At the recent Video Ad Summit, one of our most popular sessions, as always, was a fireside chat debriefing the NewFronts and Upfronts with senior ad agency executives. This year, Maureen Bosetti (Chief Investment Officer, Initiative) and Adam Shlachter (President, VM1, Zenith Media) participated, with Tim Hanlon (Managing Director, FTI Consulting) moderating.
The wide-ranging discussion began with Maureen highlighting the continued strong relevance of the upfronts for clients who need to plan ahead and efficiently allocate spending to reach mass audiences. But the upfronts are becoming less about linear TV specifically (which is of course shrinking, in turn driving up pricing for scarcer inventory) and more about longer-term investments in video holistically.
This is a much more complicated buying process which, especially given how audiences are fragmenting to new video outlets on multiple devices. Adam and Maureen discuss some of the key challenges including how to use clients’ data, how to navigate TV networks’ disparate audience targeting initiatives and how their agencies are organized to succeed, plus lots more.
Adam and Maureen also share their thoughts on the NewFronts, which they see as maturing in certain respects, though still not offering the level of scale and efficiency as traditional TV.
All in all the session provides numerous insights from the buy side on how the TV/video ad landscape is fast-evolving and what’s being done by agencies to help clients stay ahead of the curve.
Watch the video now (32 minutes, 5 seconds).
The convergence of TV and online video advertising is happening, but there are still many operational challenges to realizing its full potential. At the recent Video Ad Summit, we zeroed in what still needs to be done in a session titled “How to Move Ads at the Speed of Today,” which included Melinda McLaughlin (CMO, Extreme Reach), Peter Olsen (EVP, National Ad Sales, A+E Networks) and Mitch Weinstein (SVP, Director of Ad Operations, IPG Mediabrands), with Steve Grubbs of Prohaska Consulting serving as moderator.
The panelists dug into issues including the diverse ad operations workflows for TV vs. online video, the confusion caused by today’s metrics, the huge amount of time industry executives currently waste just trying to sync up on common standards and terminology, why reach is so important, yet so elusive across TV and digital, plus lots more.
It’s a fascinating, well-grounded discussion of the practicalities required to make converged campaigns and spending really take off.
Watch the video (33 minutes, 5 seconds).
The opening session of our recent Video Ad Summit, “Convergence Realized: Why TV and Video are Now Inseparable,” featured panelists David Bickford (Head of TV Sales & Multi-Platform Group Director, Bloomberg Media), Jon Heller (Co-founder and Co-CEO, FreeWheel), Nick Johnson (SVP, Digital Ad Sales Strategy, Turner Ad Sales) and Paul Williamson (Chief Investment Officer, Publicis Media Exchange U.S.).
Tim Castree (Managing Director, North America, Videology) moderated the session and also shared a 10-minute presentation at the beginning providing some of the key contextual drivers for why TV and video are converging for advertisers and publishers (Tim’s slides are posted here).
Topics of discussion included changing viewers’ behaviors leading to fragmentation, the resulting measurement challenges and what’s being done to overcome them, how advertisers are coping with “patchwork” metrics, how content providers should think about cross-screen distribution, how advertisers are planning campaigns across different and much more.
Watch the video (52 minutes, 43 seconds).
In his keynote interview at the recent Video Ad Summit, Charlie Chappell, Hershey’s head of global integrated media, shared lots of great insights on how the company is adapting to the fast-changing video landscape. Interviewed by MediaLink’s Matt Spiegel, Charlie explained that until just a few years ago, Hershey’s spend virtually all of its ad dollars on TV, but now it is diversifying to capitalize on new opportunities.
Charlie talks about how reach is still the most important objective and ROI is measured by actual product sales. But that metric isn’t fully formed yet for many digital outlets, so the company is improvising, for now, how to measure success with video and social platforms as it moves beyond basic age and gender.
Importantly, Charlie discusses the impact of video and social on the company’s brand leaders and how the company is organizing itself to succeed. Charlie also describes how creative isn’t optimized solely for TV ads any longer, but needs to work across all platforms.
These are just a few of the highlights of the wide-ranging interview. Watch the interview (32 minutes, 15 seconds) for lots more.
Online video and YouTube specifically are playing big roles in the auto industry for prospective buyers and enthusiasts, according to new research from video ad tech provider Pixability. The company found that auto-related video views on YouTube increased 42% from 2014 to 2015. There are currently 244K auto-related channels on YouTube with 3.5 million videos that have driven 73 billion views. Searches for “car reviews” specifically on YouTube have outpaced the same searches on Google itself over the past 5 years.
News Corp. announced this morning at Cannes Lions the availability of a new viewable vertical video ad for mobile devices that can be bought initially on The Sun and The New York Post. The ad is an outstream format against vertical video content, plays only when in view and can be scrolled past. The ad appears with audio off, which viewers can toggle on. Viewability is measured by Moat per MRC standards.
We had a hugely successful 6th annual VideoNuze Online Video Advertising Summit this past Tuesday in NYC, with over 425 industry colleagues attending. 50 executives participated on 13 sessions focused around our theme of how TV and online video advertising are converging.
All of the sessions were video-recorded and I’ll be posting the videos with summaries over the next couple weeks as they’re edited. I received tons of great feedback on the sessions. There are countless insights about the current landscape for online video advertising currently and where things are heading.
The 6th annual VideoNuze Online Video Ad Summit is tomorrow, Tuesday, June 14th in NYC. So if you've been debating whether to attend, it’s time to get off the fence! Here are some highlights of what to expect:
50 industry executives speaking on 13 different sessions. The overarching theme of the Video Ad Summit is the convergence between online video advertising and TV advertising. The program includes multiple sessions that will address the subject from different angles and in different formats. Additional sessions will focus on capitalizing on mobile video, finding video success in the “platform economy,” optimizing video ad targeting through data, what’s ahead for programmatic video and TV, unlocking video’s value in the OTT era and lots more.
2 fantastic keynote sessions. Our morning keynote interview is with Marc Debevoise, EVP/GM of CBS Digital Media, who I will interview about how CBS is embracing a new world of video opportunities. Then in the afternoon, Charlie Chappell, Head of Global Integrated Media at Hershey’s will discuss how the company is adapting to a new media landscape, in an interview with MediaLink SVP Matt Spiegel. Both sessions promise executive level insights and best practices sharing.
Superb networking with hundreds of industry colleagues. As always the Video Ad Summit provides some of the best networking around, with colleagues from throughout the ecosystem. The day will wrap up with an hour of cocktails.
Learning from our sponsors. I’m extremely grateful to the Video Ad Summit’s 17 fabulous sponsors, who will have table-tops and staff attending. They’re all doing cool stuff and the Video Ad Summit is premier opportunity to learn from them and understand how they’re moving the industry forward.
Join us by registering now!
Video ad tech provider Genesis Media has introduced Trending Topics, enabling advertisers to capitalize on temporary traffic spikes in particular web content. As Genesis Media’s CEO Mark Yackanich explained to me in a briefing, Trending Topics provides unique opportunities to advertisers to hop onto surges in web content triggered by hot cultural events, even before they’ve been detected by Google, Facebook or other sources.
Trending Topics leverages Genesis Media’s core competencies in web content monitoring and analysis. The company is scanning for web content that has the highest velocity, or rapid movement, in page views. Genesis Media then marries this data to its proprietary Page Attention Rank (PAR) which measures users’ attention, retention and time spent to create an index revealing which trending pages represent unusually high value for advertisers based on their objectives.
Topics: Genesis Media
The 6th annual VideoNuze Online Video Advertising Summit in NYC is coming up next Tuesday, June 14th, with over 400 executives from throughout the ecosystem already signed up to attend, once again making the event a premier day of networking.
The program is also now finalized, with 50 speakers appearing on 13 sessions including keynote interviews, fireside chats, panel discussions and presentations that cover the most important topics in online video. A ton of hard work has gone into curating the program and optimizing each session’s particular focus. All of this means that the Video Ad Summit will be a top-notch day of learning for all attendees.
The conference’s over-arching theme is the convergence between online video and TV. Two sessions to highlight will occur in the morning. The first, “Reaching Audiences at Scale: Will TV Succeed in the Digital Age” will examine the fast-changing landscape for TV advertising, with major competitors like YouTube, Facebook, Snapchat and others offering advertisers unprecedented scale (see today’s WSJ interview with YouTube’s CEO Susan Wojcicki for more). Lorne Brown, founder and CEO of Operative (who’s also leading the NAB’s Digital Committee) will moderate, with Adam Gerber (ABC), Mike Germano (VICE Media), Melissa Kihara (Xaxis) and Bob Toohey (Verizon Digital Media) participating.
Then, following the morning break, the next session, “Optimizing Video Ad Targeting Through Data and Analysis” will dig deeply into how TV networks are investing heavily in data to enable their inventory to be more targeted and valuable. The session will also explore how networks are enabling holistic, targeted campaigns across their TV and online video properties, and across devices. Mike Chapman, Managing Director at Accenture Strategy (who co-authored the ABC study on TV advertising ROI, released during this year’s upfronts) will moderate, with Gabe Bevilacqua (Viacom), Denise Colella (NBCU), David Ernst (Discovery), Mark Gall (Alphonso) and Vikram Somaya (ESPN) participating.
Together, these sessions are going to provide fantastic insights into the intersection of TV and video advertising and what TV networks, as the biggest source of premium programming online, are doing to remain competitive.
Learn more about the Video Ad Summit and register now!
In today’s on-demand culture, the days of passive television viewing are over. People prefer to choose the exact content they want to watch when they want to watch it. It’s no longer about who controls the TV remote – it’s now about controlling our individualized viewing experience and schedule.
It’s no surprise, then, that more than half of all U.S. homes own a Connected TV (CTV), a set that plays traditional TV programming yet is also connected to the Internet through a stand-alone streaming device. These devices, such as Roku, Apple TV, Amazon Fire, Chromecast, etc., enable access to over-the-top (OTT) services like Netflix, Hulu and Amazon, to name but a few, as well as ad serving and digital measurement.
Seeking to further educate the market about the benefits of outstream video advertising, ad tech provider Teads has unveiled a first-of-its-kind programmatic outstream accreditation program for ad agencies and trading desks.
Teads was a pioneer in outstream ads, which are video ads that play against non-video inventory. Given the high expense of creating premium video content and its scarcity, outstream ads have become a hugely popular way for premium publishers to monetize their content.
Online video and TV advertising are converging as viewers increasingly watch long-form content - entertainment, news and sports - on multiple devices. How this convergence is actually happening and the key challenges that remain are a critical focus of our 6th annual VideoNuze Online Video Advertising Summit, coming up 2 weeks from today, on Tuesday, June 14th in NYC.
Two of our sessions will directly address convergence, one from the opportunities standpoint and the other from the challenges standpoint. Our opening session, “Convergence Realized: Why TV and Video are Now Inseparable” will set the stage for the day, by exploring strategic drivers behind convergence such as fragmenting viewership, advertisers’ interest in efficient, cross-platform campaigns, the unifying role of data, etc.
Videology’s Managing Director, North America Tim Castree will share a short presentation with the latest data, and then moderate a session with David Bickford (Head of TV Sales & Multi-Platform Group Director, Bloomberg Media), Jon Heller (Co-Founder and Co-CEO, FreeWheel), Nick Johnson (SVP, Digital Ad Sales Strategy, Turner Ad Sales) and Paul Williamson (Chief Investment Officer, Publicis Media Exchange - U.S.).
Even as the convergence opportunities are sizable, so too are the challenges, with many moving pieces, manual inefficiencies and disjointed workflows. So the afternoon companion session, “How to Move Video Ads at the Speed of Today,” will dig into these and other challenges, as well as explore current solutions.
The session is moderated by Prohaska Consulting’s Steve Grubbs and includes Peter Olsen (EVP, National Ad Sales, A+E Networks), John Roland (CEO and Co-Founder, Extreme Reach) and Mitch Weinstein (SVP, Director of Ad Operations, IPG Mediabrands). Expect to come away from both sessions with an improved understanding of how convergence is playing out and what still needs to be done.
In addition, there are 11 other sessions planned at the Video Ad Summit, which features 50 speakers in total. All of the most important industry topics will be explored, with convergence as the over-arching theme.
Review the whole program and register now!
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.