Perion wins Best Buy Canada retail media DOOH mandate
Perion Network Ltd. filed a Form 6-K to furnish a press release announcing a new strategic partnership with Best Buy Canada.
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Form Type
6-K
Rhea-AI Filing Summary
Perion Network Ltd. filed a Form 6-K to furnish a press release announcing a new strategic partnership with Best Buy Canada.
Best Buy Canada has selected Perion as its full-stack, end-to-end technology partner to power and monetize its programmatic in-store digital signage network, creating one of the largest SSP-enabled Digital-Out-of-Home media networks in Canada. The collaboration is intended to modernize Best Buy Canada’s in-store media through a programmatic-first, loopless model that aims to provide more effective and measurable advertising experiences for brands and agencies. For Perion, the arrangement supports its Perion One strategy by reinforcing its role as a full-stack retail media technology provider, expanding exposure to premium, brand-safe retail DOOH supply, and building more predictable, infrastructure-level revenue streams over time.
Insights
Perion deepens retail media presence via Best Buy Canada DOOH deal.
The partnership positions Perion as the technology backbone for Best Buy Canada’s in-store programmatic digital signage. By powering a large SSP-enabled Digital-Out-of-Home network, Perion gains access to high-intent, point-of-sale ad inventory in a major electronics retail chain.
Management frames this as part of the Perion One strategy, emphasizing full-stack retail media capabilities and infrastructure-level relationships. The filing notes goals of expanding brand-safe DOOH supply and building more predictable revenue streams, but does not quantify financial impact.
Future filings may clarify monetization scale, advertiser adoption, and how much of Best Buy Canada’s 308-store network is activated on Perion’s platform over time, which will help investors gauge the materiality of this strategic win.
Key Figures
Best Buy Canada store count: 308 stores
Filing form: Form 6-K
Filing date: June 16, 2026
+1 more
4 metrics
Best Buy Canada store count
308 stores
Number of Best Buy, Best Buy Mobile and Best Buy Express stores across Canada
Filing form
Form 6-K
Report of Foreign Private Issuer for June 2026
Filing date
June 16, 2026
Date the report and press release were signed and issued
Investor relations contact phone
+972 (54) 7876785
Perion VP of Investor Relations contact number
Key Terms
Digital-Out-of-Home (DOOH), programmatic, SSP-enabled, full-stack retail media technology provider, +1 more
5 terms
Digital-Out-of-Home (DOOH) financial
"creating one of the largest SSP-enabled Digital-Out-of-Home (DOOH) media networks in the Canadian market"
Digital out-of-home (DOOH) are electronic screens and displays in public places — like shopping malls, transit stations, gas stations and elevators — that show changing digital ads and information. Investors care because DOOH turns traditional static billboards into flexible, targetable ad inventory that can be scheduled, measured and updated in real time, so revenue depends on foot traffic, location and campaign performance rather than one-time printing costs.
programmatic financial
"A programmatic-first, loopless model enables more effective, measurable experiences for brands and agencies"
"Programmatic" describes the automated process of buying and selling financial assets or advertising space using computer systems and algorithms. It allows transactions to happen quickly and efficiently, often without human intervention, similar to how vending machines dispense snacks automatically. For investors, programmatic methods can lead to faster decision-making and more precise targeting of opportunities, potentially enhancing overall investment performance.
SSP-enabled financial
"creating one of the largest SSP-enabled Digital-Out-of-Home (DOOH) media networks in the Canadian market"
full-stack retail media technology provider financial
"the partnership reinforces its positioning as a full-stack retail media technology provider"
Perion One financial
"we demonstrate that our Perion One strategy allows us to win complex, enterprise-level mandates"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Perion (PERI) announce in its June 2026 Form 6-K?
Perion reported a new strategic partnership with Best Buy Canada to power and monetize the retailer’s programmatic in-store digital signage network, creating a large SSP-enabled DOOH media network in Canada and reinforcing Perion’s positioning as a full-stack retail media technology provider.
How does the Best Buy Canada partnership support Perion’s Perion One strategy?
The partnership showcases Perion One as a full-stack platform for complex, enterprise-level mandates. Perion will serve as foundational infrastructure for Best Buy Canada’s retail DOOH network, supporting more predictable, infrastructure-level revenue streams and deeper strategic relationships with high-value retail media partners over time.
What advertising capabilities will Perion provide for Best Buy Canada’s in-store media?
Perion will deliver end-to-end technology for a programmatic-first, loopless in-store digital signage model. This approach is designed to offer more effective, measurable experiences for brands and agencies by turning in-store screens into a premium programmatic channel within Best Buy Canada’s physical retail environment.
Why is the Best Buy Canada DOOH partnership important for Perion (PERI) investors?
The deal expands Perion’s exposure to premium, brand-safe retail Digital-Out-of-Home inventory in a major Canadian electronics chain. It also illustrates Perion’s ability to secure enterprise-level retail media mandates, which aligns with management’s focus on scalable, infrastructure-level revenue opportunities rather than one-off advertising campaigns.
How large is Best Buy Canada’s retail footprint mentioned in the filing?
Best Buy Canada operates 308 Best Buy, Best Buy Mobile and Best Buy Express stores across Canada, plus an expanded assortment through BestBuy.ca. This sizable omnichannel footprint provides significant potential reach for Perion-powered programmatic DOOH advertising within the retailer’s in-store media network.
Does the Perion and Best Buy Canada partnership include any disclosed financial terms?
The filing and attached press release describe the relationship as a strategic, full-stack technology partnership but do not disclose specific financial terms, revenue share details, or contract duration, focusing instead on technology scope, network scale, and alignment with Perion’s Perion One strategy.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
under the Securities Exchange Act of 1934
For the month of June 2026
Commission File Number: 000-51694
Perion Network Ltd.
(Translation of registrant's name into English)
2 Leonardo Da Vinci Street, 24th Floor
Tel Aviv, Israel 6473309
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Explanatory Note
On June 16, 2026, Perion Network Ltd. (the “Registrant” or “Perion”) issued a
press release titled “Best Buy Canada Selects Perion as a Full-Stack Partner to Power its Retail DOOH Media Network”. A copy of this press release is furnished as Exhibit 99.1 herewith.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.
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PERION NETWORK LTD.
By: /s/ Elad Tzubery
Name: Elad Tzubery
Title: Chief Financial Officer
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Date: June 16, 2026
Exhibit 99.1
Best Buy Canada Selects Perion as a Full-Stack Partner to Power
its Retail DOOH Media Network
Partnership transforms in-store screens into a premium programmatic channel;
Demonstrating Perion’s ability to capture share in the high-growth retail media vertical
New York & Tel Aviv, June 16, 2026 – Perion (NASDAQ & TASE: PERI), a leader in advanced technology solving for the complexities of modern advertising, today announced a strategic partnership with Canada’s largest Consumer Electronics omnichannel
retailer, Best Buy Canada. The retailer has selected Perion as its end-to-end technology partner to power the monetization of its programmatic in-store digital signage network, creating one of the largest
SSP-enabled Digital-Out-of-Home (DOOH) media networks in the Canadian market.
Key Strategic Partnership Highlights
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Market Expansion: This partnership expands Perion’s footprint in the rapidly growing Retail Media
ecosystem by transitioning Best Buy Canada’s in-store media to a programmatic-first retail media model.
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Full-Stack Adoption: Best Buy Canada is deploying Perion’s comprehensive suite - including Ad Server,
SSP, and Header Bidding technologies. This unified approach replaces legacy systems, validating Perion’s strategy to increase share of wallet and long-term customer retention through deep, multi-layer platform integration.
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Yield Optimization: Moving from traditional "loop-based" signage to Perion’s dynamic, impression-level
decisioning engine allows Best Buy to drive higher yield and improved monetization efficiency, while offering advertisers real-time performance metrics previously unavailable in offline environments.
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“Perion provides the technology foundation to help modernize and scale our in-store media offering,” said Thierry Hay-Sabourin, Senior Vice President -
Ecommerce, Marketplace & Marketing, Best Buy Canada. “A programmatic-first, loopless model enables more effective, measurable experiences for brands and agencies, while unlocking the valuable advertising moments that our in-store environment
offers.”
“By serving as a foundational infrastructure for a market leader such as Best Buy Canada, we demonstrate that our Perion One strategy allows us to win
complex, enterprise-level mandates,” said Tal Jacobson, CEO of Perion. “We are creating a repeatable playbook to modernize retail media networks globally, ensuring sustainable growth and deeper strategic relationships with high-value partners.”
For Perion, the partnership reinforces its positioning as a full-stack retail media technology provider, expands exposure to premium, brand-safe retail
DOOH supply, and supports the company’s strategy to build more predictable, infrastructure-level revenue streams over time.
About Perion
Perion is helping agencies, brands and retailers get better results with their marketing investments by providing advanced technology across digital
channels. Through the Perion One platform, we are making digital advertising more effective by building solutions that continuously adapt to connect the dots between data, creative and channels.
For more information, visit Perion's website at www.perion.com.
About Best Buy Canada
A wholly owned subsidiary of Best Buy Co., Inc. (NYSE:BBY), Best Buy Canada Ltd. is one of Canada's largest and most innovative omnichannel retailers,
operating the Best Buy, Best Buy Mobile, Best Buy Express and Geek Squad (www.geeksquad.ca)
brands. With 308 Best Buy, Best Buy Mobile and Best Buy Express stores across Canada and an expanded assortment of lifestyle products offered through BestBuy.ca, Best Buy is a leader in total retail, catering to customers how, when, and where they
want to shop. Best Buy Canada is committed to making a positive impact in the community with programs and partnerships that support youth to connect with technology to advance their education. For more information, visit BestBuy.ca.
Forward Looking Statements
This press release contains historical information and forward-looking statements within the meaning of the Securities Act of 1933, as amended, the
Securities Exchange Act of 1934, as amended, and the safe- harbor provisions of the Private Securities Litigation Reform Act of 1995 with respect to the business, financial condition and results of operations of Perion. The words “will,” “believe,”
“expect,” “intend,” “plan,” “should,” “estimate” and similar expressions are intended to identify forward-looking statements. Such statements reflect the current views, assumptions and expectations of Perion with respect to future events and are
subject to risks and uncertainties. All statements other than statements of historical fact included in this press release are forward-looking statements. Many factors could cause the actual results, performance or achievements of Perion to be
materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, or financial information, including, but not limited to, political, economic and other developments
(including the current war between Israel and Hamas and other armed groups in the region), the failure to realize the anticipated benefits of companies and businesses we acquired and may acquire in the future, risks entailed in integrating the
companies and businesses we acquire, including employee retention and customer acceptance, the risk that such transactions will divert management and other resources from the ongoing operations of the business or otherwise disrupt the conduct of
those businesses, and general risks associated with the business of Perion including, loss of, or reduction in our business with, key customers or other partners that are material to our business, the impact of the rapid development and broad
adoption of generative AI on our business, the transformation in our strategy, intended to unify our business units under the Perion brand (Perion One), intense and frequent changes in the markets in which the businesses operate and in general
economic and business conditions (including the fluctuation of our share price), armed conflicts with Iran and other parties, the outcome of any pending or future proceedings against Perion, data breaches, cyberattacks and other similar incidents,
unpredictable sales cycles, competitive pressures, market acceptance of new products and of the Perion One strategy, changes in applicable laws and regulations as well as industry self-regulation, negative or unexpected tax consequences, inability to
meet efficiency and cost reduction objectives, changes in business strategy and various other factors, whether referenced or not referenced in this press release. We urge you to consider those factors, together with the other risks and uncertainties
described in our most recent Annual Report on Form 20-F for the year ended December 31, 2025 as filed with the Securities and Exchange Commission (SEC) on March 16, 2026, and our other reports filed with the SEC, in evaluating our forward-looking
statements and other risks and uncertainties that may affect Perion and its results of operations. Perion does not assume any obligation to update these forward-looking statements.
Contact Information Perion:
Perion Network Ltd.
Dudi Musler, VP of Investor Relations
+972 (54) 7876785
dudim@perion.com
Contact Information Best Buy Canada:
E: media@bestbuycanada.ca