$NYT CEO Mark Thomson said in a conf call that ad business to return to growth only in the second half of 2020, and then to grow at below 7% CAGR for "some subsequent quarters".
He said that digital platforms are taking all the growth and that buying is shifting from publishers to open markets selling programmatic ads.
$TLRA and $RUBI are merging in a Stock-for-stock merger!
Michael Barrett (Rubicon CEO) will be named CEO of the combined company, Mark Zagorski (from Telaria) will be named President & COO and David Day (Rubicon CFO) will be the CFO.
The Rubicon Project, Inc. provides online advertising solutions. The Company offers real-time cloud and big data computing systems. Rubicon Project serves customers worldwide.
