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»magna

Magna: OTT Will Reach $2 Billion In 2018

Advertisers are moving over the top. Over-the-top TV (OTT) ad spend will grow 40% to reach $2 billion this year, according to Magna’s US Ad Spend Forecast Fall 2018, released Thursday. And addressable TV campaigns will reach $800 million in 2018. The uptick in OTT investment is driven by consumer adoption of smart TVs and... Continue reading »
by Alison Weissbrot // September 20th, 2018 //
»
NBCU Develops A Unified Ad Metric To Level The Playing Field Between TV And Digital Impressions

NBCUniversal is about to do something TV companies have talked about for years: transact TV in a similar way as digital – on impressions. NBCU revealed Thursday that it would begin to measure live, on-demand and time-shifted TV ad buys using a common impression-based metric called CFlight. CFlight will be part of NBCU’s upfront pitch and... Continue reading »
by Kelly Liyakasa // April 5th, 2018 //
»
Zenith: More Money Goes To Ad Tech Than To Actual Media

Ad tech companies grew roughly five times faster than the digital advertising market from 2010 to 2016, according to an ad spend forecast released by Zenith on Monday. The forecast tracked the revenues of 14 publicly traded ad tech companies including Adobe Marketing Cloud, Criteo, The Trade Desk, Rubicon Project, Rocket Fuel (taken private under... Continue reading »
by Alison Weissbrot // March 26th, 2018 //
»
Zenith, Magna, GroupM: The Duopoly Will Capture Almost All Advertising Growth In 2018

Digital advertising is growing, and big platforms like Google and Facebook continue to reap the profits. That’s the insight from global ad spend forecasts released Sunday by GroupM, Zenith and Magna, which predict the industry will grow between 3.1% and 5.2% this year to as high as $535 billion, as reported by Magna. Advertising growth... Continue reading »
by Alison Weissbrot // December 4th, 2017 //
»
Zenith And Magna: Total Ad Spend Growth May Be Soft, But Mobile, Search And Social Are Superstars

There’s no more US presidential election or splashy Summer Olympics to prop up ad spend, but there is still growth to be found – especially on the mobile front. Although the growth rate in total ad spend has slowed, global mobile advertising is on pace to reach $110 billion this year, surpassing the $100 billion mark... Continue reading »
by Kelly Liyakasa // June 19th, 2017 //
»
Behind CEO Henry Tajer’s Exit At IPG Mediabrands

Last week, IPG Mediabrands global CEO Henry Tajer announced he will leave the company and head back to Australia for personal reasons. But executive politics and challenges facing media agencies also factored into his departure. Tajer, a 10-year veteran of IPG Mediabrands, became global head in 2015 after a successful stint as CEO of Mediabrands... Continue reading »
by Alison Weissbrot // May 11th, 2017 //
»
Zenith and Magna: Programmatic Is A Boon To Digital Ad Spend As It Overtakes TV

Both Publicis Groupe’s Zenith and IPG’s Magna attribute growth in online advertising to programmatic targeting and data in their global ad spend forecasts released this week. That momentum will help digital ad spend overtake TV this year for the first time. Magna pegged overall ad spend at $187 billion this year, a 3.7% increase over... Continue reading »
by Alison Weissbrot // March 30th, 2017 //
»
Magna Brings Audience Segments To Roku As Agency Doubles Its Investment

IPG Mediabrands’ investment arm, Magna, revealed on Wednesday it is doubling its investment in over-the-top (OTT) TV provider Roku. It declined to name specifics but noted the deal has multiple implications for inventory rates and pricing, third-party research and data. Magna is forming a private deal with Roku to allow more precise targeting between the agency’s... Continue reading »
by Kelly Liyakasa // January 25th, 2017 //
»
Magna and GroupM: Digital Will Finally Overtake Linear TV In 2017

Both WPP’s GroupM and IPG’s Magna pinpoint 2017 as the year digital ad spend finally surpasses linear TV, according to forecasts each media-buying unit released Monday. Magna noted that digital grew 17% globally this year to $178 billion, contributing $23 billion to the total $26 billion growth in ad spend this year. GroupM predicts that digital will... Continue reading »
by Alison Weissbrot // December 5th, 2016 //
»
Magna Global Releases Sunny Programmatic Forecast As Ad Tech Exits Adolescence

Programmatic is growing, and it’s also growing up. That’s the message from the Magna Programmatic Growth Report released Friday. Magna projects global programmatic spend to grow from $19 billion this year to $42 billion in 2020. Non-programmatic spend is expected to grow from $27 billion this year to $31 billion, with programmatic becoming the default... Continue reading »
by James Hercher // October 21st, 2016 //
»
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