Condé Nast reconsidering relationship with RadiumOne
Condé Nast is reviewing the partnership it has with RadiumOne as TechCrunch announced its decision to sever ties with the ad platform in wake of the CEO’s domestic abuse charges.
Condé Nast entered into the partnership with RadiumOne earlier this week, saying that it was working with the company to understand how audiences engage with content and to harness additional data to offer better advertising options to its clients.
At the same time the deal was announced, RadiumOne CEO Gurbaksh Chahal was sentenced to three years' probation and community service as he pled guilty to misdemeanor domestic violence and battery charges.
In a statement made to Business Insider, the company said: "Condé Nast is not and has never been an investor in or partner of RadiumOne. Our Britain division has a vendor relationship for sales software with the company, as do many other UK-based media companies. We do not condone abusive behavior and the UK company is reviewing its association."
It comes as TechCrunch announced it was dropping RadiumOne as a sponsor of its Disrupt NY conference, explaining that it would not “condone, support, or deal with proven bad actors in our community,” adding that the company’s business is not welcome on its pages, hackathons or events.
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