Home CTV Pinterest Acquires CTV Startup TvScientific (Didn’t CTV That Coming)

Pinterest Acquires CTV Startup TvScientific (Didn’t CTV That Coming)

SHARE:
Comic: Remote Possibilities

Looks like Pinterest has its eyes – or its pins, rather – fixed on connected TV.

On Thursday, the social image-sharing platform announced plans to acquire tvScientific, a CTV advertising platform that specializes in outcomes-based ad buying for performance marketers.

Although financial terms of the deal were not disclosed, Pinterest did reveal that the transaction is subject to regulatory review, suggesting that it is valued at or above the Federal Trade Commission’s reporting threshold of $126.4 million.

The deal is expected to close in the first half of 2026, after which tvScientific will continue to operate independently under its own branding.

As seen on TV

Pinterest buying an advertising platform shouldn’t come as too much of a shock, given that the company reportedly conducted reviews of five potential ad tech acquisitions earlier this year.

CTV, however, is a new advertising channel for Pinterest (not counting Pinterest TV, which isn’t actually television so much as it is live streaming video.)

Still, tvScientific’s outcomes-focused business model arguably aligns with Pinterest’s larger goal of repositioning itself as a performance marketing platform. Over the past few years, Pinterest has leaned into commerce marketing APIs, shoppable ad formats and AI-powered tools for content discovery and ad optimization.

One of those tools is Performance+, an AI ad targeting product that Pinterest introduced in 2024 to compete with the likes of Google’s Performance Max and Meta’s Advantage+. According to Pinterest CRO Bill Watkins, ad impressions grew 41% YOY in Q3 right after Performance+ launched, and advertisers that use the tool have been seeing 20% efficiency gains.

TvScientific integrates similar techniques into its ad buying strategies, using algorithmically optimized placements based on client-approved metrics. The startup also uses a cost-per-outcome pricing model, which only charges advertisers when their campaigns achieve the desired metrics. The tech is already integrated directly into several affiliate marketing platforms, including Rakuten and Impact.

Meanwhile, the deal could allow Pinterest to build something akin to Google AdSense or Meta’s Audience Network but for CTV, where smaller advertisers buy TV inventory through the platform, Pinterest takes a cut, and attribution data feeds back into its ad stack.

Against this backdrop, exploring new opportunities in CTV could also give Pinterest a way to address one of its biggest current challenges, which is that the proliferation of AI-generated content on its platform may be alienating its core user base.

After all, it’s hard to get someone to click on a shoppable ad if they’re not engaging anymore.

Must Read

Comic: Traffic Jam

With Search Traffic Down 70%, People Inc. Bets On Revenue Beyond Site Visits

People Inc.’s referral traffic from Google search is down 70% over the past two years, and by 26% in Q3 alone. But its digital revenue is still growing, albeit slowly.

Chord Buys Its Rival Zenlytic To Build An Agentic Version Of A CDP

On Tuesday, Chord, a six-year-old commerce tech startup, acquired Zenlytic, an AI startup with an anthropomorphized data analyst agent named “Zoë,” for $5 million.

Tal Jacobson, CEO, Perion

Affle Acquires Perion For $420 Million, Because ‘Synergies’

If you ask the executive leadership of Affle and Perion why the two companies are merging, the answer you’ll get is “synergies.”

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Konskie, Poland - December 02, 2024: Fox Corporation logo displayed on mobile phone

Fox Doesn’t Want To Talk About Roku, But It’s Got Lots To Say About Tubi And Politics

A combo of Tubi, sports and political ads powered Fox’s growth this last quarter, even as Fox News lost viewers and the Roku deal awaits DOJ clearance.

AdExchanger's Big Story podcast with journalistic insights on advertising, marketing and ad tech

Smart Acquisition Or Frankenstack? Stagwell-Freestar And DoorDash-Instacart

It’s fall, and M&A is in the air. Two acquisitions happened this week: Stagwell bought Freestar, and DoorDash bought Instacart.

Los Angeles, California - 26 February 2023: Reddit social media platform displayed on smart device

Reddit Is Going Login Only. Blame Google

Starting in Q4, Reddit will test logged-in-only mode to protect its user engagement, improve ad targeting and keep AI from scraping its content.