Taboola Announces New, Exclusive Multi-Year Deal With Sinclair Broadcast Group; Agreement Marks 7-Year Partnership
Portfolio Pulse from Benzinga Newsdesk
Taboola has announced a new, exclusive multi-year deal with Sinclair Broadcast Group. Sinclair will continue to use Taboola's products across its television station sites and mobile platforms to grow their audiences, optimize user engagement, and drive revenue. The agreement marks a 7-year partnership between the two companies.
September 06, 2023 | 1:03 pm
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POSITIVE IMPACT
Sinclair Broadcast Group has extended its partnership with Taboola, which will continue to provide its products to Sinclair's platforms. This could potentially increase Sinclair's audience engagement and revenue.
The extended partnership with Taboola could potentially increase Sinclair's audience engagement and revenue, which could positively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Taboola has extended its partnership with Sinclair Broadcast Group, which will continue to use Taboola's products across its platforms. This could potentially increase Taboola's revenue.
The extended partnership with Sinclair Broadcast Group could potentially increase Taboola's revenue, which could positively impact its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100