Ooyala has released a new HTML5 player aimed at delivering faster video load times on desktop and mobile devices for both on-demand and live streaming with HLS and DASH.
Jonas Flodh, Ooyala’s senior director, global product management, told me that the guiding vision for the new player was flexibility. Ooyala wanted the player to not only load fast, but also offer quick customization, seamless monetization and analytics plug-ins.
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
Verizon Digital Media Services announced it plans to acquire Volicon, a private Boston-area company that provides monitoring and archiving solutions for 1,200+ TV broadcasters and video operators globally. Volicon’s Observer Media Intelligence Platform allows video to be captured and logged for the purpose of compliance, media analysis, competitive intelligence, ratings monitoring, loudness, quality of experience and more.
Demand-side video ad platform TubeMogul reported record Q4 2015 and full year 2015 financial results yesterday, once again beating its own forecasts, as investments in programmatic TV (PTV) and cross-screen planning paid off.
For 2015, total ad spending through TubeMogul was $414.2 million, up 63% vs. 2014 (above the most recent forecast of $406-$408 million), revenue was $180.7 million, up 58% vs. 2014 (above the forecast of $173-$175 million), gross profit was $122.5 million, up 53% vs. 2014 (above the forecast of $117-$119 million) and adjusted EBITDA was $3.4 million, up 31% vs. 2014 (above the forecast of a loss of $1-$3 million).
Extreme Reach has operated under the radar for many years, but this Boston-area company has become a powerhouse in the delivery of both TV and video advertising. Now it’s poised for a much higher profile, following the recent hiring of industry veteran Melinda McLaughlin as Chief Marketing Officer, who most recently had the same role at Tremor Video. Melinda’s an old friend and I recently discussed her move, plus what’s ahead for Extreme Reach and the industry. Following is the transcript.
Topics: Extreme Reach
Video ad tech provider Pixability has unveiled v4 of its platform, enabling unified video ad buying across YouTube, Facebook, Instagram and Twitter. With v4, agencies and advertisers can plan, execute, measure and optimize video ad campaigns through one dashboard, greatly streamlining the workflow. With v4, Pixability is expanding beyond its traditional focus on YouTube ad buying.
Video ad tech provider Genesis Media has launched “Adaptive Formats,” which dynamically delivers video ad units that are optimized to an individual web page’s editorial and to the user’s behavior. The goal is to enable content publishers to best monetize each individual piece of their content while providing an outstanding user experience and full value to advertisers.
Genesis Media’s CEO Mark Yackanich explained to me that Adaptive Formats automates a previously manual process. He added that Adaptive Formats directly addresses key publisher pain points of how to select from the myriad video ad units which are now available and then how to scale the ones that are selected.
Topics: Genesis Media
Meredith Digital has tapped Ooyala IQ for unified video engagement and performance analytics across multiple video players on properties including Parents, Allrecipes, Better Homes & Gardens and others. The deal builds on an existing relationship between the companies with Meredith using Ooyala for its Martha Stewart Living property.
With Ooyala IQ, Meredith will be able to see video performance by device, operating system, DMA, player and specific location. Ooyala IQ also gives insight into video ad performance such as drop-out rates in various formats.
Wochit, whose technology allows publishers to quickly create short-form, shareable videos from a rights-cleared library, has reported strong 2015 momentum, along with new features. Wochit said it grew revenues 300% in 2015 while doubling the number of customers. The US grew 200% and Europe 450%, with similar growth rates expected in 2016.
Wochit is benefiting from the larger industry trend of publishers’ desire to inexpensively create engaging video that often accompanies traditional text-based stories. With users’ insatiable appetite to watch short-form video on social/mobile, Wochit-created videos give publishers the ability to greatly increase their footprint, as well as tap into video advertising.
Sky Q, which is Sky’s next-generation video service launching in 2016, will incorporate AirTies mesh technology to facilitate whole home pay-TV service on multiple devices. With AirTies mesh technology in Sky Q’s set-top boxes, routers and accessory devices, each is turned into a hot spot, so that linear, OTT and recorded video can be accessed on screens even in harder-to-reach locations in the home.
Online video platform JW Player announced a $20 million Series D round today from existing investors Greycroft Growth, Greenspring Associates, Cueball Capital and e.ventures. JW Player’s CEO and co-founder Dave Otten told me that with the new round the company has raised a total of $46 million, though approximately $11 million of the Series C round was used to buy out prior shareholders.
Topics: JW Player
Ooyala has unbundled its Ooyala IQ analytics product so that video providers can use it on a standalone basis with other video players. Traditionally, Ooyala IQ was only available with the company’ own video platform. Ooyala IQ can now be used via SDKs with JW Player, Brightcove, Kaltura, thePlatform, Flowplayer and YouTube. Tests have been conducted to date, though no implementations have yet gone live.
Fraud in video advertising is a significant problem causing billions of dollars in losses throughout the industry. To help drive a common understanding and gain consensus around what should be done, last Thursday Videology and White Ops released a valuable new white paper, “Eradicating Bot Fraud: The Path to Zero Tolerance.”
The paper explains all the different causes of video ad fraud, focusing on bots, or non-human traffic, which are considered the most pervasive type of fraud. Bots distort the market because they trigger an ad view even though no human being ever actually saw the ad. Bots are active in all types of video, from long-tail to premium. Videology and White Ops found that a higher percentage of traffic at night contains bots and that users age 65+ are 69% more likely to be hosting bots through an outdated browser.
For all the billions of dollars that are now spent on online video advertising, surprisingly little is known about viewers’ reactions and engagement with specific ads, beyond core metrics like view-throughs and click-throughs. To provide far greater insights about ads’ impact, Sticky, a biometric eye-tracking analytics company, is pioneering new approaches combining eye-tracking and facial coding. Jeff Bander, Sticky’s president, recently briefed me and shared data from campaign research it conducted with AOL.
Beachfront Media has launched RISE, a full-service OTT platform for independent video creators to deliver their apps to connected TVs and mobile devices. Beachfront’s CEO and founder Frank Sinton told me that RISE is meant primarily for popular video creators who are becoming their own brands to reach audiences seamlessly across multiple devices.
In-home WiFi networks are getting clogged up as more people turn to their connected TV and mobile devices to stream video. To solve this problem, AirTies, a 10 year-old company specializing in whole home wireless networking with significant success in Europe, has announced its entry into the North American market and its first customer Midcontinent Communications, a mid-sized pay-TV operator.
Brightcove is evolving from helping companies play their videos to helping them make money from those videos; that’s the main theme CEO David Mendels highlighted to me in a briefing yesterday. Brightcove, one of the original online video platform companies, is capitalizing on what David describes as a still highly fragmented video technology landscape that creates a lot of complexity for content providers and marketers.
thePlatform’s co-CEO Marty Roberts has left the company, GeekWire first reported yesterday. Comcast, which owns thePlatform, confirmed the move subsequently in a statement (see below). Roberts had been with thePlatform for 9 years, beginning as VP, Marketing, then as SVP, Sales and Marketing, and finally as co-CEO, with Jamie Miller. Both were appointed in May, 2014, upon prior CEO Ian Blaine’s departure.
thePlatform’s mpx system has been chosen by Parsifal Entertainment Group for backend video management and publishing for STARZ PLAY Arabia, a new SVOD service in Middle East and North Africa markets. Parsifal is a Swedish media company that STARZ tapped a year ago to assist with its international rollout.
AppNexus has revealed beta test results of its programmatic video ad buying product, saying that clients using the product found 10x to 100x improvements in audience reach, video engagement/click-through increases of 300% or more and reduction in buying costs of 50%-60%. AppNexus plans to release the video ad buying product to all its customers on September 30th.