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Display Ad Growth; Phone Booth Beacons

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moneytreeHere’s today’s AdExchanger.com news round-up… Want it by email? Sign-up here.

Display Media 2019

Forrester says US display advertising will grow from $19.8 billion this year to $37.6 billion in 2019. The report, authored by analyst Samantha Merlivat, also project that video advertising will account for 55% of all online display ad revenue in five years, and exchange-based programmatic will drive nearly 40% of total spend on desktop display. But Forrester cautions, “Ad fraud and viewability loom large. Marketers will increasingly turn to programmatic direct and private marketplaces to have more control over the placement of high-value display inventory. This will be particularly true for video.” Read more.

Physical Pixels

DOOH media company Titan installed roughly 500 tracking beacons in Manhattan phone booths last year, BuzzFeed reveals. The beacons are manufactured by location-based targeting company Gimbal, and use Bluetooth connections to track the movements of people around the city. “In its current iteration, a Gimbal beacon requires a third-party app to trigger advertisements, and requires those apps to receive ‘opt-in’ permission from users in order to collect data and send notifications.” Shortly after publishing its report, BuzzFeed says the city asked for the beacons’ removal. More.

Budget Migration

Speaking to The Wall Street Journal, the CEO of Omnicom Group’s media operations, Daryl Simm, advised marketers to move 10 to 25% of TV ad spend to online video. “I do think we have hit the apex and we are moving into an environment where there is more talent – actors, directors, producers and brands – wanting to enter the online video space,” Simm said. “That holds a lot of promise for online video.” However! “The amount of quality online video is still an issue,” and “The desire for more measurement and accountability is getting higher and higher.” Read it.

Pinning Content

Pinterest has made a new foray into curated content with the help of about 10 media partners including eHow and Funny or Die. The content-driven product is called Pin Picks, as a Pinterest blog post explains. “Today kicks off a whole month of Handmade Halloween on Pinterest, so stay tuned for fresh costume inspiration each week of October on Pin Picks.” Fresh ad canvas!

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Must Read

Lionsgate Enters The Ads Biz With An Exclusive Ad Server

The film and TV studio Lionsgate has chosen Comcast’s FreeWheel as its exclusive ad server to help manage and sell the growing volume of ad inventory Lionsgate creates with new FAST channels.

Layoffs

The Trade Desk Lays Off Staff One Year After Its Last Major Reorg

The Trade Desk is cutting its workforce. A company spokesperson confirmed the news with AdExchanger. The layoffs affect less than 1% of the company.

A Co-Founder Of DraftKings Wants To Help Creators Monetize Content

One of the DraftKings founders now leads HardScope, parent of FaZe Clan, aiming to bring FaZe’s content and distribution magic to creators beyond gaming.

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APIs Have Had Their Moment, But MCPs Reign Supreme In The Agentic Era

On Tuesday, Infillion launched fully agentic media execution platform built on MCP, marking a shift from the programmatic to the agentic era.

Albertsons Launches New Off-Site Click-to-Cart Tech

The grocery chain Albertson’s is trying to reduce the time and number of clicks it takes to add an item to an online shopping cart. It’s new click-to-cart product should help.

Pinterest Acquires CTV Startup TvScientific (Didn’t CTV That Coming)

Looks like Pinterest has its eyes – or its pins, rather – fixed on connected TV.