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Article: Bid4Spots Crosses $2 Million Threshold, Marks 1,000th Auction on First Anniversary of Launch; With Some 2,300 Radio Stations Aboard, Bid4Spots Solidifies Position as Nation's Largest Radio Advertising Network.
- Article from:
- Business Wire
- Article date:
- September 20, 2006
CopyrightCOPYRIGHT 2006 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DALLAS -- Bid4Spots (www.bid4spots.com), a pioneering online reverse auction marketplace for unsold radio ad inventory, today announced that on its first anniversary the company has reached the $2 million milestone, awarding auction winnings with that aggregate value among its participating radio stations. Bid4Spots made the announcement at The NAB Radio Show, here through Sept. 22.
In a separate announcement, the company today introduced PowerBidder - patent-pending technology that automates certain aspects of the bidding process, allowing for scalability so that general sales managers with multiple stations can enter their rates on one bidding screen and within ...