LONDON & SAN FRANCISCO–(BUSINESS WIRE)–RhythmOne plc (LSE AIM: RTHM), a global advertising technology company, today announced that it will offer United States-based clients guaranteed1 in-demo delivery of advanced TV campaigns.2 This unique offering provides clients with campaign-level audience measurement while accessing RhythmOne’s premium network of app publishers within its advanced TV marketplace, including connected TV, TV everywhere, and interactive TV. The RhythmOne Advanced TV Audience Guarantee solution analyzes and optimizes campaign exposure data against comScore cross-platform measurement, which provides insight into campaign reach across TV, over-the-top (OTT), desktop, and mobile platforms for a complete view of campaign delivery.
“The future of TV advertising in today’s digital world is connected,” said Todd Johnson, Vice President of Emerging Technology, RhythmOne. “Advanced TV is now an integral component of linear TV and digital ad campaigns to maximize reach and boost campaign performance. While person-level measurement has historically been a challenge for the TV industry, we’re proud to introduce a solution that addresses this critical issue. Our Advanced TV Audience Guarantee assures marketers that they are only paying for the impressions that reach their desired targets.”
According to comScore’s most recent “State of OTT” report,3 the OTT market is steadily growing, with 8.8 million more OTT viewing households coming online over the past year – an increase of 17% year-over-year (YOY). Time spent streaming is also up 28% YOY, with households averaging 54 hours per month of streaming.
This increase in OTT households and streaming has likely fueled the growth of advanced TV advertising and digital video monetization overall. According to eMarketer’s latest projections, US digital video ad spending will climb to $29.6 billion by 2022 – an increase of 65% compared to 2018’s spending projection ($17.9 billion).
“As a leader in the measurement space, comScore has proudly developed a new model to accommodate the complexities of cross-platform advertising – especially for high-growth media like OTT advertising,” said Felix Hansen, Vice President of Product at comScore. “We are pleased to serve as the source of truth for cross-platform campaigns – and work with companies like RhythmOne – to help marketers more effectively measure their total audience and maximize their campaign efforts.”
The RhythmOne Advanced TV Audience Guarantee offers marketers and media buyers the following benefits:
For more information on the RhythmOne Advanced TV Audience Guarantee, email our Advanced TV team at AdvancedTV@rhythmone.com.
RhythmOne acquired advanced TV and digital video pioneer YuMe earlier this year. This new offering adds to RhythmOne’s robust set of advanced TV measurement solutions, including Nielsen Audience Composition, Placed In-Store Attribution, comScore Tune-In, and Nielsen Catalina Closed Loop ROI Measurement.
1RhythmOne guarantees delivery as measured against comScore’s cross-platform measurement, optimizing impression delivery on a weekly basis in order to fulfill purchased impressions before the end of campaign flight. To fulfill guarantees, RhythmOne will apply [Delivered Audience Impression composition %] x [RhythmOne count OR CTV certified ad server impression count] to determine billable in-demo impression count. While we do not anticipate that a guarantee will not be met, should final billable in-demo impression count calculation demonstrate that we have not met the guaranteed in-demo impression count during the pre-determined campaign flight period, RhythmOne will not bill for the under-delivered impressions.
2Subject to certain terms and conditions
3Source: comScore OTT Intelligence, US April 2018
RhythmOne drives engagement between advertisers and targeted audiences – resulting in real, measurable business outcomes. We offer fully-integrated, cross-screen solutions that span desktop, mobile, and connected TV (“CTV”) across high-impact video, rich media, display, social, and native advertising formats – helping advertisers reach high-propensity audiences wherever and however they consume content. The connections we make are further enhanced through unique audience data and powered by our unified programmatic platform, RhythmMax. RhythmMax includes, RhythmGuard, a verification technology which ensures quality audiences in brand safe environments. This end-to-end platform – coupled with the world-class service of our account teams – is designed to provide more direct, efficient, and effective connections, driving ROI for advertisers and publishers. Founded in 2004 in the UK, RhythmOne is headquartered in San Francisco with offices in the US, UK, Europe, APAC, and Canada. For more information, please visit www.rhythmone.com.
This press release contains forward-looking statements, including those in management quotations. In some cases, you can identify forward-looking statements by the words “may,” “will,” “expect,” “intend,” “plan,” “objective,” “anticipate,” “believe,” “estimate,” “predict,” “project,” “potential,” “continue” and “ongoing,” or the negative of these terms, or other comparable terminology intended to identify statements about the future. All statements other than statements of historical fact are statements that could be forward-looking statements, including, but not limited to, statements regarding the adoption of advanced TV and the benefits of measurement and this in-demo offering. These forward-looking statements are subject to risks and uncertainties, assumptions and other factors that could cause actual results and the timing of events to differ materially from future results that are expressed or implied in the forward-looking statements. Factors that could cause or contribute to such differences include the dynamic and rapidly evolving sector, as well as the highly competitive industry that RhythmOne operates in, which make it difficult to evaluate prospects. These and other risk factors are discussed in RhythmOne’s Annual Report for the period ended March 31, 2018. The forward-looking statements in this press release are based on information available to RhythmOne as of the date hereof, and we assume no obligation to update any forward-looking statements.
Source: Business Wire Entertainment News