Olive Media has certainly done their part to capture and grow their share of the online advertising revenue across North America. As the market continues to shift this opens the doors for new opportunities and in this case an expansion into the Quebec market place. Olive Media has recently acquired Montreal-based Rosebud Media, a network of premium French-language sites. Rosebud Media’s 3.4 million unique monthly visitors that covers women’s interest, social media, health, news, technology, lifestyle and auto sectors will now become a part of the Olive Media team. Company owner, Nathalie Moride is also said to become a part of the Olive Media team.
“This is a very important milestone in Olive Media’s growth and one that will allow us to provide even greater opportunities for our clients,” said Simon Jennings, President, Olive Media. “Nathalie’s professional leadership and industry know-how has enabled Rosebud Media to develop a relationship of trust with advertisers looking to reach Canadians on premium French content. We look forward to continuing to grow the brand.”
No work on the dollar amount of the acquisition.