QuoteMedia, Inc. (QMCI.OB) has announced that it will provide market data feed services to Captivate Network, which is a subsidiary of Gannett Co., Inc. (GCI). QuoteMedia will be responsible for providing financial quotes and market data to the network.
Captivate Network is a digital news and entertainment provider focused on reaching professionals during business hours. Captivate has almost 8,400 wireless digital screens located in elevators of office towers in 24 of North America’s largest cities. With more than 54.5 million impressions per month, the screens reach an estimated 2.6 million professionals. QuoteMedia will join the network’s media partners that include CNN, USA Today, Forbes, and CNET.
Dave Shworan, CEO of QuoteMedia, stated, “We are very pleased with this exciting opportunity to provide financial information and market data to nearly 3 million viewers through this new digital channel.”
Captivate has identified their target audience and knows how vital it is to provide ‘Best in Class’ programming to their viewers. By entering into an agreement with QuoteMedia, the network will be able to provide professionals with timely, reliable, and key information about the business and financial markets throughout the workday.
Mike DiFranza, president and general manager of Captivate, said “We were impressed with the quality of QuoteMedia’s market coverage, their technological strength and particularly the level of support they provide. QuoteMedia has worked with us to ensure we are providing our viewers with the most up to date financial information possible.”
“Captivate is a recognized leader in the business focused digital marketplace, with a well deserved reputation for the quality and diversity of their programming. Their decision to use our data services is a wonderful endorsement of our product, and it provides a great opportunity to connect with their highly targeted audience of business professionals while exposing QuoteMedia’s brand to millions of viewers,” concluded Shworan.
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