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Tag Archive: Tim Armstrong

Stephane Panier Named Bebo Global Chief Executive

Stephane Panier Named Bebo Global Chief Executive

It’s been 14 months since the AOL-owned social networking site Bebo had a global chief executive. It’s been without one, in fact, since Joanna Shields left the post. She’d helped engineer the sale of Bebo to AOL for $850 million in March 2008.

After leaving her role as Bebo chief exec in May last year, Shields went on to become the boss of AOL’s People Network division before leaving the company entirely in May.

Panier had been a senior operations and finance executive with Google before being appointed as Bebo’s COO this January.
In the time since Tim Armstrong become AOL’s chief executive in March, Bebo has undergone some management restructuring.

Google Set to Acquire Radio Ad Firm

Google announced today that it plans to acquire dMarc Broadcasting for a $102 million up-front fee plus additional payments which may total as much as $1.14 billion over the next three years, depending on revenue, ad inventory targets, and success meeting product integration goals.

dMarc Broadcasting is a privately-held radio advertising firm which offers an automated platform to advertisers, streamlining the processor of buying, scheduling, and delivering radio advertising for advertisers, and making it simpler for broadcasters to schedule and place ads on their stations.

Google plans to integrate dMarc’s technology with Google AdWords to create a new advertising distribution channel for Google Adwords advertisers.

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