Corporate News     02-Dec-21
NDTV Convergence enters into 10-year deal with Taboola
NDTV Convergence's position as India's leading platform for online news stands reaffirmed with a very substantial 10-year deal with Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, helping people discover content they may like.

The decade-long deal is based on mutually-determined projections, including growth in traffic, and cumulatively can enable revenue of Rs. 750 crores or 100 million dollars for NDTV Convergence contingent upon it meeting the targets assigned for different stages of the 10-year period.

To achieve maximum revenue, scaling up of operations and considerable marketing will be key to realizing targets, and this could increase the expenses for NDTV Convergence, which remains one of India's only profitable online news companies.

Ndtv.com has nearly 200 million uniques and is known for the fastest online news and best user experience in India. It is also one of the country's only profitable online content companies in India.

This deal also gives NDTV Convergence immediate access to Taboola's full portfolio of offerings for personalized content recommendations, editorial planning, monetization and growth strategies. For users of NDTV Convergence's digital offerings, this means accessing better, customized content through recommendations for what to read, watch and explore. This includes leveraging the Taboola Feed, which points users to content especially relevant to their choices and allows for meaningful revenue and increased audience engagement.

In addition, NDTV Convergence will test the integration of ecommerce via Skimlinks, a Taboola company, to complement its premier content with e-commerce.

In 2018, NDTV Convergence signed a 5-year deal with Taboola for over 300 crores, which was at the time among the biggest-ever advertising deals for the Asia-Pacific region. Both companies have accrued big benefits from that partnership; they synergized their respective strengths for sustainable growth and have therefore decided on a larger, 10-year arrangement.

Previous News
  New Delhi Television consolidated net profit declines 0.17% in the September 2022 quarter
 ( Results - Announcements 10-Nov-22   08:03 )
  New Delhi Television to conduct AGM
 ( Corporate News - 27-Apr-24   15:44 )
  New Delhi Television Ltd leads gainers in 'B' group
 ( Hot Pursuit - 20-Jul-22   12:15 )
  New Delhi Television reports consolidated net profit of Rs 15.25 crore in the June 2019 quarter
 ( Results - Announcements 31-Jul-19   16:03 )
  New Delhi Television to announce Quarterly Result
 ( Corporate News - 29-Jun-19   10:46 )
  New Delhi Television schedules board meeting
 ( Corporate News - 12-Dec-22   11:51 )
  New Delhi Television Ltd gains for third straight session
 ( Hot Pursuit - 18-Jul-23   13:05 )
  New Delhi Television reports consolidated net profit of Rs 17.59 crore in the September 2020 quarter
 ( Results - Announcements 14-Nov-20   13:52 )
  New Delhi Television to discuss results
 ( Corporate News - 18-Jul-23   10:46 )
  New Delhi Television announces appointment of director
 ( Corporate News - 16-Jan-16   09:44 )
  New Delhi Television announces board meeting date
 ( Corporate News - 17-Jun-20   17:39 )
Other Stories
  Tridhya Tech to convene board meeting
  03-Jul-24   20:06
  Sonu Infratech schedules EGM
  03-Jul-24   19:59
  Sakuma Exports to convene AGM
  03-Jul-24   19:59
  Time Technoplast repays commercial paper
  03-Jul-24   18:31
  Board of Aditya Vision approves stock split and listing of share on NSE
  03-Jul-24   18:24
  Pricol director resigns
  03-Jul-24   18:21
  Board of VMS Industries recommends first interim dividend
  03-Jul-24   17:49
  Lakshmi Machine Works to declare Quarterly Result
  03-Jul-24   17:44
  Modison to convene AGM
  03-Jul-24   17:43
  Sybly Industries to discuss results
  03-Jul-24   17:43
Back Top