Taboola and Future renew partnership, enhancing audience engagement and revenue across Future's digital media brands for another year.
Quiver AI Summary
Taboola, a leader in web recommendations, has renewed its partnership with Future, a prominent digital media company, marking the continuation of their collaboration into its 12th year. The new agreement allows Future to use Taboola’s range of products to enhance audience growth, user engagement, and revenue across its diverse media portfolio, which includes popular brands like TechRadar and Marie Claire. Key features of the partnership will involve the use of Taboola Feed for personalized content recommendations and Explore More to increase engagement from social media-driven traffic. Both companies expressed enthusiasm for the ongoing collaboration, with leaders from Taboola and Future highlighting their commitment to delivering quality content and expanding audience reach.
Potential Positives
- Renewal of partnership with Future marks a significant milestone as it extends into the 12th year, indicating strong ongoing collaboration and trust between the two companies.
- Future will continue utilizing Taboola’s suite of products, which demonstrates the effectiveness of Taboola's offerings in driving audience growth, engagement, and revenue.
- Statements from executives highlight mutual benefits, reinforcing Taboola's role in enhancing the quality and reach of Future's content across well-known brands.
Potential Negatives
- The press release emphasizes the need for continued partnership with Future, which may suggest that Taboola relies heavily on this collaboration for growth and revenue, indicating potential vulnerability in its business model.
- The focus on long-term partnerships could imply that Taboola may not be expanding its client base significantly, possibly limiting new revenue streams and growth opportunities.
- The disclaimer regarding forward-looking statements highlights the inherent risks and uncertainties in the company's future prospects, which may indicate potential instability or challenges ahead.
FAQ
What is the purpose of Taboola's partnership with Future?
Taboola's partnership with Future aims to grow audience engagement and drive revenue across Future's diverse media portfolio.
How long has Taboola been partnered with Future?
The partnership between Taboola and Future has been ongoing for 12 years, illustrating a strong and enduring relationship.
Which notable brands does Future publish?
Future publishes several well-known brands, including TechRadar, Marie Claire, Tom’s Guide, and PC Gamer.
What products does Taboola provide to Future?
Taboola provides Future with products like Taboola Feed and Explore More to enhance user engagement and content recommendations.
How does Taboola enhance user experience on publisher sites?
Taboola enhances user experience by offering personalized content recommendations that encourage deeper engagement with publisher sites.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TBLA Insider Trading Activity
$TBLA insiders have traded $TBLA stock on the open market 7 times in the past 6 months. Of those trades, 3 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $TBLA stock by insiders over the last 6 months:
- ELDAD MANIV (President and COO) sold 8,305 shares.
- ZVI LIMON has traded it 3 times. They made 3 purchases, buying 237,884 shares and 0 sales.
- RICHARD T SCANLON sold 250,000 shares.
- LYNDA M CLARIZIO sold 29,606 shares.
- MONICA MIJALESKI sold 30,000 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$TBLA Hedge Fund Activity
We have seen 66 institutional investors add shares of $TBLA stock to their portfolio, and 62 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- G2 INVESTMENT PARTNERS MANAGEMENT LLC removed 1,030,000 shares (-100.0%) from their portfolio in Q3 2024
- PHOENIX HOLDINGS LTD. added 875,003 shares (+13.9%) to their portfolio in Q2 2024
- SPHERA FUNDS MANAGEMENT LTD. removed 667,384 shares (-100.0%) from their portfolio in Q3 2024
- ALTSHULER SHAHAM LTD added 445,000 shares (+68.0%) to their portfolio in Q3 2024
- BAMCO INC /NY/ removed 413,491 shares (-77.4%) from their portfolio in Q3 2024
- MARSHALL WACE, LLP removed 372,429 shares (-27.6%) from their portfolio in Q3 2024
- RENAISSANCE TECHNOLOGIES LLC added 338,100 shares (+44.2%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, today announced the renewal of its long-standing partnership with Future , a global multi-platform media company and leading digital publisher of specialist media. The new agreement takes Taboola’s relationship with Future into its 12th year.
In the new deal, Future will continue to implement Taboola’s suite of products to help grow its audience, optimise user engagement and drive revenue across its large portfolio spanning multiple sectors including technology, entertainment, and lifestyle. Notable titles include TechRadar, Marie Claire, Tom’s Guide, and PC Gamer among others.
Future will continue to utilise Taboola Feed , which provides readers with personalised multi-format content recommendations to create a more engaging experience. In addition, Future will continue to implement Explore More, an offering designed to increase session depth and engage users visiting publisher sites directly from social media and apps.
Eric Harris, Chief Operating Officer at Future said: “We look forward to continuing our partnership with Taboola as we look to reach and engage new and existing audiences with our high-quality, expert content.”
Adam Singolda, Founder and CEO, Taboola said: “Future is home to some of the world’s most well-known, diverse brands including TechRadar, Marie Claire, Tom’s Guide, Cinemablend, and more. We’re honoured to have had their vote of confidence for more than a decade, and we look forward to continuing to provide Future with a holistic approach to audience building and monetization.”
About Taboola
Taboola powers recommendations for the open web, helping people discover things they may like.
The company’s platform, powered by artificial intelligence, is used by digital properties, including websites, devices and mobile apps, to drive monetization and user engagement. Taboola has long-term partnerships with some of the top digital properties in the world, including Yahoo, CNBC, BBC, NBC News, Business Insider, The Independent and El Mundo.
Around 18,000 advertisers use Taboola to reach nearly 600 million daily active users in a brand-safe environment. Taboola is a leader in powering e-commerce recommendations, driving more than 1 million monthly transactions, with leading brands including Walmart, Macy’s, Skechers and eBay among key customers.
Learn more at www.taboola.com and follow @taboola on Twitter.
Disclaimer - Forward-Looking Statements
Taboola (the “Company”) may, in this communication, make certain statements that are not historical facts and relate to analysis or other information which are based on forecasts or future or results. Examples of such forward-looking statements include, but are not limited to, statements regarding future prospects, product development and business strategies. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements but are not the exclusive means for identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. You should understand that a number of factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements, including the risks set forth in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 under Part 1, Item 1A “Risk Factors” and our subsequent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.