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Radio Remnant Marketplace Launches Online

Published on September 22, 2005
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An online marketplace for unsold radio ad inventory, Bid4Spots, launched yesterday in the hopes of transforming the process of buying and selling last-minute radio spots. The site brings buyers and sellers together in a reverse auction model, along with CRM-based pricing. Media buyers willing to forego the selection of specific stations and advance planning can buy spots for significantly reduced ad rates.