Kitara Media announces private placement of USD7.0m
M2 - Mon Apr 28, 5:44AM CDT
Kitara Media Corp (OTCBB:KITM), a digital media and technology company, announced on Friday the signing of definitive agreements with institutional and other investors for the private placement of USD7.0m of the company's common stock and common stock warrants.
Kitara Media to Raise $7.0 Million in Private Placement
PR Newswire - Fri Apr 25, 7:38AM CDT
Kitara Media Corp. (OTCBB: KITM), (the Company) today announced it has entered into definitive agreements with institutional and other investors for the private placement of $7.0 million of the Company's common stock and common stock warrants, including through the conversion of a $1 million promissory note held by Ironbound Partners Fund LLC, an affiliate of the Company's Non-Executive Chairman of the Board.
Global Video Ad Tech SystemsMarket 2014-2016 - Analysis of the $7 Billion Industry
M2 - Thu Apr 17, 4:37AM CDT
Research and Markets (http://www.researchandmarkets.com/research/r4592m/video_ad_tech) has announced the addition of the "Global Video Ad Tech SystemsMarket 2014-2016 - Analysis of the $7 Billion Industry" report to their offering. This extensive video ad tech research report is segment-by-segment portrait of the sector's economic fundamentals, growth trajectories, media CPMs, serving CPMs, formats supported, business models and marginal performance yielding net revenue. Each segment (video ad networks, trafficking platforms and programmatic technologies) is analyzed against monthly and annual unduplicated inventory, sources of supply and demand, percentage of spend by format (in-stream, in-banner, display and overlay), including domestic and international undertakings. The report, Video Ad Tech Systems: Inventory Clearing, Trafficking, Spend and Business Operations Analytics: 2014 - 2016, delivers a segment-by-segment portrait of the sector's economic fundamentals, growth trajectories, media CPMs, serving CPMs, formats supported, business models and marginal performance yielding net revenue. Each segment (video ad networks, trafficking platforms and programmatic technologies) is analyzed against monthly and annual unduplicated inventory, sources of supply and demand, percentage of spend by format (in-stream, in-banner, display and overlay), including domestic and international undertakings. Video ad networks cleared 17.2% of video spend, trafficking platforms delivered the equivalent of 55.9% of sector share, and programmatic systems handled 26.9%. The digital video advertising industry's roaring momentum toward workflow efficiency and big data utilization--enriching inventory transparency and audience demographics--has resulted in a marketplace rapidly closing the monetization gap across the video ad tech ecosystem, synchronizing inventory and media spend growth. As buyers increasingly adopt a range of programmatic tools to better manage cross-platform demand, publishers are responding with selling tools and issuing RFP's that address complex criterions for desirable automated trading outcomes. The digital video advertising sector is poised to return $4.4 billion in total net revenue (excluding AOL/Adap.tv and Google's properties) by year-end 2016. The Q & A Forums are important complements to this data-rich study, with insights tendered by the sector's foremost innovators: Adobe Primetime, BlackArrow, Blinkx, BrightRoll, Collective, FreeWheel, LiveRail, Martini, DG/MediaMind, Mixpo, SET Media, Rocket Fuel, SpotXChange, Videology, Vindico, Visible Measures, YuMe, Inc. and others. This concentrated inventory, spend, business operations and sector analytics report is an investment vehicle for agencies, brands, publishers, operators, consulting practices, tech media services firms, VCs and investment banks, commented research director Paul A. Palumbo. Companies Mentioned - Adobe Primetime - Adrise - Blackarrow - Blinkx - Brightroll - Collective - Dg/Mediamind - Dynamix - Freewheel - Jun Group - Jwplayer - Kitara Media - Liverail - Madison Logic - Martini - Mixpo - Ndn (News Distribution Network) - Pointroll - Rocket Fuel - Setmedia - Spotxchange - Sundaysky - Tremor Video - Videology - Vindico - Visible Measures - Yume Inc For more information visit http://www.researchandmarkets.com/research/r4...eo_ad_tech
Kitara Media Reports Fourth Quarter And Full Fiscal Year 2013 Results
PR Newswire - Mon Mar 31, 4:19PM CDT
Kitara Media Corp. (OTCBB: KITM) ("Kitara Media"
Kitara Media names Chris Magdelinskas as Chief Technology Officer
M2 - Wed Mar 12, 3:33AM CDT
Kitara Media Corp (OTCBB:KITM), a video solutions provider for advertisers, digital marketers and publishers, announced on Tuesday the appointment of Chris Magdelinskas as chief technology officer of the company.
Kitara Media Appoints Chris Magdelinskas to Chief Technology Officer
PR Newswire - Tue Mar 11, 7:00AM CDT
Kitara Media Corp. (OTCBB: KITM), a leading video solutions provider for advertisers, digital marketers and publishers, today announced industry veteran Chris Magdelinskas as Chief Technology Officer. Magdelinskas will be responsible for developing and executing Kitara Media's technical strategy and leading a technology team. Magdelinskas brings 15 years of online advertising technology experience and leadership.
Internet Ad Sector Flourishes While Gas and Oil Exploration Struggles: Kitara Media (OTCBB: KITM), DataJack, Inc. (OTCQB: DJAK), Santa Fe Petroleum, Inc. (OTC BB: SFPI)
ACCESSWIRE - Fri Jan 17, 7:02AM CST
With projected online video ad spending skyrocketing to more than $4 billion in 2013, it was a banner year for this burgeoning sector, according to research firm eMarketer.
Kitara Media Highlights 5 Online Video Advertising Insights For 2014
PR Newswire - Mon Dec 23, 8:00AM CST
Kitara Media (OTCBB: KITM), a leading digital media and technology company providing video solutions to advertisers, digital marketers and publishers, today highlights the growth of the online video advertising with 2014 consumer and industry insights. The use of video by digital marketers and advertisers grew exponentially as eMarketer projected online video ad spending to eclipse $4 billion in 2013. Consumers are empowered by the flexibility mobile offers and are increasingly looking for new ways to engage with online video on phones, tablets and other connected devices.
Kitara Media Acquires Top Health Video Site Healthguru.com; Combined Business 2014 Revenues Estimated At $50 Million
PR Newswire - Wed Dec 04, 7:00AM CST
Kitara Media Corp. (OTCBB: KITM), a leading digital media and technology company providing video solutions to advertisers, digital marketers and publishers, today announced the acquisition of Health Guru Media, Inc., operator of Healthguru.com, the number one online health video resource site for consumers according to comScore.
Kitara Media Delivers PROPEL+ Video Content And Ad Delivery Solution For Advertisers And Publishers
PR Newswire - Wed Nov 20, 7:00AM CST
Kitara Media Corp. (OTCBB: KITM), a leading digital media and technology company providing video solutions to advertisers, digital marketers and publishers, today announced PROPEL+, which combines efficient delivery and optimization into one video platform. PROPEL+ provides strong brand promotion for advertisers and additional revenues for publishers with engaging video content.
Kitara Media swings to profit in Q3 2013
M2 - Fri Nov 15, 4:07AM CST
Kitara Media Corp (OTCBB:KITM), a digital media and technology company providing video solutions, on Thursday reported consolidated net income of USD0.175m, for the third quarter of 2013, ended 30 September 2013.
Kitara Media Reports Third Quarter 2013 Financial Results
PR Newswire - Thu Nov 14, 7:00AM CST
Kitara Media Corp. (OTCBB: KITM), a leading digital media and technology company providing video solutions to advertisers, digital marketers and publishers, today reported financial results for the third quarter ended September 30, 2013.
Kitara Media Secures $10 Million Credit Facility from Wells Fargo Capital Finance
PR Newswire - Thu Nov 07, 8:00AM CST
Kitara Media Corp. (OTCBB: KITM) today announced it has closed on a new three-year credit facility with Wells Fargo Capital Finance. The transaction provides up to a $10 million revolving line of credit scheduled to mature in November 2016.