AOL Ad's Business: "We Are Past The Worst"

AOL CEO Tim Armstrong at NYSE

Another Wall Street analyst has positive things to say about AOL’s ad business, particularly it’s huge “Project Devil” ads.

This time its Macquarie Research’s Ben Schacter.

He writes:

AOL saw the most improvement throughout 1Q. The company had the highest proportion of Oversized/Custom ad units (ex YouTube) at 26%, and it also had the highest percentage of purely brand-focused advertisers (which we view as a positive indicator of ad quality).

While Project Devil sightings on the homepage were very scarce in 1Q, we believe AOL has had more success with Devil across AOL’s other properties and we expect to see them increase this in 2Q. The bottom line is that AOL’s display business is trending well, and we believe we are past the worst in terms of growth (at least in 2011).

Don’t miss:  Meet Facebook Billionaire Sean Parker’s Beautiful And Talented Fiancée, Alexandra Lenas

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

advertising aol sai-us