Is Google Radio Sinking? DMarc Founders Depart
The founders of DMarc are leaving Google. That’s the scoop from paidContent’s Rafat Ali, who reports that brothers Chad and Ryan Steelberg, the company’s founders, resigned amid tension over Google’s approach to radio ad sales.
The Steelbergs joined Google when their automated radio ad placement company was acquired by Google a year ago for $102 million in cash plus the possibility of further payouts totaling up to $1.13 billion. If Valleywag‘s rumors are correct, the founders are now unlikely to see more than $200 million in earn-outs.
A Google spokesperson told Ali, “Google is committed to the audio business. We will continue to gather feedback during the Audio Ads beta test, and are happy with the progress to date.”
edit: giving proper credit to paidContent, which had the scoop on this yesterday.
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