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McClatchy Selects Taboola to Exclusively Power Recommendations Across Entire Publisher Network In Multiyear Deal, Doubling Down On Customers’ Consumption Intent

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Taboola (Nasdaq: TBLA) has entered into a multiyear agreement with McClatchy, enhancing local media engagement and revenue generation. McClatchy, serving over 65 million unique readers monthly, will implement Taboola products including Taboola Feed for personalized content and advertisements. Additionally, McClatchy is testing Taboola Newsroom and the acquisition of Connexity to enhance audience insights and consumption intent. This partnership aims to strengthen local journalism and community connections.

Positive
  • New multiyear deal with McClatchy enhances local media presence.
  • Implementation of Taboola products expected to boost audience engagement and revenue.
  • Partnership leverages Connexity for improved customer consumption intent.
Negative
  • None.

McClatchy will be using Taboola’s Newsroom, empowering editorial teams, and recent acquisition Connexity to help focusing on customers’ consumption intent

NEW YORK, Jan. 05, 2022 (GLOBE NEWSWIRE) -- Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, helping people discover things they may like, today announced a new, multiyear deal with McClatchy, a leading local media company that operates in 30 markets across the United States.

McClatchy reaches more than 65 million unique readers monthly through its digital media properties, including The Sacramento Bee, The Charlotte Observer, The Kansas City Star, The Miami Herald, and the Fort Worth Star-Telegram.

Under the deal, McClatchy will implement several Taboola products across its entire network of publishers, including Taboola Feed, a seamlessly integrated feed that provides readers with personalized content and targeted advertisements, to generate meaningful revenue and increase audience engagement. In addition, McClatchy is testing Taboola Newsroom to power editorial insights and audience development as well as Taboola’s recent acquisition Connexity, to help drive growth around customers’ consumption intent.

“We are committed to bringing the best and most relevant news and information to our diverse audiences in local markets nationwide,” said McClatchy Senior VP of Advertising Tony Berg. “Teaming with Taboola allows us to provide more content and will help to keep our audience engaged. We look forward to working alongside Taboola on content recommendations, editorial insights, and other initiatives that create better experiences for local readers.”

“McClatchy’s vision for creating deeper community connections and their approach to local news are noteworthy,” said Adam Singolda, CEO and Founder, Taboola. “Local journalism helps communities thrive and McClatchy has both a network of well-known publishers and a reputation for quality journalism. Even more than that, I’m looking forward to working with the McClatchy team and taking a product-led approach to driving growth in years to come, specifically using editorial tech and data, as well as integrating high intent pages, to navigate users to their ultimate, personal experience.”

About Taboola
Taboola powers recommendations for the open web, helping people discover things they may like.

The company’s platform, powered by artificial intelligence, is used by digital properties, including websites, devices and mobile apps, to drive monetization and user engagement. Taboola has long-term partnerships with some of the top digital properties in the world, including CNBC, BBC, NBC News, Business Insider, The Independent and El Mundo.

More than 14,000 advertisers use Taboola to reach over 500 million daily active users in a brand-safe environment. Following the acquisition of Connexity in 2021, Taboola is a leader in powering e-commerce recommendations, driving more than 1 million monthly transactions each month. Leading brands including Walmart, Macy’s, Wayfair, Skechers and eBay are among key customers.

Learn more at www.taboola.com and follow @taboola on Twitter.

Disclaimer - Forward-Looking Statements
Taboola (the “Company”) may, in this communication, make certain statements that are not historical facts and relate to analysis or other information which are based on forecasts or future or results. Examples of such forward-looking statements include, but are not limited to, statements regarding future prospects, product development and business strategies. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements but are not the exclusive means for identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. You should understand that a number of factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements, including the risks set forth under “Risk Factors” in our Registration Statement on Form F-4 and our other SEC filings. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.


FAQ

What is the new deal between Taboola and McClatchy about?

Taboola has signed a multiyear deal with McClatchy to enhance local media engagement through various Taboola products.

How many unique readers does McClatchy reach?

McClatchy reaches over 65 million unique readers monthly across its digital media properties.

What products will McClatchy implement from Taboola?

McClatchy will implement Taboola Feed for personalized content and advertisements, and is testing Taboola Newsroom for audience insights.

What is Connexity's role in the Taboola and McClatchy partnership?

Connexity will help drive growth around customers’ consumption intent as part of the collaboration.

What is the significance of this partnership for local journalism?

This partnership aims to strengthen local journalism and community connections through enhanced content and engagement strategies.

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