“This quarter, the continued impact of COVID-19 has challenged online publishers to find ways to better monetize increased traffic when fighting decreased ad spend. Further affecting revenues is the call amongst major advertisers to boycott social media sites thought to propagate hate speech. However, not all are struggling as gaming companies continue to outperform off the back of increases in game play and digital music continues to see strong market receptivity,“ said Alec Dafferner, Partner at GP Bullhound.
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About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com.