"Programmatic advertising (automation of online ad-buying) is reshaping the digital media landscape." (Business Insider, Nov. 2014)
US advertiser will spend 10.06 billion on programmatic digital advertising in 2014, a 137.1% gain from 2013 (eMarketer)
Sources: Company Overview of Local Corp Q1-2015
Local Corp move to further monetize our audience through programmatic advertising and predictive retargeting across devices
“In 2014, we have been transforming the company to focus on our core initiatives of building and monetizing our Local audience with proprietary traffic quality tools and growing our mobile search market share in North and South America. Our over 200 million unique visitors annually across our O&O properties, including our flagship site, provide us with a significant pool of premium, first-party data with contextual search intent, which is a key differentiator in attracting advertisers as we move to further monetize our audience through programmatic advertising and predictive retargeting across devices.”
Source: Read the complete transcript of the Conference Call direct at Seeking Alpha