AOL chief needs to show the corporate into an advert empire
Verizon purchased Engadget’s father or mother firm AOL for its advert tech, that a lot we knew. And the person behind that deal was none aside from AOL Chief Government Tim Armstrong, who The Wall Road Journal studies has an eye fixed on constructing the corporate into an enormous cellular advert empire. By 2020 Armstrong goals for AOL to leap from its present seven hundred million customers to 2 billion, and generate between $10 billion and $20 billion in income. With that, Armstrong says AOL would be the prime international media firm.
To hit that objective Armstrong will use a number of totally different techniques, beginning with a bid for Yahoo based on WSJ‘s sources. If it goes by way of, present chief Marissa Mayer might be with no job, however AOL would achieve the agency’s billion month-to-month customers — not far to go to hit two billion after that. The opposite bit on this empire enterprise will contain promoting based mostly on AOL’s inner knowledge units.
Apparently Armstrong was taking conferences throughout CES with a plethora of advert corporations, describing a hypothetical state of affairs the place a lodge chain would grant Verizon entry to a database of its frequent guests. Principally this may be a homegrown model of a direct advertising database, leveraging AOL’s buyer profiles. That type of factor will not be possible till later this yr, from the sounds of it, however a pilot group of advertisers presently have entry.
*Verizon has acquired AOL, Engadget’s dad or mum firm. Nevertheless, Engadget maintains full editorial management, and Verizon should pry it from our chilly, lifeless arms.