Friday, August 30, 2013

Twitter Buys Social TV Analytics firm Trendrr

Twitter has bought social TV analytics firm Trendrr in a bid to benefit from on users discussing television shows on its social network.

Trendrr CEO Mark Ghuneim announced the news on the company's blog, saying Twitter was the best platform to benefit from its services.

"What makes Twitter exclusively compelling among these platforms is its connection to the live moment – people sharing what's happening, when it's happening, to the world," he said. "We think we can help increase even stronger the power of that connection to the moment inside of Twitter."

Twitter confirmed the news via a tweet

Trendrr creates big data social analytics products for TV and media brands, including Curatorr, which allows clients to curate tweets for broadcast, or analyze discussions on social networks to create ranking lists or voting systems.

It also runs Trendrr.TV to create full insights into social media-based TV discussions.
Ghuneim confirmed that while his firm would continue to honor its earlier contracts for Trendrr.TV clients, it wouldn't be establishing new ones. He also said that Curatorr would continue to serve clients. The price Twitter paid for the company was not disclosed.

This the latest in a line of purchases made by Twitter that center of attention on targeting TV advertising at users; the firm bought social advertising firm Bluefin Labs in February. It also made a move into directly influencing the outcome of television shows in January, with a test of a voting service approved out during an episode of "Hawaii Five-0".


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