ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

OpenX Announces TV+, the Programmatic Industry’s First Initiative to Unlock the Full Potential of Biddable CTV

OpenX will improve trust and transparency in the CTV market by removing all resellers and eliminating all non-TV content from its CTV inventory.

OpenX Technologies, Inc., one of the world’s leading omnichannel supply-side platforms, today announced the launch of TV+, an ongoing initiative to unlock the full potential of CTV by combining the most powerful aspects of linear and programmatic buying models.

In the current CTV landscape, buyers aren’t able to efficiently buy in biddable media environments due to an over-indexing of intermediaries. Additionally, brands and agencies often pay CTV CPMs without having full transparency into what they’re buying. When non-TV content is categorized as CTV, publishers’ premium content is devalued and buyers cannot lean into their KPIs with confidence.

In this first phase of TV+, effective today, OpenX will eliminate all resellers from its CTV inventory pool, ensuring that buyers have more working media and reduced invalid traffic. This move also ensures that publishers get their fair cut of transactions to power the development of high-quality content for consumers.

Additionally, OpenX will today remove all non-TV content, including fireplace apps, gaming, UGC, OTT, and mobile, from its CTV inventory. While OpenX will continue to monetize these types of inventory as online video rather than CTV, this phase of TV+ properly classifies content, providing more premium advertising experiences, a clear value for inventory, and more accurate measurement.

This first step in the TV+ mission to transform programmatic CTV into a high-quality marketing opportunity allows publishers to confidently place their premium inventory into biddable environments while giving brands and agencies full transparency into what they’re buying. With these innovations, TV+ delivers a fair and transparent value exchange between publishers, agencies, and DSPs.

“CTV is a powerful channel for marketers to reach and engage with their audiences,” said Adam Roodman, SVP of product strategy and management at Yahoo. “As this happens, solutions that prioritize control and transparency will enable buyers to lean into their KPIs in biddable CTV environments, helping them further realize the full promise of programmatic CTV.”

“As more marketers choose CTV for incremental reach over linear, there's tremendous value for the ecosystem in scaling reach beyond direct buys," said Ashwin Navin, co-founder and CEO at Samba TV. “Solutions that provide trust and transparency empower data providers to scale audiences in CTV and digital while increasing confidence in biddable environments and optimizing working media.”

Through TV+, buyers unlock direct premium publisher integrations across more than 110 million measurable “glass-on-wall” devices. This access to direct-sourced inventory improves transparency and control, while log-level data delivers visibility into impressions.

Further, this initial phase of TV+ protects consumers’ interests by ensuring they're getting the premium content they signed up for because premium publishers are able to secure an appropriate price for their inventory and invest resources back into creating premium content.

"The long-term growth of biddable TV advertising requires buyers and sellers to have confidence in marketplace integrity," said Chris Kane, founder of Jounce Media. "OpenX’s TV+ creates these conditions, ensuring media buyers get the quality they expect from their TV investments and ensuring media owners, not supply chain intermediaries, are the beneficiary of those investments."

“I've spent the majority of my career in TV, and ensuring that CTV doesn't repeat the same cycles as digital is imperative to the success of programmatic TV,” said Geoff Wolinetz, SVP of publisher and demand platforms at OpenX. ”As we embark on creating the future of CTV, we have the opportunity to make programmatic TV more efficient and effective by ensuring content is fit for purpose, accessed directly, and demand and supply partners have transparency across the value chain. This will positively impact buyer confidence, enabling them to implement key strategies such as incremental reach.”

About OpenX

OpenX is a supply-side platform that is a leader in advertising technology, and is helping to create a world where the open web thrives. The company powers advertising on web, mobile, and connected TV formats, enabling marketers to reach their target audience across OpenX’s global network of publishers. OpenX works with more than 130,000 premium publisher domains and receives more than 300 billion ad requests every day. OpenX is a certified CarbonNeutral® company and is verified for having fulfilled their SBTi Net-Zero targets. Visit the company’s website at www.openx.com.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.