Connected TV Advertising Summit - VIRTUAL EVENT - leaderboard 7-7-20

Analysis for 'IAB'

  • VideoNuze Podcast #520: Debriefing the NewFronts

    I’m pleased to present the 520th edition of the VideoNuze podcast, with my weekly partner Colin Dixon of nScreenMedia. With the pandemic currently surging in multiple states, we hope all of our listeners are staying safe and healthy.

    This week was the IAB NewFronts and I watched some or all of about a dozen of the presentations which are directed toward ad buyers. As usual, I was impressed with how well the presenting companies told their stories, through remarks by executives, talent, creators, partners and others. Presenters highlighted compelling usage data, ad formats and effectiveness, often juxtaposed against traditional TV.

    On this week’s podcast we discuss key takeaways and common themes. The migration from linear TV to OTT video was already well underway, but the pandemic has accelerated the shift, making NewFronts presentations even more important, especially for advertisers trying to reach cord-cutters and cord-nevers.

    Listen in to learn more!

     
    Click here to listen to the podcast (24 minutes, 32 seconds)



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  • Survey: Over Half of Ad Buyers Shifting Spending from Broadcast and Cable TV to Connected TV

    In conjunction with this week’s NewFronts, IAB has released new survey results, again demonstrating the power of connected TV (CTV). According to the survey, conducted by Advertiser Perceptions, for ad buyers planning increased spending on CTV in 2020, in a multiple response question format, 53% said those additional funds would come from a shift from broadcast TV and 52% from cable TV (53% also said funds would come from an overall expansion of budgets).

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  • VideoNuze Podcast #519: Market Momentum Ahead of IAB’s NewFronts

    I’m pleased to present the 519th edition of the VideoNuze podcast, with my weekly partner Colin Dixon of nScreenMedia. We hope all of our listeners are staying safe and healthy.

    The IAB NewFronts are next week and over two dozen different companies will be presenting. There is a ton of market momentum going into the NewFronts, with the pandemic having shifted viewership to both SVOD and AVOD services. Advertisers are taking note and per a new IAB survey, 59% of ad buyers are planning to increase connected TV ad spending in the second half of 2020, by 25% or more.

    Colin and I discuss this and other recent data supporting why OTT and CTV advertising are poised to benefit going forward.

    Listen in to learn more!

     
    Click here to listen to the podcast (22 minutes, 36 seconds)



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  • IAB: 59% of Ad Buyers Plan to Spend More on Connected TV in Second Half of 2020

    Heading into the NewFronts next week, the IAB has released its third survey of ad buyers since the pandemic began, finding, among other things, that 59% of respondents plan to spend more on Connected TV and OTT in the second half of 2020. Another 22% said they aren’t planning any change and 18% said they plan to decrease spending.

    Ad buyers were more bullish on CTV/OTT than any other digital channel though 56% said they plan to spend more on digital video that isn’t on CTV, with 25% saying no change and 19% saying they’ll decrease spending.

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  • IAB: CTV to Benefit from Virus Ad Spending Shifts; Upfronts Could be Down by $4 Billion

    The IAB released new research on Friday afternoon indicating connected TV (CTV) and over-the-top (OTT) video are likely to benefit from ad spending shifts caused by the coronavirus. In a survey of approximately 400 agency and brand decision-makers, 35% of respondents said they anticipate increasing their use of OTT/CTV device targeting, second only to audience targeting (38%), with mobile/tablet (34%) in third place.

    Supporting the IAB research, last Friday Beachfront said it has seen a 105% increase in average daily CTV ad requests in March vs. February. Founder Frank Sinton noted that typically only big sports events drive these kinds of bumps in usage. There have been many other reports of surging CTV/OTT usage since stay-at-home guidelines have been implemented.

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  • Comprehensive New Connected TV Guide Published By IAB UK

    Just before the Thanksgiving break IAB UK published an excellent guide to connected TVs (CTVs) and advertising in the UK market, called “Changing the Channel.” Though the guide is specifically targeted to the UK, many of its findings and recommendations are generalizable to other global markets.

    Highlighting how omnipresent CTVs have become, the guide cites data from OfCom that 47% of UK homes now have a CTV, with the vast majority having access to broadcast VOD or SVOD services. No surprise 16-34 year olds have the highest likelihood of access and usage of these VOD services. The guide also notes research IAB UK conducted with Differentology to better understand CTV usage and attitudes, plus how advertisers can best capitalize on new opportunities.

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  • Agency Executives Interview and Cross-Platform Session [VIDEOS]

    The final two sessions of the May 29th Video Advertising Summit included an interview with two agency executives discussing the convergence of digital and TV, and then a panel on best practices for monetizing the cross-platform experience.

    Below is the agency session, which includes Jeremy Crandall (SVP, Advanced Video Solutions, Publicis Media) and Christine Peterson (Managing Director, Digital Investment Lead U.S., Mindshare), with Matt Prohaska (CEO and Principal, Prohaska Consulting) interviewing.


    Below is the best practices for monetizing the cross-platform experience session, which includes Jennifer Cohen (SVP, Entertainment Content Partnerships, Ignite, WarnerMedia Ad Sales), Luis de la Parra (SVP, Partner Solutions, Univision), Gila Wilensky (SVP, Media Activation, North America, Essence) with Eric John (Deputy Director, Video, IAB), moderating.

     

     
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  • Viacom’s EVP Gordon: TV Advertising Needs to Overcome “Activation Gap” vs. Digital

    Viacom’s EVP, Data Strategy Bryson Gordon said the TV industry must overcome an “activation gap” relative to big digital players, which prevents advertisers from easily planning and executing campaigns targeted to specific audiences. Gordon said this is the key challenge the TV industry’s OpenAP initiative is seeking to overcome. Gordon made the comments in an interview at the IAB Video Symposium in NYC yesterday, which I attended (and where I also moderated a session on skinny bundles and the future of TV).

    Gordon illustrated the issue with a hypothetical example of a product marketing executive at an auto company preparing to launch a new crossover vehicle. In the example, the executive would have dedicated tons of time to researching and identifying highly specific segments of prospective buyers who would value the features of the new vehicle. But Gordon noted that when the time came for the executive to approach TV networks with the campaign’s targeting goals, the best the networks could offer up was a generic “We can give you 25-54 year-olds.”

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  • Server Side Ad Insertion’s Role with Programmatic Video [SHIFT Video]

    One of the highlights of last week’s SHIFT // Programmatic Video & TV Ad Summit was a joint presentation from Brightcove (Mike Green, VP, Marketing and Business Development, Media), SpotX (Kevin Schaum, Sr. Director, Mobile and Connected TV) and the IAB Tech Lab (Amit Shetty,  Sr. Director, Video & Audio Products) on how server side ad insertion (SSAI) adds value to programmatic for both linear and on-demand advertising.

    For those not familiar with SSAI (also known as “ad stitching”), this is a process for inserting ads into a piece of content (frequently long-form). There are multiple benefits of SSAI including better user experiences, reduced buffering, extended device reach, elimination of ad blocking and lower cost of deployment. Mike, Kevin and Amit elaborated on how these benefits are even more valuable for programmatic, especially in live and in skinny bundles, while also noting some of the key outstanding challenges.

    The presentation clearly communicated how the industry needs to work together to evolve video advertising given new viewer behaviors, device proliferation and publishers’ pressures to fully monetize.

    With the video now!

    Watch the session video

     
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  • Putting Trust First in Online Video Advertising [AD SUMMIT VIDEO]

    Even as online video advertising booms, questions of trust continue to loom large in the industry. Whether it’s brand safety, misreported and unaudited metrics, viewability or fraud, the industry as a whole is grappling with how to instill a greater sense of trust among all parties.

    At our recent Online Video Ad Summit we had a really thoughtful session, “Putting Trust First in Online Video Advertising” in which panelists explored all of the above issues, starting with the most fundamental question, “How do we define brand safety?” It was a really illuminating discussion of all the cross-currents in play and the difficulty of resolving them cohesively, given a multitude of priorities.

    The session included Natalie Gabathuler-Scully (VP, Revenue Operations, Vevo), Jonathan Katz (VP of Demand Platforms, Trusted Media Brands), Steve Rubel (Chief Content Strategist, Edelman) and Ben Versh (Director, Media Team, Pfizer), with Eric John (Deputy Director, Video, IAB) moderating.

    Watch the video (36 minutes, 41 seconds).

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  • IAB: Ad Spending on Original Online Video Up 114% in Past 2 Years

    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.

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  • Perspective What's this? The Video Landscape is a Changin'

    With the escalating importance of video advertising, we’ve been carefully examining the overall video landscape and its evolution. In my conversations and early analysis, I’ve seen that at least 50% of all video inventory on the market today is served in-banner. These ads, also called display video ads, are served independently of a video player, almost exclusively without video content to follow. In other words, a pre-roll without the “roll”. No doubt you’ve seen in-banner video ads on many of your favorite sites; they come in many shapes and sizes, but they run with limited incentive for users to watch to completion.

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  • VideoNuze Podcast #277: How Mobile Video's Surge is Impacting the Whole Ecosystem

    I'm pleased to present the 277th edition of the VideoNuze podcast with my weekly partner Colin Dixon of nScreenMedia.

    On today's podcast we dig into the incredible growth in mobile video consumption and how it is impacting content creators and advertisers. Earlier this week I wrote about how Facebook's auto-play and audio-off video, which is mainly consumed on mobile, is influencing the creative process. Colin weighs in with new IAB data showing how pervasive mobile video viewing has become, including how many people are now watching 2 screens simultaneously.

    Stepping back, we're in agreement that mobile is really a game-changer for everyone in the ecosystem. The advent of larger screen smartphones in particular has fundamentally changed how these devices are used, making video much more important. Neither of us sees this trend slowing any time soon.

    Click here to listen to the podcast (20 minutes, 5 seconds)

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  • VideoNuze Podcast #275: Recent Data Highlights Major Changes in Video Industry

    I'm pleased to present the 275th edition of the VideoNuze podcast with my weekly partner Colin Dixon of nScreenMedia.

    We all know the video industry is undergoing unprecedented changes. To make things more tangible, in this week's podcast, we discuss recently released data that we believe illustrates well how different the industry and viewers' behaviors are today vs. just a few years ago.

    In particular, we highlight connected TV adoption data from Leichtman Research Group, long-form/live viewing data from FreeWheel, shifting media consumption data from GfK/IAB, and video delivery forecasts from Cisco.

    The overarching takeaway is that in the past 5 years, online video has evolved from a short-form, lower-quality, desktop-based experience to a long-form, TV-level experience that's now mainstream in the living room. As this trend gains further momentum, there are huge implications for TV networks, pay-TV operators and advertisers.

    Listen in to learn more!



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  • Perspective What's this? It Takes More than Viewability Standards to Get Views

    Video viewability is broken - but not for the reasons you think. The way the industry measures viewability does not reflect actual human behavior, and it fails to meet advertisers' real need, which is making sure people actually see their ads. While ad-tech and viewability vendors, publishers, and agencies negotiate what should be considered "viewable" (pixels and time spent on-screen, etc.), actual people are moving on to mobile devices.

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  • IAB to Present Viewability Session at June 25th Video Ad Summit

    The Interactive Advertising Bureau (IAB) will be presenting the final session of the June 25th VideoNuze Online Video Advertising Summit in NYC. The session title is "Viewability: Addressing the Elephant in the Room."

    As the title implies, if there is one major hiccup in the rapid growth of online video advertising, it's that a significant percentage of online video ads are either not immediately viewable by audiences, are fraudulent or are both. Over the past year, the topic has gained a lot of attention, creating a widening credibility gap for the industry.

    However, a ton of work has been done to remedy this and in this session, you can expect a deep-dive discussion of specific initiatives, 3MS, the roles of all players in the ecosystem and what comes next. The timing is perfect since the "gating period" for the new video viewability standard will lift on June 30th.

    We're very fortunate to have as panelists David Gunzerath, SVP and Associate Director of the Media Rating Council, which has been a leader in solving the viewability challenge, Tal Chalozin, CTO and co-founder of Innovid, one of the first 5 companies to participate in OpenVideoView ("OpenVV"), created to open source video viewability measurement, and Julian Zilberbrand, EVP at Zenith Optimedia, who has been deeply involved in moving viewability forward. We'll likely have one more panelist, and Matt Prohaska from Prohaska Consulting will be the session moderator.

    The IAB has had a leadership role on this critical industry issue, and worked closely with other leading industry organizations. I'm thrilled they've chosen to collaborate and present this timely session at the Video Ad Summit, adding to a jam-packed program covering the hottest industry topics. IAB members receive a $100 savings on registration using the Media Partner ticket type and code IAB14.

    Learn more and register now!

     
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  • Here's a Surprise: OTT and Pay-TV Could Wind Up As Best Friends

    The traditional narrative around online/over-the-top video is that it will incent cord-cutting and cord-nevering. But now, in a twist, instead of a looming battle between OTT and pay-TV, it could well be that we're on the brink of a new era of cooperation between the two, which could have profound implications for everyone in the video ecosystem.

    Stepping back for a moment, pay-TV operators have always been in the business of improving the delivery of available video and packaging it into bundles. Initially operators distributed broadcast channels and then in the 70's and 80's, with the advent of satellite delivery, operators began bundling "cable" channels as well (e.g. ESPN, MTV, CNN, USA, etc.).

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  • IAB: Viewers' Interest in Online Originals Now Exceeds TV News, Sports and Daytime Programming

    In a significant sign of how quickly the market has evolved, the IAB released new research with GfK showing that regular monthly online video viewers prefer online originals to TV news, sports and daytime programming. In addition, online originals are enjoyed almost as much as primetime TV programming. The chart below shows the data - it is a little difficult to understand, but the conclusions are clearly articulated.

    The data was presented at the IAB's NewFronts Insights lunch yesterday, which I attended. The lunch included 5 research presentations from BrightLine, Tremor Video, Unruly, Visible Measure and YuMe.

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  • IAB: Advertisers' Interest In TV and Video Is Now At Parity

    As the Digital Content NewFronts gear up this week, IAB has released a study of agency and brand buyers, which, among other things, finds that interest in TV and online video advertising is now basically at parity. When asked how they would allocate their ad spending for their most important product/service, respondents' preference was 51% for TV and 49% for video. As shown in the below chart that compares with 58%-42% in 2012.

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  • Online Video Ad Revenue Up 30% in 1st Half 2013, Trailing Only Mobile's Growth Rate

    The IAB has released its Internet advertising report (based on an industry survey conducted by PwC) for the first months of 2013, revealing a 17.8% increase in total online advertising to $20.7 billion in 1st half 2013. Online video's share was $1.3 billion, up 30% from the $1B it totaled in 1st half 2012.

    The 30% growth was the highest of all categories of online advertising except mobile, which grew to $3 billion in 1st half 2013, up a blistering 145% from the 1st half of '12 and almost 4x from the $636 million it generated in 1st half of '11.

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