Home Social Media Facebook Jockeys For Position In Social TV Space With SportStream Buy

Facebook Jockeys For Position In Social TV Space With SportStream Buy

SHARE:

FBSportStreamFacebook’s acquisition Tuesday of sports-centric social analytics and real-time trending platform SportStream signifies it’s not letting up in its tête-à-tête with Twitter.

“Twitter has natural advantages in the social TV space,” commented Martin Kihn, a research director at Gartner. “It’s the go-to platform for real-time event-driven conversation, facilitated by hashtags. … On the other hand, Facebook says it has five times greater social TV conversation than anyone else. It also has five times greater scale than anyone else, so it’s believable. But it’s not an open platform and still doesn’t have a real-time feel.”

Kihn noted that one month after social activity measurement company Trendrr released its findings around Facebook’s TV momentum, Twitter itself snapped up the company. Then, in September, Twitter launched Amplify, a partnership program for broadcast advertisers who want to take advantage of “second-screen” viewer habits, in which individuals surf the Internet while watching TV.

Facebook’s acquisition of SportStream, founded in 2012, “is another parry in this real-time social conversation battle,” Kihn added. “Basically, the acquisition gives Facebook a way to demonstrate its value to TV advertisers as a real-time social platform.”

That value, however, won’t come from sports teams buying ads on Facebook. Instead, Kihn said, “they’re making advertisers who use sports slots comfortable with buying a synched spot on Facebook.” SportStream, he added, can demonstrate how a viewer is watching a game and theoretically facilitate those one-two buys (or TV augmented with paid social media buys) with greater impact.

In a memo by Justin Osofsky, Facebook’s VP of media partnerships and global operations, wrote, “[T]hrough this acquisition, we expect to meaningfully improve the ability for all of our partners to access and utilize the insights from Facebook’s tools and APIs.” He added that SportStream’s team will facilitate a closer relationship with Facebook media partners and technology partners that “have integrated Keyword Insights and Public Feed APIs into their product suite.”

SportStream is itself a participant in Facebook’s Keyword Insights and Public Feed beta program. It recently extended its offering to social analytics to “pull data from social platforms and make it available to media companies,” said SportStream’s CEO Bob Morgan in a recent interview with AdExchanger.

“We’re using all the structured data we have [in the SportsBase platform like trending teams, coaches, topics among sports writers and players] and we’re making queries through Facebook’s new real-time APIs that allow you to query mentions and look for aggregate mentions across Facebook’s usership at any given time,” he said.

Although that trending information is not applied to ad placements, Morgan said SportStream knows event airtime and the peaks certain sports-related topics experience at different times. “That sort of intelligence will be really valuable moving forward,” he said.

Must Read

How AudienceMix Is Mixing Up The Data Sales Business

AudienceMix, a new curation startup, aims to make it more cost effective to mix and match different audience segments using only the data brands need to execute their campaigns.

Broadsign Acquires Place Exchange As The DOOH Category Hits Its Stride

On Tuesday, digital out-of-home (DOOH) ad tech startup Place Exchange was acquired by Broadsign, another out-of-home SSP.

Meta’s Ad Platform Is Going Haywire In Time For The Holidays (Again)

For the uninitiated, “Glitchmas” is our name for what’s become an annual tradition when, from between roughly late October through November, Meta’s ad platform just seems to go bonkers.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Monopoly Man looks on at the DOJ vs. Google ad tech antitrust trial (comic).

Closing Arguments Are Done In The US v. Google Ad Tech Case

The publisher-focused DOJ v. Google ad tech antitrust trial is finished. A judge will now decide the fate of Google’s sell-side ad tech business.

Wall Street Wants To Know What The Programmatic Drama Is About

Competitive tensions and ad tech drama have flared all year. And this drama has rippled out into the investor circle, as evident from a slew of recent ad tech company earnings reports.

Comic: Always Be Paddling

Omnicom Allegedly Pivoted A Chunk Of Its Q3 Spend From The Trade Desk To Amazon

Two sources at ad tech platforms that observe programmatic bidding patterns said they’ve seen Omnicom agencies shifting spend from The Trade Desk to Amazon DSP in Q3. The Trade Desk denies any such shift.