News > Digital

Spot Runner Buys Search Firm Weblistic

The goal is to create advertiser programs that use multiple forms of media

March 4, 2008

-By Brian Morrissey


adweek/photos/stylus/18443.jpg

Nick Grouf

NEW YORK Spot Runner is buying local search firm Weblistic in an effort to bridge traditional and online media for local businesses.

Spot Runner gains a company that runs local search campaigns, handling the creation and placement of listings on Google and other search engines. It also creates videos and seeds clips to YouTube and other sites. (Weblistic creates text listings for clients, along with videos, since search-results pages now include various types of media.) For companies without Web sites, Weblistic builds landing pages.

In broader terms, the acquisition bolsters Spot Runner's current local TV services with online media -- specifically search marketing. The hope is to create programs for advertisers that use multiple forms of media to lure customers, said Nick Grouf, CEO of Spot Runner.

Weblistic CEO Ketan Shah will lead Spot Runner's online marketing services unit. Terms of the acquisition were not disclosed.

"One of the things central to Spot Runner is the belief that advertisers don't buy TV, online advertising or radio. They care about growing their businesses by acquiring customers," Grouf said. "They often do that by advertising. That advertising needs to be optimized across media."

The deal "creates an opportunity for us to incorporate what they do into Spot Runner and correlate TV and online advertising," he said.

Spot Runner plans to marry these services with its ad platform for local businesses to create and plan TV ad buys. It has already expanded into radio sales and offers some search-marketing services. The company plans to begin running online video ad campaigns as well.
 
After initially focusing on local businesses through a self-service model, Spot Runner struck deals with national businesses that sell in local markets, such as real-estate company Realogy and Diamond Promotion Service. In addition to its library of thousands of pre-made commercials, Spot Runner acquired a production network, Globeshooter, in January.
 
"It'll be interesting to see if they can sell them on the whole gravy train, from A to Z," said Peter Krasilovsky, an analyst at The Kelsey Group.
 
WPP Group and Interpublic Group are among the investors in Spot Runner, which has received over $60 million in venture capital backing to build its local advertising platform.


Spot Runner Buys Search Firm Weblistic

The goal is to create advertiser programs that use multiple forms of media

March 4, 2008

-By Brian Morrissey


adweek/photos/stylus/18443.jpg

Nick Grouf

NEW YORK Spot Runner is buying local search firm Weblistic in an effort to bridge traditional and online media for local businesses.

Spot Runner gains a company that runs local search campaigns, handling the creation and placement of listings on Google and other search engines. It also creates videos and seeds clips to YouTube and other sites. (Weblistic creates text listings for clients, along with videos, since search-results pages now include various types of media.) For companies without Web sites, Weblistic builds landing pages.

In broader terms, the acquisition bolsters Spot Runner's current local TV services with online media -- specifically search marketing. The hope is to create programs for advertisers that use multiple forms of media to lure customers, said Nick Grouf, CEO of Spot Runner.

Weblistic CEO Ketan Shah will lead Spot Runner's online marketing services unit. Terms of the acquisition were not disclosed.

"One of the things central to Spot Runner is the belief that advertisers don't buy TV, online advertising or radio. They care about growing their businesses by acquiring customers," Grouf said. "They often do that by advertising. That advertising needs to be optimized across media."

The deal "creates an opportunity for us to incorporate what they do into Spot Runner and correlate TV and online advertising," he said.

Spot Runner plans to marry these services with its ad platform for local businesses to create and plan TV ad buys. It has already expanded into radio sales and offers some search-marketing services. The company plans to begin running online video ad campaigns as well.
 
After initially focusing on local businesses through a self-service model, Spot Runner struck deals with national businesses that sell in local markets, such as real-estate company Realogy and Diamond Promotion Service. In addition to its library of thousands of pre-made commercials, Spot Runner acquired a production network, Globeshooter, in January.
 
"It'll be interesting to see if they can sell them on the whole gravy train, from A to Z," said Peter Krasilovsky, an analyst at The Kelsey Group.
 
WPP Group and Interpublic Group are among the investors in Spot Runner, which has received over $60 million in venture capital backing to build its local advertising platform.

Other Digital News

x

Microsoft, Facebook Focus on Search

July 24, 2008

NEW YORK Microsoft said it would provide search functionality and search advertising on Facebook as part of an extension of the ad partnership forged by the two companies in 2006. The deal, announced at Facebook's f8 Developer Conference in San Francisco, represents an opportunity for Microsoft to boost its anemic share in the space -- though it may not provide a financial windfall. Terms of the deal were not disclosed. Read Full Article



Our ProductsOur Products

ADWEEK DIGITAL DAILY

A morning briefing of most important interactive news stories.

SUBSCRIBE

Stay connected to what's happening in the advertising industry with delivery of the print edition and complete online access.

More VideosVideo



From print to online advertising trends, advertising professionals can read all about the latest advertising news at Adweek. Keep on top of the latest happenings in the advertising world, from online video advertising to the latest funny TV commercials. Check out our community and advertiser forums to discover and network with other advertiser and marketing professionals. Adweek provides advertisers with daily TV news and weekly ad industry editorials on a complete array of subjects. Use our advertising agency directory to find a career opportunity or to research an ad agency to fit your companies advertising and marketing needs. Explore Adweek everyday, or sign up for our Adverting Newsletter to get the latest ad industry news on demand!

Adweek Advertising Home | Advertising Industry News | Creative TV Advertising | Advertising Industry Community | Video Advertising | Advertising Data Center | Advertising Special Reports | Advertising Careers | Advertising Products | Advertising About Us | Advertising Business Statements | Advertising Contact Us | Advertising Opportunities | Ad Licensing | Advertiser FAQ | Advertising Magazine Subscriptions | Advertising News RSS | Online Ad Site Map | Mobile

© 2008 Nielsen Business Media, Inc. All rights reserved. Terms of Use  |   Privacy Policy