Dallas-based Belo announces strategic partnership with Mochila

by PegNews wire

DALLAS — Belo Corp. and Mochila, Inc. announced today a strategic partnership whereby Belo will become a premier content syndication partner in the Mochila marketplace. In addition, Belo has made an investment in Mochila to help drive Mochila's future growth.

Mochila is the first global online media marketplace for text, video and photo content for publishers, editors, content creators and advertisers. Belo, one of North Texas' largest media companies, will now offer its local content for syndication and distribution via the Mochila marketplace.

Belo also will participate in Mochila's AdMatch program, creating new revenue opportunities via the Mochila marketplace while expanding the breadth of content for Belo's users. The Mochila AdMatch program allows members to acquire content for free and syndicate content to other publishers while earning a share of advertising revenue.

"At Belo, we continue to seek out innovative business investment opportunities designed to broaden the Company's tools and services we offer our online users and advertisers," said Skip Cass, executive vice president in charge of Belo's business development team. "This strategic partnership with Mochila increases the value of Belo's content and also provides our audiences with a richer online experience across our brands."

"This partnership is further validation of the Mochila model," said Mochila CEO Keith McAllister. "We are thrilled to be partnering with Belo, which has a longstanding reputation as one of America's great media companies. We look forward to helping Belo capitalize on new opportunities, while we benefit from Belo's experience and expertise to help us expand the Mochila marketplace."

Source: Belo