There are a lot of questions swirling these days about how ad spending is going to be reallocated given the virus's interruption of live sports. I'll be publishing a series of short interviews with industry thought-leaders sharing their current experiences and what changes they're seeing due to the virus. The first interview is with Jeremy Steinberg, Global Head of Ecosystem, MediaMath, which is an adtech company serving brands and their partners (also known as a demand side platform).
VideoNuze: What are you seeing so far from clients in terms of shifting spending from live content (e.g. sports, etc.) that have been cancelled to AVOD?
Jeremy Steinberg: Brands and agencies are obviously rethinking their marketing strategies. Because we are seeing a significant uptick in OTT viewership as daily consumer behavior is shifting with more individuals staying at home and we have recommended to our clients that they should re-invest their media budgets into home-based channels most specifically CTV. We are seeing budgets pulled from live sports and many other channels including experiential. Quality of the content has never been more critical, as clients across all industry verticals demand the purity of the connections between brands and consumers. They are focused on reaching real people on real devices, as we see consumers purchasing more goods and services and streaming more content at home.
Ad tech provider MediaMath is forging strongly into programmatic video and connected TV, by among other things joining the board of the IAB Digital Video Center of Excellence, and seeking to help drive transparency and industry standards.
Mike Fisher, MediaMath’s Head of Video and Advanced TV said, “We couldn’t be more delighted to have a voice in the important conversation around the challenges that come with automated TV inventory, and the opportunity to shape best practices for transacting in the programmatic TV space.”
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.