advertising 22 Sep 2023
Loop Media, Inc. ("Loop Media") (NYSE American: LPTV), the free streaming television media company for business which provides over 2 billion video views every month via restaurants, retail businesses, office buildings, doctors’ offices, airports, bars, and college campuses, announced today that it has rolled out in beta testing a self-service video advertising platform (“Loops Ads Manager”) for local businesses and venues to advertise on the Loop Media platform. Loop Media believes this anticipated new line of advertising revenue could be a significant additional contributor to Loop Media’s revenue, as Loop Media seeks to capture local advertising dollars that do not generally flow through the larger ad demand partners working with regional and national advertisers.
Local and regional venues, services, brands, businesses, and agencies will be able to place ads on any of Loop TV networks’ 71,000+ screens, including partner screens, via the Loop Media Ads Manager, built in partnership with OrkaTV. This partnership is designed to empower local and regional marketers’ access to Loop Media’s powerful network at am.loop.tv.
“The Out of Home Advertising Association of America (OAAA) estimates that national advertising makes up 35% of the yearly out of home advertising revenue and this is the area where Loop Media has primarily participated in since its inception,” said Jon Niermann, Chief Executive Officer of Loop Media. “With Loop Ads Manager, which we’ve built for the growing local demand for our platform, we are now able to more aggressively participate in the local advertising revenue stream which makes up 65% of the annual out of home advertising revenue. In addition, we’re providing our customers--and essentially any local business--the opportunity to advertise directly on the Loop TV platform in their local markets or beyond. Advertisers will be able to select their choice of markets anywhere in the nation with a quick, efficient, easy to use tool, and at an advertising entry price point that a local business owner can justify and manage,” Niermann continued.
OrkaTV built the Loop Ads Manager on top of its best-in-class Streaming TV ad tech infrastructure. This enables Loop TV to offer differentiated features such as the proprietary “Venue Type” forecasting tool for targeting desired audiences watching TV-Out-of-Home (TVOOH) FAST channels. The Loop Ads Manager can ingest existing creative, or its creative experts with decades of experience can assist a business owner in creating a new ad with minimal input.
“We built the Loop Ads Manager to democratize the entire process and cut through the prohibitive cost thresholds, clutter and usability issues that are inherent in most DSPs,” said Mike Woods, Chief Executive Officer, and Founder of OrkaTV. “The result is the easiest way for small businesses or any business to get their ads on Loop TV’s premium streaming TV channels,” he added.
“We love having Loop TV in our venue! We are even more excited to be able to efficiently advertise The Pink Tub in other venues in order to reach new customers in our local market at a cost that is affordable for us!” said Victoria E. Thomas-Bodie, Founder & Executive Vice President of Operations at The Pink Tub, an opulent organic handmade body and bath brand based in Indianapolis, Indiana.
Loop Ads Manager will begin service in beta-testing mode on September 21st.
technology 22 Sep 2023
Mediawrkz, the specialist Publisher Monetization Solutions Division of Datawrkz - is excited to announce that it has been recognized as a Google Certified Publishing Partner (GCPP). This prized certification (achieved by a limited set of Google partners) solidifies Mediawrkz’s position as a trusted, transparent partner to online publishers and showcases its proficiency across a variety of Google monetization products like Google Ad Manager. The certification reinforces Mediawrkz’s commitment to working hand-in-hand with publishers, fostering growth, and unlocking new opportunities powered by the latest technologies from Google.
The GCPP certification process is a multi-step approach that involves rigorous evaluation of Mediawrkz’s ability to deliver exceptional service, offer and maintain the highest performance standards, and consistently meet and exceed publisher expectations. The accomplishment shines a light on Mediawrkz’s commitment to empowering online publishers to maximize ad revenue with Google’s suite of advanced publisher monetization tools.
Publishers enjoy several exclusive benefits by working with Mediawrkz:
Senthil Govindan, the CEO of Datawrkz expressed, “Our longstanding partnership with Google has been key to our success as a trusted publisher partner. Earning GCPP stripes is a truly proud and momentous accomplishment for us all here at Datawrkz. It reaffirms our expertise in guiding publishers in every aspect of their monetization journey.”
Arunprabu Kesavan, Head of Mediawrkz commented, “Becoming a Google Certified Publishing Partner is an important milestone for Mediawrkz. This recognition further validates our expertise in and dedication to helping publishers maximize their ad revenue. We are proud to partner with Google and look forward to continuing our work in delivering exceptional results for our clients.”
technology 22 Sep 2023
Catchpoint®, The Internet Resilience Company™, today announced the launch of its Internet Resilience Program. The offering, previously known as Black Friday Assurance, enhances its market-leading Internet Performance Monitoring (IPM) platform with an on-demand expert team of engineers to help ensure performance and resilience of websites and applications for critical events such as the holiday season for an online retailer, or tax season for a tax preparation company. While many operations teams exert extra effort to monitor their applications during key inflection points, they may still be vulnerable to outages, reachability issues, or other performance issues that could severely impact the business during critical periods, such as peak commercial activity or large sporting or entertainment events. The enhanced Internet Resilience Program combines Catchpoint’s IPM platform with best practices playbooks from some of the world’s leading experts in Internet Resilience. It offers around-the-clock monitoring-as-a-service, enhancing Internet Resilience during critical periods. The package includes: The service is designed to protect the business during peak periods when customers may experience a surge in web and application traffic. With services provided two weeks before and following key events, the offerings are designed to support peak eCommerce inflection points, including product launches or holiday, tax preparation and travel seasons. “Building on more than a decade of experience working with the leading brands, the Internet Resilience Program packages best-in-class teams and technology,” said Hussain Peeran, Senior Vice President, Customer Experience and Technical Services at Catchpoint. “Every year, we safeguard mission-critical systems for premier enterprises, on average averting over a dozen potentially disastrous incidents. Without our rigorous preventive monitoring, these threats could inflict severe business impact often measured in millions of dollars.” The teams that provide the service monitor the target applications or websites 24x7 and look after anything that could impact customer experience or the business – from SSL certificates to DNS records to CDN performance to complex transaction issues, which are verified using a combination of synthetic monitoring, RUM, and several other Catchpoint services. These expert monitoring teams take advantage of the latest enhancements in the Catchpoint IPM platform, including capabilities such as BGP hijack detection, Internet Sonar, automatic metric correlation, smartboards, and more. According to a recent study by Forrester Consulting, the average retailer suffers on average 76 disruptions per month, costing organizations millions of dollars. “As the global leader in enterprise application software, SAP highly values Catchpoint's Managed Services team for their 24x7 proactive monitoring of our 2000+ websites,” said Martin Norato Auer, Vice President of CX Observability and Automation Foundations, SAP. “They were instrumental in achieving zero downtime across all our websites during Black Friday — a time when disruptions are not an option for the countless eCommerce companies we support.”Expert Monitoring Services enhance Internet Resilience for critical times like Black Friday and Holiday Rush
security 22 Sep 2023
Kim, the no-code, SaaS, patent-protected document generation, assembly, and workflow automation platform, is proud to announce the successful completion of the System and Organization Controls 2 (SOC 2) Type 1 compliance certification for its cloud-hosted platform. This achievement underlines Kim's unwavering dedication to the highest standards of data security and customer privacy.
SOC 2 evaluates an organization's control environment based on trust service principles, covering critical aspects such as security, availability, processing integrity, confidentiality, and privacy. While SOC 2 compliance is an optional standard, it holds exceptional regard within the SaaS industry. Kim's swift acquisition of the certification underscores the company's robust approach to security and privacy practices.
"Kim's patent-protected technology has been designed carefully with security at its core. Achieving SOC 2 Type 1 compliance, alongside our IS27001 accreditation, reflects our dedication to safeguarding our users' data and privacy," said Richard Yawn, Founder and CTO at Kim. "We are committed to solving customer problems and delivering a seamless and secure experience for our customers.
This certification marks another milestone in Kim's journey to provide secure and efficient document and workflow automation solutions for small, mid-sized and large enterprises.
advertising 22 Sep 2023
Integral Ad Science (Nasdaq: IAS), a leading global media measurement and optimization platform, today announced the appointment of Yossi Almani as Chief Legal Officer, effective immediately. As a member of the senior leadership team, Almani will report directly to Lisa Utzschneider, CEO, and oversee the global legal and compliance functions. He will play a pivotal role in strengthening IAS's commitment to fully protecting consumer privacy and combatting disinformation, while providing marketers with greater transparency into their ad spend.
"I am thrilled to announce Yossi Almani as our new Chief Legal Officer," said Lisa Utzschneider, IAS CEO. "Yossi brings 15 years of legal experience as both in-house general counsel and has held positions with top law firms. His expertise in privacy law will ensure IAS is at the forefront of industry compliance standards."
Based in New York City, Almani is a global legal leader with a broad range of experience with both public and private companies. He has demonstrated success at representing U.S. and international financial institutions and other clients, and has also driven public company functions and legal and business strategies on data privacy, compliance, and M&A.
Prior to joining IAS, Almani was General Counsel at Affinity Solutions, Inc., a leading consumer purchase insights company, supporting digital advertising and other industries. Previously, he also served as VP of Corporate, Securities and Licensing of Revlon, Inc., a worldwide beauty and cosmetic company. In addition, he was a Senior Associate at Paul, Weiss.
"IAS has established itself as a global leader in media measurement and optimization," said Almani. "I am excited to bring my legal expertise to a company that is at the forefront of bringing trust and transparency to the digital media landscape."
Almani holds a LL.M. (Harlan Fiske Stone Scholar) from Columbia University School of Law; and a M.A. in Law and Economics, a LL.B. and a B.A. (magna cum laude) from Tel Aviv University. Almani is also CIPP/US certified by the International Association of Privacy Professionals (IAPP).
artificial intelligence 22 Sep 2023
DAT Freight & Analytics today introduced the first purpose-built, AI-powered identity fraud detection and prevention platform through a partnership with Verosint, to help prevent the unauthorized use of customer login credentials and combat the growing threat of identity theft in trucking and logistics.
Through this new technology, DAT can now leverage AI and machine learning to validate user identities and scrutinize suspicious accounts. Users of the DAT network can now:
DAT’s AI-powered identity-verification solution is powered by Verosint and works in the background to maintain a secure and seamless login experience for legitimate users. It harnesses DAT’s expertise in data, analytics, and generative AI to detect potential fraudulent activity and stop unauthorized access to DAT One, the industry’s largest freight marketplace and analytics platform.
Stephen Shoaff, CEO & Co-founder of Verosint says: “Identity based cyber crime is challenging all businesses and account fraud is a key enabler of these crimes. We are thrilled DAT chose our platform to monitor all identity transactions for real-time detection and prevention of fraud. Our combined expertise will deliver the industry’s highest protection against fraudulent identity events, setting what we believe to be a new standard.”
The partnership is a significant step in DAT’s multifaceted fraud-prevention program announced earlier this year. The program includes:
Like so many other industries, the truckload freight market has been plagued by bad actors looking to exploit carriers, brokers and shippers with various identity theft scams. DAT reports that 56% of the fraud cases it investigates are identity-related, driven by account takeovers, credential stuffing, new-account fraud and synthetic (BOT) accounts.
Without sophisticated identity verification to detect and preempt potential fraud at scale, operators of online freight networks have to investigate reports of suspicious activity individually, a laborious manual process. This AI and Machine Language-based innovation enables DAT to intervene swiftly and selectively, enhancing its ability to prevent fraud activity before it happens.
Mac Pinkerton, President of North American Surface Transportation at C.H. Robinson said: “Automated identity verification is a game-changer. The ability to automatically detect and stop cybercriminals in real-time is crucial to a more secure freight marketplace and a testament to DAT’s commitment to fighting fraud.”
“Ensuring a safe, secure and scalable network for our customers is DAT’s top priority,” said Satish Maripuri, CEO & President at DAT. “Innovating closely with our customers on our fraud-prevention program is already yielding substantial results. Verosint’s identity-centric platform combined with DAT’s data and AI capabilities takes identity verification to a new level - a first in the industry.”
advertising 22 Sep 2023
LG Ad Solutions, a global leader in connected TV (CTV) and cross-screen advertising, in partnership with CTV measurement leader TVision, today released the findings of a new study that revealed CTV content has a +13% higher attention index and a +74% higher co-viewing incidence than linear television content. LG Ad Solutions partnered with TVision to use a combination of their camera Sensor, Digital Meter, and Measurement Engine panel data to understand how and what households are watching television and the extent they were paying attention. This was paired with an online survey conducted by LG Ad Solutions to obtain more information about consumers’ viewing habits. The survey revealed that 88% of respondents co-view streaming television--and they report being more likely to pay attention to both content and ads when doing so: 67% of respondents pay same or more attention to programming when co-viewing while 54% pay same or more attention to the advertising content. In fact, 73% of consumers multi-task the same amount or less when co-viewing TV. The study also found that an inverse relationship between attention and ad duration, which means the first 15 seconds is critical to communicate brand and message. Further, LG Ad Solutions and TVision found that attention is at its highest on the first exposure to a CTV ad, but gradually declines as exposure frequency increases. These findings suggest that it’s important for CTV advertisers to actively manage frequency to prevent over delivery when ads are no longer driving lift in awareness or brand preference. "This data indicates that on average, streaming TV viewers are more likely to be watching with other people than linear TV viewers,” said Tony Marlow, Chief Marketing Officer, LG Ad Solutions. “Interestingly, this research also indicates that people tend to pay more attention to the screen when co-viewing. This could mean that streaming may be a much more shared experience than previously realized and that this helps drive a higher level of attention for content and ads.” In terms of genres that are most co-viewed, Comedy (68%) and Drama (55%) hold the top spots. Of consumers that watch sports, 56% of them are co-viewing while streaming sports. “This research supports our existing knowledge which indicates that consumers are paying more attention to streaming content than linear content. High-attention content gives advertisers a valuable opportunity to increase engagement and generate outcomes,” said Yan Liu, CEO at TVision. “This research shows how to find that sweet spot with consumers and provides a valuable roadmap for advertisers looking to capitalize on the growing streaming marketplace.”New study from LG Ad Solutions and TVision identifies strategies to optimize connected TV advertising attention
advertising 22 Sep 2023
BIA Advisory Services estimates the local broadcast TV industry in 2024 will generate $23.8 billion in advertising revenue, with $21.7 billion in over-the-air (OTA) revenue and $2.1 billion in digital television. This estimate indicates an 11 percent increase over 2023 for the television industry. Previewing the new forecast today in an address before the TVB Forward Conference, Tom Buono, founder and chief executive officer of BIA, explained the drivers behind the forecast, which include heavy political advertising spending along with increased spending in key television verticals, including legal and auto. Buono also examined local televisions’ share of the complete advertising wallet. “We all expect a large number for local television ad spending in 2024, but it’s not only political that the industry can look to for growth,” said Buono. “Our new Share of Wallet (SoW) Performance Benchmarking Analysis reveals legal and automobile advertising will be up next year, too, providing solid opportunities for the industry. Beyond spending, we can see from this analysis how well television is performing across business verticals as compared to other media and in relation to the many advertising spend opportunities within a local market. Looking at ad spend this way is key to helping television continue to play to its strengths and find ways to take share from other media and move against threats.” For automobile advertising, BIA’s 2024 forecast shows that TV OTA is expected to increase to $192.6 million in 2024, which will be the largest year-to-year increase since 2019. Another strong vertical for television in BIA’s SoW Performance Benchmarking analysis is legal services. BIA estimates legal spending will total $8.6 billion in 2024. When looking at ad share across all traditional media, TV OTA will be the only channel to grow for legal advertising in 2024. Buono also examined ad spend in the connected TV and over-the-top (CTV/OTT) category compared to OTA and digital. While smaller in dollars spent, CTV/OTT is the fastest growing platform in the past five years, with +30.4% CAGR (2020 to 2024). However, TV OTA has more than four times the ad spend, mainly driven by political, than the other two channels. “After a few challenging years related to the pandemic, followed by supply chain and economic issues, we are forecasting significant increases in 2024 for local TV advertising,” said Buono. “Continuous examination and foresight will be key to maintaining a strong position.”BIA CEO Addresses Television’s Share of the Local Advertising Marketplace for Key Ad Spending Verticals
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