nRelate to Provide Recommendations for CBS Interactive Readers
Deal caps a busy summer for content discovery platform.
Ask.com subsidiary nRelate will now provide targeted content recommendations for the CBS Interactive Network, the companies announced Wednesday.
The move comes after nRelate was acquired by Ask.com, an IAC company, in July.
‚Äú[This summer has] been stellar,‚ÄĚ nRelate founder and CEO Neil Mody says. ‚ÄúThe teams have been gelling really well, and as you can see, business has been booming because of it.‚ÄĚ
Along with a forthcoming acquisition of About.com by IAC‚Äôs Search and Application‚Äôs group, the CBS deal is expected to nearly triple nRelate‚Äôs monthly ad impressions from about 1 billion to well over the 3 billion mark.
The platform brings in almost 200 new sites per day and has already seen its publishing network more than double to 50,000 since February.
While nRelate finds its basis in the blogosphere‚ÄĒthis is the company‚Äôs first foray into mainstream media‚ÄĒMody believes the access to more than 30 CBS properties, including CNET, CBSNews.com and CBSSports.com, will lead to exponential growth.
‚ÄúWe‚Äôre growing, so the first thing we are going to be working on is really scaling out and servicing our entire customer base,‚ÄĚ Mody says. ‚ÄúFrom there we‚Äôll have a lot more data. Every second of the day, we‚Äôre delivering, right now, 23 clicks on our software. We‚Äôre looking to get that up near 100 clicks a second. That gives us a lot more data to mine and deliver better recommendations.‚ÄĚ
For CBS, the partnership is a way to connect its audience with more content within its own sphere.
‚Äú[We create] a common resource for recommendations across their platform,‚ÄĚ Mody says. ‚ÄúIt gives them a way to cross-pollinate traffic around their properties, which I think is really attractive.‚ÄĚ
‚ÄúFor example, if you‚Äôre reading an article on CBSSports that talks about an athlete that also might be covered in CBSNews for something else, there‚Äôs an easy way to link between those two properties. And traditionally for publishers that‚Äôs been very difficult.‚ÄĚ