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»Digital TV and Video

Freewheel and Beeswax
FreeWheel Buys Beeswax

The DSP Beeswax, founded in 2014 by ad tech gadfly Ari Paparo, is off the market. Comcast’s video ad tech company FreeWheel said Thursday it will acquire the “bidder-as-a-service” for undisclosed terms. Over the last couple of years, FreeWheel has increased its buy-side capabilities, building out a more advanced exchange, hosting upfronts and integrating with... Continue reading »
by Ryan Joe // December 17th, 2020 //
»
NBCU Strengthens Partnership With FreeWheel To Power A Linear And Digital Convergence

As consumers increasingly use their living room TVs to watch streaming content via CTV and apps, NBCUniversal has pushed the needle forward with video ad server FreeWheel in what it described as a “landmark” move that will transform the way that NBCU clients buy linear TV advertising from the company. The company said Wednesday that... Continue reading »
by Anthony Rifilato // December 2nd, 2020 //
»
Advertising Drives Roku’s Record Q3 Revenue Growth

Video streaming giant Roku’s revenue soared 73% YOY to $452 million in Q3. Roku’s Platform business – which includes advertising and content distribution revenue – saw its strongest quarter in the segment’s history, with revenue leaping 78% YOY to $319 million. Roku attributed the record Platform numbers to strong growth in advertising as brands embraced... Continue reading »
by Anthony Rifilato // November 6th, 2020 //
»
The Trade Desk Surges In Q3 – Here’s Why Everyone Is Flipping Out

Holy stock market obliteration, Batman! The Trade Desk continued its meteoric trajectory, when it reported Q3 revenue of $216 million on Thursday, a 32% YoY increase, and a 45% leap from the previous quarter. Its stock price Friday morning was more than 25% and still on an upward trajectory, and it has a market cap... Continue reading »
by Ryan Joe // November 6th, 2020 //
»
Pandemic Takes A 27% Bite Out Of ViacomCBS’ Q2 Ad Revenue

ViacomCBS’ advertising business fell 27% to $1.9 billion in the second quarter, as marketers pulled back during the coronavirus pandemic and golf programming was postponed. “We believe Q2 was the bottom [for advertising],” President and CEO Bob Bakish said. After bottoming in April, each month in the quarter showed sequential improvement. The scatter market held... Continue reading »
by Sarah Sluis // August 6th, 2020 //
»
Disney’s Streaming Services Reach 100 Million Paid Subscribers As Its Ads Business, Live Experiences Struggle

Disney’s Q3 revenue plummeted 42% to $11.8 billion, as the coronavirus pandemic wreaked havoc across its lines of business. Promising increases in its paid streaming subscriptions were far outweighed by the closure (and gradual reopening) of its parks (85% decrease) and movie theaters (65% decrease). Disney lost $3 billion in revenue directly due to the... Continue reading »
by Sarah Sluis // August 4th, 2020 //
»
Vizio Ads Expands Into Cross-Screen Video Retargeting

As streaming TV takes off, Vizio Ads is scaling up its offering to include video retargeting. Advertisers on Vizio TV’s native apps can retarget that same household with a video ad on a different device. The goal is to help advertisers sequence their messaging or optimize frequency, said Travis Hockersmith, VP of platform services at... Continue reading »
by Sarah Sluis // July 31st, 2020 //
»
Peacock
NBCU Sees Advertisers Returning, Will Restructure For Streaming

When we last checked in with Comcast in April, the company was warning investors that its Q2 revenue hit would probably be even worse than in the first quarter. While that prediction has borne out, Comcast chief Brian Roberts is optimistic about the cable giant’s ability to roll with the punches as theme parks in... Continue reading »
by Ryan Joe // July 30th, 2020 //
»
OpenAP Expands Into Attribution With iSpot Partnership

OpenAP is enabling attribution within its advanced TV marketplace via an iSpot partnership. OpenAP is a consortium of TV networks – AMC Networks, Fox, NBCUniversal, ViacomCBS, The Weather Channel and Univision – that allow advertisers to buy standardized audiences across all of them. Now, buyers purchasing inventory in the OpenAP Market can do a single,... Continue reading »
by Sarah Sluis // July 28th, 2020 //
»
SpotX Invests In SpringServe, As TV Consolidates Supply-Side Tech

The video advertising platform SpotX has invested in supply-side ad server SpringServe, the companies said Monday. Terms of the deal were not disclosed. Though the deal is not an outright acquisition, SpotX and SpringServe will collaborate on new features that shared customers can use, said SpotX COO Sean Buckley. SpringServe and SpotX are both supply-side... Continue reading »
by James Hercher // July 20th, 2020 //
»
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