Updated Marketplace Agreement with GroupM
Adslot today announced a two-year extension to its Marketplace Agreement with GroupM UK, a component of GroupM’s Premium Supply Initiative.
The updated agreement is on significantly better commercial terms than the interim agreement that has been in place since June 2021.
Trading activity from the white-labelled Adslot Media GroupM UK marketplace generated record TTV for the UK in the December 2021 quarter. However, trading activity in the March 2022 quarter has been modest whilest contract negotiations were finalised.
Trading volume and value is expected to grow over the remainder of 2022 and in subsequent years.
For further details, please download today’s ASX release here.
Founder & Executive Chairman