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Taboola Newsroom Reaches Milestone Adoption and Announces New Subscription Offering; More Than 400 Premium Publishers, Including Hearst and Sport1, Inform Editorial Decisions, Acquire and Retain Readers with Offering, and Can Now Drive Subscriptions

NEW YORK--(BUSINESS WIRE)--Feb 20, 2020--

Taboola, the world’s leading discovery platform, today announced a major adoption milestone for its Newsroom product suite, which uses AI and the largest dataset on the open web to support quality journalism. Taboola Newsroom is now used by the world’s largest publishers to plan and optimize editorial content, increase readership and more effectively monetize. Newsroom has seen a 70 percent year-over-year increase in adoption by publisher teams.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200220005409/en/

Taboola Newsroom (Graphic: Business Wire)

Introduced in 2016 as part of Taboola’s platform for publishers, Taboola Newsroom provides unique insights, sourced from Taboola’s dataset of 1.4 billion users each month, which inform how to create more engaging content and discover new coverage areas that drive loyal readership. With it, publisher teams can easily A/B test headlines and images, measure article performance, and receive actionable alerts tailored to their specific role as well.

According to industry data, 52 percent of publishers say subscriptions are a key priority for driving revenue. As part of today’s news, Taboola is introducing a new subscription feature for Newsroom, to help publishers better understand and engage with subscribers, and acquire significant new subscribers. This new feature allows publishers to see which articles are driving conversions, reduce churn by understanding how subscribers are engaging with content, and determine the "propensity to subscribe" of readers via machine learning-based modeling.

“At a time when digital readership continues to evolve and walled gardens have made it difficult to operate, Taboola Newsroom is a big investment we’ve made, over four years, to empower editorial teams with actionable data, and as of today, provide a way to also look at subscribers or candidates to subscribe,” said Adam Singolda, CEO and Founder, Taboola. “Since introducing Newsroom, our goal has always been to support quality journalism by allowing publishers to stay in touch with their readers, even beyond their own website, taking advantage of Taboola’s scale. Newsroom is helping publishers future-proof themselves with insights that inform the content that drive the best editorial goal -- whether it’s more readership or increasing subscriptions or loyalty.”

Supporting commentary:

“Taboola Newsroom has become a go-to tool for newsrooms to understand what our most valuable local audiences are reading on our digital platforms and how our stories are performing versus other sources across the Internet,” said Rob Barrett, President, Hearst Newspapers Digital Media. “The platform supports our increasing focus on AI and machine learning, delivering actionable data - like alerts that identify stories with high potential relevance to loyal readers - to the right people on Hearst Newspapers editorial teams, in a way that fits their workflow. This data, along with advice from a strong Taboola Newsroom team, helps ensure we get great stories to the people who are most interested, and that helps our business, too.”

"The purpose of using Taboola Newsroom is to ensure that we get to know what our users want from us,” said Priyarag Verma, Digital Editor, Zee News and DNA India. “We’re able to track what they are reading and why they are reading it, to ensure that we are able to provide the same kind of coverage to our readers as our competitors. We actively use Taboola Newsroom metrics about articles being read more, or outperforming in their position, to keep such articles in those positions on the homepage for the maximum duration possible."

"Newsroom's depth is impressive but its user-friendly interface has been the biggest asset, allowing staff of all levels to easily access meaningful real-time and historical data that helps shape the daily news agenda," said Liam Fitzgibbon, Managing Editor, Fox Sports.

“Taboola Newsroom helps us to optimize content production and traffic management,” said Marc Vesshoff, Director, Product Management, SPORT1 GmbH. “Thanks to Taboola Newsroom our editorial team can improve all content in real time and establish a perfect fit to the needs of our customers. Based on its easy to use traffic channel analysis, we now can identify what articles work best in search and social media and simply drive more users to our news.“

"Newsroom gives us the ability to make well-informed editorial decisions, backed by data,” said Jacqueline Büchi, editor-in-chief, Heute.at. “It is a great starting point for forming our long-term coverage strategy and key component for ensuring we promote the best content, at the right time."

About Taboola

Taboola helps people discover what’s interesting and new. The company’s platform and suite of products, powered by deep learning and the largest dataset of content consumption patterns on the open web, is used by over 20,000 companies to reach over 1.4 billion people each month. Advertisers use Taboola to reach their target audience when they’re most receptive to new messages, products and services. Digital properties, including publishers, mobile carriers and handset manufacturers, use Taboola to drive audience monetization and engagement. Some of the most innovative digital properties in the world have strong relationships with Taboola, including CNBC, NBC News, USA TODAY, BILD, Sankei, Huffington Post, Business Insider, The Independent, El Mundo, and Le Figaro. The company is headquartered in New York City with offices in 18 cities worldwide.

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

View source version on businesswire.com:https://www.businesswire.com/news/home/20200220005409/en/

CONTACT: Dave Struzzi

[email protected]

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: DATA MANAGEMENT ADVERTISING COMMUNICATIONS TECHNOLOGY NETWORKS INTERNET PUBLIC RELATIONS/INVESTOR RELATIONS

SOURCE: Taboola

Copyright Business Wire 2020.

PUB: 02/20/2020 06:09 AM/DISC: 02/20/2020 06:09 AM

http://www.businesswire.com/news/home/20200220005409/en

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