Social & Advertising · via Digiday

Stagwell buys Freestar, putting publisher ad sales inside a holdco

9h ago · curated by Catalyst Web Trendz

Stagwell buys Freestar, putting publisher ad sales inside a holdco

Publishers have long wished agencies would put their money where their panel talking points are. Stagwell has done something adjacent, buying Freestar, the company that helps the likes of Fortune and Boston Globe Media sell their inventory. The independent holdco announced the deal today (Oct. 26) and is putting Freestar inside Owned Media, a unit that has picked up pace since Stagwell gave it a CEO in February. Ink, the travel publisher, and airport network ReachTV, are among the handful of properties there that will now lean on Freestar to run their programmatic sales. Freestar’s own publisher clients out of it with something too, namely a…

This is a curated summary. The full story was reported by Digiday.

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