News & Events

Media Coverage

11/18/2007
Coming from a family of teachers and artists, Right Media founder Michael Walrath was an unlikely candidate to become an Internet entrepreneur. Growing up in suburban Connecticut, in a home where "The Wall Street Journal was never a fixture," he viewed business as dry and uninteresting.
08/06/2007
Mike Walrath, 32, founded Right Media Inc. in 2003 as a New York-area consulting firm for buyers and sellers of internet advertisements. It wasn't long, though, before he created an online network where buyers and sellers could come together in a real-time internet ad auction. The concept caught on, and in 2005, VC firms started funding the company. After two rounds of venture financing, Right Media sold to Yahoo this spring for about $720 million. "We see this as the next logical step," Walrath says. "We don't talk about this as an outcome or an exit."
05/14/2007
It's a simple idea, really: Nonpremium ad inventory can be worth more by increasing the odds buyer and seller find each other in an open, real-time market. It's one that made Michael Walrath's Right Media worth more than $850 million to Yahoo, which recently acquired the 80% share of the company it didn't already own (Yahoo spent $40 million on a 20% stake last year).
04/03/2007
When ad technology company Right Media recently planned its first "analyst day," it invited 20 select advisors from Wall Street's top investment banks and research firms to its brand new digs, a sprawling 42,000-square-foot office on Manhattan's Park Avenue. It turned out, though, that the new headquarters wasn't quite big enough to accommodate the 50 analysts who showed up, hoping to hear presentations about Right Media's platform, which allows publishers to auction online ad inventory. A few gatecrashers even had to be turned away at the door.

Press Releases

03/12/2008
NEW YORK, NY - March 12, 2008 - Right Media (www.rightmedia.com), a Yahoo! company and creator of the Right Media Exchange, today announced that it has entered into a long-term, multi-territory agreement with .Fox Networks to power and expand the media giant's ad business.
07/12/2007
SUNNYVALE, Calif. & NEW YORK--(BUSINESS WIRE)--Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet company and Right Media Inc., creator of the Right Media Exchange, today announced that Yahoo!'s acquisition of Right Media has been completed.
04/30/2007
SUNNYVALE, Calif., April 30, 2007 - Yahoo! Inc. (Nasdaq: YHOO), a leading global Internet company, today announced that it has entered into a definitive agreement to acquire Right Media Inc., creator of the Right Media Exchange. The acquisition of Right Media will build upon Yahoo!'s leadership in online advertising and is a key step towards executing the Company's long-term strategy to transform how online advertisers connect to and engage with their customers - both on and off the Yahoo! network. Under the terms of the agreement, which follows Yahoo!'s 20 percent strategic investment in Right Media in October 2006, Yahoo! will acquire the remaining equity interest in Right Media for approximately $680 million. Shareholders will be paid in approximately equal parts cash and stock, and Right Media options and similar equity awards will be assumed by Yahoo!.
04/24/2007
San Francisco, CA - April 24, 2007 - Today at the ad:tech conference in San Francisco, Right Media (www.rightmedia.com) announced the integration of community forums into the Right Media Exchange. The new capability allows all Exchange members to communicate directly with each other and share information, bringing more value to the Exchange community.

Events

03/31/2008

We'll be presenting at the upcoming IAB Marketplace: Networks and Xchanges, March 31, 2008 at the Roosevelt Hotel in NYC. Ramsey McGrory, VP of Exchange Platform and Antony Taylor, director of Professional Services, will be discussing the art and science of yield management.

If you're a Right Media customer and would like to attend, please email Jeanette O'Donoghue to receive a code for a $100 registration discount.

04/15/2008

Right Media is a silver sponsor at ad:tech San Francisco, April 15-17, 2008. We will be located in Room 121, Moscone North. Our agenda includes training and educational sessions, demos and of course a cocktail party for our exchange community. More info to come.

04/29/2008

We will be exhibiting at Internet World — one of the largest UK shows focused on the digital business world — April 29-May 1, 2008. On April 30, Denise Colella, VP of International, will be presenting in the Digital Marketing Theatre on "How Exchanges are Driving a New Online Advertising Marketplace".

Published Articles

06/12/2007
Security basics dictate that all user input must be validated on the server-side, and usability logic says that client-side validation provides a better user experience. This article, written by Eric David, will equip you with the tools needed to create a central validation library to simultaneously handle both front and back-end validation.
06/07/2007

With Google selling other media and advertisers testing an eBay-powered national TV marketplace, some publishers worry that automated, auction-based ad systems may be out to replace the brand ad sales executive. There are many reasons why this won't happen, regardless of whether these high-profile efforts are successful. But this doesn't lessen the need for both media sellers and advertisers to start thinking about separate strategies for inventory used for branding and inventory best used for achieving performance objectives such as efficient reach or "cost per whatever" (hat tip to Dave Smith, Mediasmith).

03/01/2007
There's plenty of evidence of behavioral targeting's ability to help build brands and drive direct response, as well as add significant value to publishers' excess inventory. And there are lots of good ideas for distinguishing one form of behavioral targeting from another and knowing when and how to apply each. What is less well understood is that the typical campaign requires publishers to burn up a lot of inventory in pursuit of an advertiser's elusive targets. To use an eco-unfriendly illustration, it's like killing an elephant for its ivory tusks and throwing away the rest.

Media Contact

Scott Klass
Right Media
212.710.3678