile ad partner in Asia
    Snakk's Represent Media to fill mobile ad space for CBSi in 12 Asian
    countries
    
    AUCKLAND, New Zealand, 9 March 2015 - The Snakk Media (NZAX: SNK) division
    selling mobile ad inventory for premium publishers, Represent Media, has
    signed an agreement with CBS Interactive Pty Ltd (CBSi) in Asia.
    
    The agreement means Represent Media will sell the premium ad inventory
    available on the Asian mobile properties of CBSi, the premier regional mobile
    network for information and entertainment covering a growing audience of
    millions of technology and gaming enthusiasts.
    
    With more than 298 million people globally visiting its properties each
    month, CBS Interactive is a top 15 Internet property globally and reaches
    over 160 million unique visitors from Asia Pacific each month. Its portfolio
    of leading brands which include CNET, GameSpot, TV.com, Download.com,
    TechRepublic and ZDNet, span popular categories including technology,
    entertainment, sports, news and business.
    
    CBSi is the first publisher that Represent Media has signed in Asia, with the
    agreement extending to 12 countries: Singapore, Vietnam, Malaysia, Indonesia,
    Brunei, Cambodia, Hong Kong, Laos, Macau, Philippines, Taiwan and Thailand.
    
    "Securing a premium publisher like CBSi across such broad and emerging Asian
    markets is a significant milestone for Represent Media," says Represent Media
    General Manager Jamie Hollebone. "The CBSi titles are enormously relevant to
    the region. We worked hard to win this particular deal, and we're looking
    forward to growing Asian mobile revenues for CBSi."
    
    CBSi Sales Director Nikki Ludowyke explains why they selected Represent Media
    as their partner in Asia: "Asia is such a burgeoning and vital market for us;
    after a competitive market review we felt that Represent Media was the new
    'challenger brand' to work with."
    
    Snakk Group CEO Mark Ryan says interest in Represent Media has grown rapidly
    since the division was launched in mid-September: "The potential of mobile
    advertising in the Asia Pacific region is unparalleled. Jamie and the
    Represent team are quickly making their presence felt in market. We'll
    continue to work on establishing quality partnerships with premium publishers
    in Asia, Australia and New Zealand.
    
    "With the volume of opportunity ahead and the positive market sentiment
    around mobile advertising, we are going to raise more funds to scale this new
    division and other areas of the Snakk business. We're determined to make 2015
    another exciting year for the company."
    
    Represent Media generates revenue from brand advertisers paying to access
    specific publishers' mobile ad space. Represent Media uses the same creative
    talent and best-of-breed smart screen advertising technologies that power
    Snakk Media. These technologies focus on sophisticated targeting to reach the
    right mobile audience, encompassing video, geo-targeting and native
    advertising.
    
    ENDS
    
    For media enquiries, please contact:
    Julie Landry, 021 895 098, [email protected]
    For investors enquiries, please contact:
    Malcolm Lindeque, Company Secretary, 021 464 392, [email protected]
    www.snk.co.nz, www.twitter.com/snakkmedia
    
    About Represent Media
    Represent Media is a wholly-owned subsidiary of Snakk Media Ltd offering
    advertisers highly-targeted and engaging mobile ad campaigns that run
    exclusively across the mobile apps and websites produced by well-known
    publishing brands with large audience followings. The company matches a
    brand's desire to appear on these specific "big name" mobile apps and
    websites with the publisher's supply of ad space.
    
    About Snakk Media Ltd
    NZAX-listed Snakk Media helps brands find and reach consumers using apps,
    games and social media on their smartphones, tablets and other smart screens.
    The company generates revenue every time it successfully targets and delivers
    an ad across its networks of mobile websites, apps and games. The ads are
    targeted to ensure the right audiences see them at the right time and place.
    
    Snakk is one of the first public companies in the world that has met the
    rigorous social and environmental performance standards required to become a
    certified B Corporation.
    End CA:00261583 For:SNK    Type:GENERAL    Time:2015-03-09 08:53:42
    				
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.