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Millennial Media founder gives Mount St. Mary’s $1M
Millennial Media founder Paul Palmieri has donated $1 million to his alma mater, Mount St. Mary’s University, to create a center for entrepreneurship. The center will provide a major and […]
AOL finally using Millennial Media
Wondering whatever became of AOL‘s big plans to use Baltimore-based Millennial Media‘s mobile ad platforms? After all, AOL paid $250 million for the company in 2015 as part of a […]
AOL completes $250 million purchase of Millennial Media
AOL completed its $250 million acquisition of Baltimore-based Millennial Media, Baltimore’s one-time tech darling whose mobile ad services proved popular if not always profitable. AOL, which is owned by Verizon, […]
Millennial CEO will leave after merger with $2.2M severance
Millennial Media CEO Michael Barrett is expected to leave the company after its merger with AOL Inc. is finalized, and he has a golden parachute compensation package lined up totaling […]
After Millennial merger, the legal challenge
Four out-of-state law firms wasted little time in soliciting free initial consultations with shareholders of Baltimore-based Millennial Media Inc. after the company announced last week that it agreed to be bought by AOL Inc. for $238 million, or $1.75 per share.
Millennial Media reports more losses in 2nd quarter
Baltimore-based Millennial Media‘s second-quarter results showed the independent mobile ad marketer continuing to struggle, with the company reporting a net loss of $15.5 million compared to $15.2 million for the […]
AOL reported in talks to buy Millennial Media
Millennial Media Inc. surged the most in three years after TechCrunch reported that AOL Inc. is in talks with the mobile-advertising company about a possible acquisition. Millennial jumped 28 percent […]
Millennial Media study shows advertisers’ advantage on mobile
As mobile advertising continues to steal prominence from its more traditional desktop counterpart, a new study from Millennial Media suggests that this trend will help brands better promote their products. […]
Cross Street finishes Millennial HQ
Cross Street Partners, a Baltimore-based real estate consulting, construction and service company, announced it has completed construction of a $5.5 million headquarters for Millennial Media, a mobile advertising firm, on […]
Charge boosts Millennial’s loss
Millennial Media, of Baltimore, a mobile advertising company, reported a net loss of $109.4 million, or $1.02 per share, for the third quarter, which includes a $93.5 million impairment charge. […]
Millennial Media to buy mobile ad business
The Baltimore company plans to acquire another firm in the mobile advertising space.
Report dissects internet usage across devices
A study by Millennial Media Inc., of Baltimore, a mobile advertising company, and Reston, Va.-based comScore Data, has found that 70 percent of digital users access the Internet across both mobile and PC, up from 63 percent a year ago.
