Ask.com is not renewing its contract with LookSmart. This appears to be a major hit for LookSmart as Ask Sponsored Listings revenue generated 89% of LookSmart's Company Publisher Solutions revenue in Q1 2009 alone.
The partnership between the two companies began in May 2005. The current contract expires on December 31, 2009.
When contacted, Ask.com said that their Sponsored Listings division is working on the next generation of their platform. No further details are available at this time.
An email to LookSmart's financial PR firm was not returned.
Twitter Canada MD Kirstine Stewart to Keynote Toronto
ClickZ Live Toronto (May 14-16) is a new event addressing the rapidly changing landscape that digital marketers face. The agenda focuses on customer engagement and attaining maximum ROI through online marketing efforts across paid, owned & earned media. Register now and save!