Taptica International has said its integration with RhythmOne is progressing well and will deliver annualised cost savings and synergy benefits of $20m this year. Chairman Tim Weller said he expects RhythmOne to make a meaningful contribution to the bottom line next year. Turning to trading for the group as a whole in 2019, Weller said the performance so far had been mixed with the brand advertising platform continuing to trade well while the performance-based advertising unit’s continue to experience lower revenues than last year. The company also announced it would be launching an online music store in Australia later this year that will allow users to buy songs from other retailers including iTunes, Amazon MP3 Store and Google Play.
Taptica International has said its integration with RhythmOne is progressing well and will deliver annualised cost savings and synergy benefits of $20m this year. Chairman Tim Weller said he expects RhythmOne to make a meaningful contribution to the bottom line next year. The company also announced it would be launching an online music store in Australia later this year that will allow users to buy songs from other retailers including iTunes, Amazon MP3 Store and Google Play.