ContextWeb seeks to broker both high-end and remnant inventory more efficiently by allowing publishers to communicate their ask price. ContextWeb is actively fighting the industry tendency to relegate publishers to "remnant" status by default.
The role of an independent growth player in the marketplace is a real wildcard. We know that product quality hasn't been the main reason Google won the PPC wars (reach was), but it was a real catalyst for pulling away from the laggards. ContextWeb's success will depend on the coolness of its platform (I'm confident of that) and the size of the marketplace it's able to build through business development and self-serve publisher signups.
Owning the premier properties seems to be the most favorable place to be here, given the emergence of rough-and-tumble competition among robust middlemen. Yahoo would really love to acquire Facebook, wouldn't they. So Right Media sounds like a consolation prize.
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