Short Takes: FM Buys Lijit, Rethinks Network Model

When Federated Media Publishing launched back in 2006, it was a pretty straightforward proposition. Founder and former Wired and Industry Standard publisher John Battelle saw an opportunity with the rise of independent Web content creators to represent them in an outsourced publishing function — and act as a filter for advertisers to find indie voices with real audiences.

FM still does that, but its purchase of Lijit yesterday confirms that the network model is undergoing changes. FM still hangs its hat on “conversational” marketing programs that require heavy lifting by a sales team. But Lijit provides FM with a monetization technology used by many medium-sized and small sites. FM plans to dip its toes into real-time bidding by using Lijit to let advertisers buy on its indie sites in an efficient manner.

It’s a smart move to realize that media buying is changing. Just repping small sites with a sales force isn’t a great business. After all, just note that FM’s alumni list — sites that ended up moving on from using its services — includes TechCrunch and Mashable.

https://digiday.com/?p=2436

More in Media

News publishers may be flocking to Bluesky, but many aren’t leaving X

The Guardian and NPR have left X, but don’t expect a wave of publishers to follow suit. Execs said the platform is still useful for some traffic and engaging with fandoms – despite its toxicity.

Media Briefing: Publishers’ Q4 programmatic ad businesses are in limbo

This week’s Media Briefing looks at how publishers in the U.S. and Europe have seen programmatic ad sales on the open market slow in the fourth quarter while they’ve picked up in the private marketplace.

How the European and U.S. publishing landscapes compare and contrast

Publishing executives compared and contrasted the European and U.S. media landscapes and the challenges facing publishers in both regions.