Home Ad Exchange News Tubi Surpasses 20M Monthly Viewers; Inside Samsung’s AI Strategy

Tubi Surpasses 20M Monthly Viewers; Inside Samsung’s AI Strategy

SHARE:

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

Over The Top

Ad-supported streaming TV service Tubi surpassed 20 million monthly users and 94 million hours of content in May, the company said Monday. Tubi’s fortunes are important because advertisers and investors are relying on ad-enabled VOD startups to challenge the position of gigantic subscription players, namely Netflix and Amazon. Other key players in ad-supported OTT include Roku’s programmatic platform, Hulu’s tiered approach and Tubi direct competitor Pluto TV, which Viacom acquired earlier this year. Tubi’s strides demonstrate “the vitality of AVOD in an environment fatigued by the amount of subscription video options,” CEO Farhad Massoudi said in a press release.

Need Some Help?

Samsung has put serious time and money into its personal assistant tech, dubbed Bixby, since it acquired the AI startup Viv for more than $200 million in 2016. Samsung hosts a Bixby developer conference and has the AI service built into Samsung’s popular smart home appliances and new Galaxy and Note smartphones. But despite the resources and distribution, can Samsung crack into a category where the mindshare and market share is utterly dominated by the triumvirate of Apple, Google and Amazon? A Q&A with Adam Cheyer, Samsung Mobile’s VP of R&D, sheds some light on the company’s plan to gain ground on the current AI cool kids and turn Bixby into a reliable revenue stream. More at VentureBeat.

Be The Brand

Direct-to-consumer companies are known for their performance marketing chops. But they also need to invest in their brands. “A low hanging fruit way to get started: reserve 30-40% of retargeting media spend towards brand marketing,” tweeted Reza Khadjavi, co-founder and CEO of the retargeting ad tech startup Shoelace. Check out the full thread. Maybe a percent or two of new site visitors in a given month will convert after checking out a product, he said, and many that don’t haven’t given up the brand; they may be waiting on a pay raise or the right reason to purchase. Following up on missed opportunities with aspirational messaging normally considered top-of-the-funnel creative could pay dividends. As could retargeting purchasers with validating messages to avoid returns or buyer’s remorse. “Most of these campaigns will in fact be ROAS positive. Just don’t be bummed if they hover around 1.5X while your conversion focused retargeting hits 5-6X.”

But Wait, There’s More

Must Read

Advertible Makes Its Case To SSPs For Running Native Channel Extensions

Companies like TripleLift that created the programmatic native category are now in their awkward tween years. Cue Advertible, a “native-as-a-service” programmatic vendor, as put by co-founder and CEO Tom Anderson.

Mozilla acquires Anonym

Mozilla Acquires Anonym, A Privacy Tech Startup Founded By Two Top Former Meta Execs

Two years after leaving Meta to launch their own privacy-focused ad measurement startup in 2022, Graham Mudd and Brad Smallwood have sold their company to Mozilla.

Nope, We Haven’t Hit Peak Retail Media Yet

The move from in-store to digital shopper marketing continues, as United Airlines, Costco, PayPal, Chase and Expedia make new retail media plays. Plus: what the DSP Madhive saw in advertising sales software company Frequence.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Ad-ception

The New York Times And Instacart Integrate For Shoppable Recipes

The New York Times and Instacart are partnering for shoppable recipe videos.

Experian Enters The Third-Party Data Onboarding Business

Experian entered the third-party data onboarder market on Tuesday with a new product based on its Tapad acquisition.

Albertsons Takes Its First Steps Into Non-Endemic Advertising, Retail Media’s Next Frontier

Albertsons is taking that first step into non-endemic advertising next week via a partnership with Rokt to serve ads to people who have already purchased groceries.