CNET Networks Selects Rapt's Price Management Solution
March 19 2007 - 8:01AM
Business Wire
Rapt, a leading provider of pricing and profitability management
solutions, announced today that it will deploy Rapt�s Price
Director software in support of CNET Networks� advertising
business. Rapt Price Director will support CNET Networks online
operations across four business units, delivering pricing controls,
management capabilities, and infrastructure for the business.
Rapt�s media solutions have been deployed at many other leading
publishers, allowing those companies to capture maximum value for
their advertising assets and protect and grow share in the online
market. �We are excited to announce the strengthening of our
long-standing working relationship with CNET Networks,� said Xavier
Zang, EVP of Field Operations at Rapt. �We believe this is further
evidence of the distinctive value of Rapt�s solutions for
publishers of premium content and we look forward to delivering for
CNET Networks.� Rapt is the leader in media monetization solutions,
providing technology and advisory services that drive significant
annual revenue uplift by helping media companies price, predict,
and provision their advertising assets. �As we continue to expand
our yield management capabilities, Rapt was a natural fit given
their media industry knowledge and domain expertise. CNET Networks
had the pleasure years ago of being one of Rapt�s first media
clients � we are thrilled to be continuing that relationship with
the adoption of the Price Director software,� said Sam Parker,
Senior Vice President, CNET Networks. The companies began working
together with Rapt�s delivery of advisory services to CNET Networks
and this latest news represents a deepening and strengthening of
their relationship. About Rapt Rapt Inc. is the leading provider of
media monetization solutions. These solutions help companies
achieve and sustain profit and revenue growth objectives through
the deployment of proprietary technology and advisory services.
Rapt�s software enables companies to price, predict, and provision
their advertising assets, while Rapt�s advisory services help
companies design and implement best-practice revenue management
processes across their organization. Rapt�s client base includes
CNET Networks, Dow Jones & Company, Microsoft, MTV Networks,
NBC Universal, Tacoda, The Weather Channel Interactive, Yahoo! and
others. More information about Rapt can be found at: www.rapt.com.
About CNET Networks, Inc. CNET Networks, Inc.
(Nasdaq:CNET)(www.cnetnetworks.com) is an interactive media company
that builds brands for people and the things they are passionate
about, such as gaming, music, entertainment, technology, business,
food, and parenting. The Company's leading brands include CNET,
GameSpot, TV.com, MP3.com, Webshots, CHOW, ZDNet and TechRepublic.
Founded in 1992, CNET Networks has a strong presence in the US,
Asia and Europe.
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