VNU Forming Online Ad Sales Operation
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VNU, the Dutch publishing and information giant, said that along with Normad & Blend Communicatie it will form an enterprise under the name of MediaNet bv, to centralize ad sales for the Dutch Internet sites of VNU.
VNU is taking an 80 percent stake in MediaNet bv, while ad agency Normad & Blend Communicatie will participate for the remaining 20 percent.
In addition to selling advertising space on the Internet, MediaNet will also provide online ad consulting services.