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  "documentTitle": "Perion Network Ltd. (PERI)",
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  "authorName": "Spruce Point Capital Management",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2023-05-23 00:00:00",
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  "notes": "Uses a table-like structure to contrast historical quotes against current business strategy.",
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      "kind": "callout",
      "text": "Recent Risk Factor Around Search Engines",
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      "text": "There are few companies in the market that provide internet search and search advertising services similar to those provided by Microsoft such as Google and Yahoo.",
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      "text": "If our Microsoft Agreement is terminated or substantially amended... There are few companies in the market that provide internet search and search advertising services similar to those provided by Microsoft such as Google and Yahoo.",
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      "text": "To kickstart its struggling search business, PERI recently rekindled a partnership with Yahoo! in early 2021 despite previously saying it generated no revenue from Yahoo! – why? Perion almost never talks about Yandex, which was last mentioned in 2014.",
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      "kind": "quote",
      "text": "Although we have agreements with Google and Yahoo, we do not generate a significant amount of revenue from them. — Perion 20-F March '17",
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      "text": "Yahoo! And Yandex Mentions",
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      "text": "PERI's Search Business Is Constrained By Few Search Engine Partnership Opportunities",
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