GroupM’s advanced TV unit MODI Media will use Innovid as its preferred ad server for all connected TV campaigns, the companies announced today. Seth Walters, senior partner at MODI, who oversees its connected TV business, told me that Innovid addresses a key pain point of delivering video adds into the highly fragmented connected TV space, while also offering real-time analytics on campaign performance across devices.
With video and TV viewing fragmenting across numerous devices, services and apps, advertisers are more challenged than ever to efficiently build holistic, measurable TV ad campaigns. That has created a big opening for major platforms like Google/YouTube, Facebook and others to differentiate themselves with single source, in-depth user data that can be mined for targeted campaigns across their massive audiences.
Concerned by these dynamics and the precedent of how platforms seized ad dollars from print publishers, NAB Show is seeking to play a leadership role, forming a new digital committee including executives from TV networks, pay-TV operators and TV station owners. The committee, headed by Lorne Brown, Founder and CEO of Operative, a leading video ad tech provider, held its first invite-only meeting a few weeks ago at the NAB Show.
Content quality is widely viewed as one of the most important variables for driving performance in advertising. Many brands and agencies divide their efforts between premium media advertising and cost effective media advertising. Buying premium content and video is often utilized to build brand awareness and generate exposure, while cost effective media advertising focuses on conversion points and total reach. Bridging the two practices through software for value and decisioning gives advertisers unreached efficiencies. This will be extremely important as the move to cross screen advertising begins to scale.
But what is the formula for automating the process to determine what is to be considered premium content?
Early bird discounted registration ends this Friday for the 6th annual VideoNuze Online Video Advertising Summit on Tuesday, June 14th in NYC. All early bird registrants save $100 and are entered to win a 55-inch TCL 4K Roku TV.
Our amazing program includes keynote guests Charlie Chappell, Head of Global Integrated Media, The Hershey Company and Marc Debevoise, EVP/GM, CBS Digital Media, CBS Interactive, plus 35+ executives from A+E Networks, American Express, Bloomberg Media, Conde Nast, IAB, Initiative, IPG Mediabrands, Mindshare, NBCU, Newsy, Turner, Viacom, The Washington Post, The Weather Company, Whistle Sports, Xaxis, Zenith and many others who are participating in the Ad Summit.
The Ad Summit is generously supported by 16 industry-leading companies on board so far as sponsors, including Title Partner Videology, Premier Partners Altitude Digital, DashBid, Extreme Reach, Verizon Digital Media Services and VertaMedia, Headline Partners Alphonso, Beachfront Media, Cedato, FreeWheel, Genesis Media, JW Player, Operative and Placemedia and Branding Partners Brightcove and Roku.
Don't delay - register now and save!
When Amazon Video Direct (AVD) was announced last week, lots of industry observers saw it as a new YouTube competitor. At some point that may be true, but for now, there is little for YouTube, the undisputed 800-pound gorilla of the online video industry, to be worried about.
While video content providers will welcome another deep-pocketed third-party distributor into the market, the most important challenge AVD faces is proving that it can make incremental money for these providers, beyond what they can already earn on YouTube, their own direct channels/apps and elsewhere.
Amazon revealed 4 different ways that content providers can monetize their videos, but each has challenges.
New research from video ad tech provider Unruly highlights the opportunities and challenges advertisers have in reaching 18-34 year-old audiences with video ads.
The good news for advertisers is that millennials are 112% more likely than the average viewer to share the ads they like. Getting them to do so hinges on the ad capturing the zeitgeist. Fortunately, millennials are 25% more likely than the average viewer to feel inspired by video ads and 27% more likely to feel happy. They are also 23% more likely to enjoy relevant ads.
Video ad tech provider Cedato has launched CedatoX, a private video ad marketplace, connecting supply and demand on the Cedato platform at the server level. In a briefing, Cedato’s CMO Dvir Doron told me that the key benefits are simple setup and transactions along with proven revenue lift for participating publishers.
Dvir highlighted that CedatoX addresses the pain point of video transactions being complicated for both sides to configure and maintain. With CedatoX, private transaction terms are set and managed on the platform. The result is more effective yield and fill rates.
I'm thrilled to share that Charlie Chappell, Head of Global Integrated Media, The Hershey Company, will be our afternoon keynote guest at the 6th annual VideoNuze Online Video Ad Summit on Tuesday, June 16th in NYC. Charlie is leading the transformation of Hershey’s approach to modern media. Prior to joining Hershey’s in 2012, Charlie spent 12 years at P&G where he was part of the P&G Digital Leadership Team.
Charlie will be interviewed by Matt Spiegel, SVP, Marketing & Technology Solutions at MediaLink on topics including how Hershey’s is using video to connect with its customers, the company’s approach to allocating spending between video and TV and how brands need to leverage new technologies to stay competitive.
Charlie’s session complements our morning keynote with Marc Debevoise, EVP/GM, CBS Digital Media, CBS Interactive. Marc oversees the network’s digital initiatives in entertainment, sports and news including CBS.com, CBS All Access (its subscription streaming service) and CBSN (its 24/7 digital news network), among others. I’ll be interviewing Marc about how broadcasters are being impacted by the rise of online video viewing and how they’re innovating to compete.
Charlie and Marc are part of an fantastic group of 30+ industry executives from A+E Networks, American Express, Bloomberg Media, Conde Nast, IAB, Initiative, Mindshare, NBCU, Newsy, Turner, Viacom, The Washington Post, The Weather Company, Whistle Sports, Xaxis, Zenith and many others who are participating in the Ad Summit.
Last year's Ad Summit attracted over 450 attendees so register early to save and to win a 55-inch TCL 4K Roku TV!
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FreeWheel has acquired Paris-based video supply-side platform StickyADS.tv, for an undisclosed sum, the companies announced this morning. StickyADS.tv is one of the largest independent SSPs and has a team of approximately 100, including a beachhead in the U.S. that was established last Fall. The companies have been working together since last year, including an integration when StickyADS.tv was one of the initial SSPs to join FreeWheel’s Preferred Partners program.
FreeWheel’s co-CEO and co-founder Doug Knopper told me that the acquisition was in direct response to customers’ requests to have a single platform to manage both video ads that are direct sold and those that are transacted programmatically. FreeWheel’s customers are among the biggest broadcasters, cable networks and online publishers, and while Doug said direct sold still accounts for the vast majority of inventory for its customers, they recognize how critical programmatic has become and are aggressively positioning themselves for the future.
OpenSlate has released data revealing vastly different YouTube viewing for men vs. women. OpenSlate said that 62% of YouTube views by women aged 18-34 are in the Beauty & Style category, more than 10x the viewership of the next category, Health & Fitness, which had a 6% share.
The Beauty & Style category is dominated by Face & Body Care, which accounts for 40% of the views, followed by Make-Up & Cosmetics (34%) and Hair Care (13%). OpenSlate also found that Beauty & Style has the highest women 18-34 audience composition, followed by Food & Drink (38%) and Shopping (33%).
Don't miss out on a chance to win a 55-inch TCL 4K Roku TV by registering early for the 6th annual VideoNuze Online Video Ad Summit on Tuesday, June 14th in NYC.
Yesterday’s news that Magna Global has committed $250 million of client spending to YouTube - all shifted from TV budgets - is another critical reminder of how dynamic the TV and video advertising markets are. Our keynoter from last year’s Ad Summit, David Cohen, president of Magna Global N.A. told the WSJ, “We have negotiated a meaningful share shift from linear television to digital video.”
The decision will be a key part of our “NewFronts, Upfronts and the Transitioning Ad Market” fireside chat featuring Adam Shlachter, President, VM1, Zenith and Maureen Bosetti, Chief Investment Officer, Initiative, which is Magna’s sister IPG company. Once again, Tim Hanlon will moderate the discussion which will examine the dynamics of budgets are being allocated between TV and video.
The exciting program will feature 13 sessions spanning all the hottest industry topics. Over 30 executives are already confirmed to speak, from industry leaders like A+E Networks, American Express, Bloomberg Media, Conde Nast, IAB, Initiative, Mindshare, NBCU, Newsy, Turner, The Washington Post, The Weather Company, Whistle Sports, Xaxis, Zenith and many others.
Last year's Ad Summit drew over 450 attendees and I expect similar attendance this year too, so register early to reserve your place!
Many thanks to the 15 industry-leading companies on board so far as sponsors, including Title Partner Videology, Premier Partners Altitude Digital, DashBid, Extreme Reach, Verizon Digital Media Services and VertaMedia, Headline Partners Alphonso, Beachfront Media, Cedato, FreeWheel, Genesis Media, JW Player, Operative and Placemedia and Branding Partner Roku.
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While the main goal of Hulu’s NewFront this morning was of course to excite advertisers to open their checkbooks, the event also marked the unofficial kickoff of the company’s ambitious repositioning from a catchup SVOD hub to an all-encompassing, next-generation, personalized TV service including live linear TV feeds.
At its NewFront, Hulu’s CEO Mike Hopkins confirmed what had been strategically leaked to the WSJ in an article reported Sunday night - that the company intends to launch a skinny bundle of linear broadcast and cable TV networks to augment its on-demand programming, for monthly fee of approximately $40.
New IAB research indicates that ad spending on original online video is up 114% in the past 2 years. The 360 advertiser and agency executive respondents said that their average original online video ad spending has increased from $2.1 million in 2014 to $4.5 million in 2016. Telecom is the vertical with the highest average spending in 2016 ($6.7 million), followed by Health and Beauty ($6.4 million).
The research revealed that more than a third of advertisers’ online video budgets and 38% of their original video budgets will be allocated at the NewFronts, underscoring why online and established companies continue to invest in their presentations. 8 in 10 respondents (including both TV buyers and digital buyers) said that they increased their original online budgets due to NewFronts attendance.
Late last week Videology shared Q1 ’16 data from its platform, showing the continued convergence between TV and online video advertising. Videology found that 11% of video campaigns run through its platform used TV data segments to help target online video campaigns. As in the past, the most-used segment was current TV ad schedules, followed by sports viewers and competitors’ TV schedules.
The use of TV audience data has been on an upswing over the past year plus according to Videology. In Q4 ’15, Videology reported that video campaigns using TV audience data had increased by 114% year-over-year. No doubt this was off a very small base as the whole concept of using TV viewing data is still relatively early stage.
A reminder that early bird discounted registration is available for the 6th annual VideoNuze Online Video Advertising Summit on Tuesday, June 14th in NYC. All early bird registrants will be entered to win a 55-inch TCL 4K Roku TV, generously provided by Roku.
Our overarching theme this year will be the ongoing convergence between TV and online video advertising. So far, over 25 executives are on board to speak at the Ad Summit, from industry leaders like A+E Networks, American Express, Conde Nast, IAB, Initiative, Mindshare, NBCU, Newsy, Turner, The Washington Post, The Weather Company, Whistle Sports, Zenith Optimedia and many others.
I’m thrilled that Marc Debevoise, EVP/GM, CBS Digital Media at CBS Interactive will be our morning keynote guest. I will be interviewing Marc about CBS’s digital strategy, including initiatives like CBS All Access, CBSN its live-streaming news channel, Super Bowl streaming, monetization strategies, mobile distribution along with larger industry trends.
The packed program will feature 13 sessions focused on the convergence of TV and video advertising from both a strategic and operational perspective, mobile video, how TV networks are succeeding in the digital era, multi-platform campaigns and connected TVs, the critical role of data, the NewFronts/Upfronts, succeeding in the platform economy and lots more.
The Ad Summit will again be a must-attend day of learning and networking with industry leaders from brands, agencies, content providers, technology companies and others in the ecosystem. Last year's Ad Summit drew over 450 attendees and featured 50+ speakers.
There are 15 industry-leading companies on board so far as sponsors, including Title Partner Videology, Premier Partners Altitude Digital, DashBid, Extreme Reach, Verizon Digital Media Services and VertaMedia, Headline Partners Alphonso, Beachfront Media, Cedato, FreeWheel, Genesis Media, JW Player, Operative and Placemedia and Branding Partner Roku. As always, I’m extremely grateful for our partners’ generous support!
Learn more and register now!
Outstream video ad units - video ads that appear within content as readers scroll through - have taken the market by storm since their release in 2013. An increasing number of vendors provide this technology for publishers, to insert video ads into non-video carrying pages.
It’s no secret that video represents one of the highest yielding advertising opportunities for publishers, but also one of the most resource intensive to create. Publishers have invested significantly to develop the content required to provide video at scale. The Wall Street Journal, for example, employed a 40-person video team tasked with creating 40 videos per day, while CNN is pushing video views over page views as a measure of success.
The FreeWheel Council for Premium Video, an advocacy group of 30 programmers, operators and digital publishers, has released its first white paper, spelling out the case for premium video’s quality difference, explaining two specific impediments to its future growth and making recommendations for unlocking premium video’s full value.
From a quality perspective, the paper notes that in addition to premium video delivering valuable audiences at scale in a transparent context, it also delivers higher viewability vs. all video, according to a study FreeWheel conducted with Moat. That study found that the two-second video in view rate for premium video from a FreeWheel set of publishers was 76.8% (vs. 62.7% for all Moat video) and the five-second in view rate was 72% for FreeWheel’s set (vs. 57% for all video).
Integral Ad Science will provide its video viewability targeting segments to AudienceScience for inclusion in the company’s Helios Advertising Enterprise Advertising Software, the companies announced today. AudienceScience clients will be able to build campaigns that include specific video viewability levels based on Integral Ad Science’s data.
Online video advertising is booming but the vast majority of what we all see are still repurposed TV ads. That has created a huge new problem of monitoring and complying with the ads’ commercial usage rights. Non-compliance can result in significant fines from unions such as SAG-AFTRA, ACTRA and others that represent talent who appear in ads.
To address this growing problem, video ad tech provider Extreme Reach launched TRUST Tags (Talent and Rights Usage Safety Tracking) last August. Extreme Reach’s CEO John Roland told me in a recent briefing that over 180 agencies and advertisers are now using the TRUST tag, which is free, and that the company has just launched its first ad campaign to raise awareness for TRUST.
Topics: Extreme Reach
TV programmers like Viacom and AMC are in the same position that print companies like The New York Times and Conde Nast were ten years ago. As consumers moved to reading content online, the legacy publishing companies figured they could replicate their business on a new channel. No one could believe that a tech company with no real content could compete for brand advertising budgets. We all know how that played out.
Now, consumers are cutting the cord and moving to digital channels to watch TV. There is more to lose on both the buy and sell side during this time around. TV advertising is considered by advertisers to be the holy grail of inventory, and they don’t want to lose it any more than the TV companies do. However, the siren song of audiences at scale and with technical ease could change their minds.