| Microsoft and CNBC Team Up on Mobile Advertising |
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| Written by SNSWS Team | |||
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Redmond, Washington - Microsoft Corp. and CNBC Inc. today announced that Microsoft will be the exclusive third-party provider of mobile WAP site display advertising to CNBC.com’s U.S. mobile audience of 1.1 million unique monthly visitors. This alliance represents Microsoft’s first mobile ad syndication deal in the U.S. and is an extension of the companies’ online advertising collaboration announced last December.
“This expanded alliance with CNBC is a great example of how Microsoft delivers further opportunities for advertisers to connect and engage consumers across multiple platforms and devices,” said Brian Arbogast, corporate vice president of Mobile Services at Microsoft. “CNBC brings premium financial ad inventory that enhances our existing offering, allowing us to attract and grow mobile advertising opportunities for advertisers.”
“With real-time quotes and breaking news alerts, CNBC has one of the fastest-growing business and financial mobile WAP sites with over 10 million page views in the last 30 days,” said Elisabeth Sami, senior vice president for business development of CNBC. “We are excited to extend our advertising alliance to include mobile and offer our advertisers further flexibility and a new level of customization.”
The expansion of the Microsoft and CNBC.com alliance will provide advertisers with further opportunities to extend audience reach and engage with their audience in more relevant ways at home, at work and on the go across multiple platforms, devices and geographies. Advertisers will also be able to take advantage of two premium mobile ad placements that conform to the Mobile Marketing Association’s global standards and deliver a consistent and engaging experience for consumers. Ford Motor Co. is one of the first companies to launch a CNBC mobile advertising campaign in which Microsoft will serve mobile display ads.
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