Adbrite Shut down

ADBRITE SHUTDOWN

Feb - 1

Adbrite shuts down its ad for its publishers due to liabilities with its lenders.

The financial crisis didn leave the rival of Ad sense too...

Now the people who gets affected worse are the people who are depending on adbrite after disabled by adsense. especially the last month earnings are not seemed to given. However no official announcement came regarding that.

Adbrite has come under intense criticism in the recent months with failing payments and extremely low payouts. I had been running a adbrite ad from past few weeks and it couldn’t make a single dollar, and it went unnoticed from my view too. well, Internet Advertisers are feeling extreme heat with falling number of advertisers and lower revenues, while bloggers have been on the rise, looking to monetize every piece of text on their website. 

 Reason:

1. Social Media Giants Facebook is taking away a major chunk of advertisers, promising more value for every penny spent.
2. Adsense has become stringent in issuing accounts, while cutting down on spam content using periodical Page rank Algorithm updates.

Adbrite is headed by Hardeep Bindra, who heads the company of 26 employees, only to sell the company, the plans which went flat. The company was founded in 2002 as an ad network, and became an ad exchange in 2008. It raised more than $40 million in funding from Sequoia Capital and others.

Adbrite was never a great alternative, although it provided some relief by minting few cents in the spare. it’s time to move on guys.

We are also in search of alternate for adbrite after it fall. If you get any post it here.