Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here.
Spotify updated its free, ad-supported app on Tuesday with personalized playlists and other features. The changes elevate the user experience to within spitting distance of its paid tier. So why would anyone buy a subscription? “The better our free experience is, the more likely our free users will become Spotify premium users,” said Gustaf Söderström, chief research and development officer, at an event in New York City. There are no changes for brands, but a better user experience is good for advertisers, Brian Benedik, Spotify’s global head of sales, told AdExchanger. “If we see the engagement rates of these users start to accelerate, that’s what brands are looking for,” he said. Scale is important, “but engagement, I’d argue, is more important.” TechCrunch has more.
In related GDPR news, AppNexus publisher clients Axel Springer and Schibsted Media are among the first to adopt the regulation’s consent framework developed by IAB Europe and The IAB Tech Lab. “We believe a standardized industry framework is necessary to not only meet transparency and user choice requirements, but also to maintain a high-quality user experience for our audiences,” says Moritz Holzgraefe, Axel Springer COO for corporate development platforms, in the blog post. The IAB GDPR consent framework was published last month [AdExchanger coverage], and it faces barriers to adoption as media companies sort out whether they will permit first-party consent to be transmitted to programmatic vendors – and the potential revenue impacts if major buy-side platforms aren’t able to place data-driven bids on inventory.
The Nielsen Index
In advance of the upfronts, Nielsen is pitching advertisers and publishers on a new TV forecasting tool and audience API. The tool will help networks evaluate which programs and day parts in their portfolios (or their competitors’) index are highest for any given audience, Kelly Abcarian, SVP of product leadership for Nielsen, said at the measurement firm’s annual upfronts press event. Advertisers can use it to improve audience discovery across networks and reduce waste. Nielsen’s new forecasting comes baked with 80-plus so-called advanced audience segments, with Nielsen Catalina purchase segments to come soon.
Google’s Podcast Dreams
Google is launching a podcast product and plans to double its listener base, writes Steve Pratt, co-founder of the podcast production company Pacific Content, in a Medium post. The product will link to podcasts from Google searches and provide a “home base” where users can access and subscribe to content. The ingredients are there for a dedicated Android podcast app – with an assist from Google’s search engine. “Since our first launch, we’ve seen a surprising number of people return through search day in and day out,” says Zack Reneau-Wedeen, Google podcasts product manager. Read the post. The news comes on the heels of Apple acquiring Texture, a subscription media bundling service. AdExchanger has more on that.
But Wait, There’s More!
- Looming Privacy Regulations May Strengthen Google And Facebook - NYT
- Researcher In Cambridge Analytica Scandal Says Work Contributed Little - Reuters
- Reddit To Beef Up Brand Partnership Team To Woo Advertisers - Digiday
- Dentsu’s Seiler: Agency-Advertiser Model In Transition - Beet.TV
- CMO Council, ViralGains State Of Digital Video Advertising Report - release
- Watches, Not Phones, Fuel Verizon’s Subscriber Gains - Bloomberg
- Viacom Agrees To Deliver A New Slate Of Snapchat Shows - Ad Age
- Fraudlogix And PubNative Mobile Ad Fraud Partnership - release
- MetaX Blockchain Ad Tech Startup Releases adChain Registry - Medium
- Nestlé Continues Agency Consolidation With New Review Round - Adweek