Cyber Week Sale:

Save 50% on a 3-month Digiday+ membership. Ends Dec 5.

SUBSCRIBE

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.

More in Media

Ad Tech Briefing: The Programmatic Governance Council is a bid to reset power dynamics

As tensions over TID and GPID peak, Tech Lab is convening a council to hash out commercial ground rules.

Newsweek is building an AI Mode-like experience to customize homepages for readers

Newsweek is building an AI homepage modeled after Google’s AI Mode to increase engagement and offset declining search referrals.

How AI’s hit to publisher traffic is quietly rewiring media M&A

Publishers’ AI-driven traffic declines are cooling M&A, stalling deals and lowering valuations. Some analysts are optimistic about 2026.