Rupert Murdoch's News Corp has agreed to sell video advertising platform Unruly to Tremor International for a 6.91 percent stake in Tremor. Rebekah Brooks, CEO of News Corp's News UK unit, will join the company's board.
Rupert Murdoch's News Corp said Monday that it has agreed to sell London-based programmatic video advertising platform Unruly to Israel-based, London-listed Tremor International.
Rebekah Brooks, CEO of News Corp's News UK unit, is scheduled to join the Tremor board as a non-executive director as Tremor has been reporting to her. It would be her first seat on the board of a public company. Brooks comes four years ago returned to News Corp after having stepped down from her company roles in the wake of the phone-hacking scandal in 2011.Norman Johnston, CEO of Unruly, is also expected to join the board.
Unruly, founded in 2006, says it has more than 1.2 billion unique monthly views on its ads. News Corp in 2015 struck a deal worth up to $176 million for the company.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US-Iran latest news and live updates - CNNIran’s President Hassan Rouhani told Qasem Soleimani’s daughter that “everyone will take revenge” for the death of her father after he was killed in an airstrike ordered by the US
Read more »
US-Iran latest news and live updates - CNN2020 candidate Marianne Williamson says “absolutely I could and would” decide as President to launch a strike to kill Soleimani. “That's an oath you take as commander in chief. But I just believe that this move was reckless, irresponsible and dangerous.”
Read more »
The Breakdown: Huey Lewis and the News on 'The Power of Love'Frontman recalls how Back to the Future cut became their most famous and enduring hit
Read more »
Here's How Demi Lovato Reportedly Feels About Ex Wilmer Valderrama's Engagement NewsHow Demi Lovato Feels Now That Wilmer Valderrama Found Love Again: Report (via PopCrush)
Read more »
WSJ News Exclusive | McDonald’s Looks Beyond Party CultureMcDonald’s is making changes to move away from a culture at the top of the company that tolerated partying and fraternizing between some senior managers and rank-and-file employees.
Read more »