Vevo Collaborates with PubMatic for Programmatic Growth in CTV Advertising
PubMatic, an independent technology company that delivers the future supply chain for digital advertising, has announced a collaboration with Vevo, the world’s leading music video network. Through the partnership, Vevo will be able to accelerate the growth of its programmatic CTV business and offer advertisers scaled reach across its premium library.
Partnership for programmatic growth in the CTV landscape
With over 800,000 videos across its global network, Vevo boasts an average monthly view count of 25 billion. Media buyers worldwide will have unrivaled access to Vevo’s vast, premium CTV inventory through a partnership with PubMatic. Vevo will leverage PubMatic’s massive demand, sophisticated programmatic trading capabilities, and strategic relationships for supply path optimization. It will be able to take advantage of numerous opportunities to deliver targeted ads in immersive, brand-safe, and engaged environments to a wide range of audiences. At the same time, it will gain a substantial increase in ad yield.
Accessible programmatic inventory
Vevo’s objective of becoming prevalent through ever-widening video distribution and continuous improvement of its monetization strategy is closely aligned with this integration. By making inventory programmatically accessible to a variety of demand partners via PubMatic’s platform, Vevo is expanding its participation in various sales environments and building on its prior success with direct dealing. Vevo’s content is currently available on the Vevo TV app, over 20 distinct Free Ad-Supported TV (FAST) channels, and social media platforms like YouTube.
Read More: PubMatic and Intent IQ Join Forces with Strategus for CTV-to-iOS Retargeting
Through the new partnership, media buyers will have access to both Vevo’s premium inventory and PubMatic’s state-of-the-art addressability and transparency solutions, which are known to improve ROI.
Here’s what they said
PubMatic’s Nicole Scaglione, Global VP for CTV/OTT and Video said,
“This collaboration marks a major milestone on multiple fronts. The partnership will enable greater growth and innovation by fulfilling the requirement for an efficient, transparent, and premium-grade supply of inventory. As well as allowing us to connect programmatic buyers with high-value music video inventory, it reinforces PubMatic’s standing as a leading force in the CTV space — cementing our position as a go-to platform for existing and new CTV players. We look forward to playing a key role in powering trading that optimises ad revenue for both buyers and sellers.”
Vevo’s EVP of Revenue, Distribution & Data Operations, Natalie Gabathuler-Scully, added,
“This partnership will allow Vevo to considerably elevate the advertising opportunities we can provide at a global level and drive our programmatic business forward. Leveraging PubMatic’s extensive preferred demand relationships will considerably augment our monetisation approach, especially across our TV app and FAST channels on over 35 CTV platforms worldwide.”
Read More: Adverty Partners with PubMatic to Reshape In-Game Advertising
Vevo and Publica by IAS Announce Partnership for CTV Ad Serving
Vevo, the top music video network in the world, and Publica by IAS, a top Connected TV (CTV) ad server owned by Integral Ad Science, announced a global partnership. This partnership enables Vevo to enhance their advertisers’ targeting abilities, improve the viewing experience of their streamed content by making it akin to a traditional TV show, and increase their revenue from CTV advertising by introducing a programmatic unified auction for the premium ad slots within their streamed ad breaks. This covers the ability to buy the first slot inside ad pods, frequency management, and competitive separation.
Characteristics implemented by Vevo
With features that mimic typical TV commercial breaks, advertisers can effectively target Vevo’s global music-loving audience.
Advanced Ad Serving: Vevo can provide advanced CTV ad breaks with the precise targeting options needed by advertisers. Furthermore, it can also provide the capacity to maximize each slot in a pod based on revenue per second.
Advanced Ad Pod Decisioning: This feature allows Vevo to own a pod by brand category and ensure an advertiser’s first pod placement. This aids in buy-side frequency management and competitive separation. Vevo can also guarantee that CTV inventory is served securely and targeted, giving advertisers the transparency and control they need. This enables Vevo to provide their engaged viewers with an improved viewing experience while optimizing revenue
Unified Bidding: This feature enables Vevo to extract the highest-yielding ad for each slot in each streaming ad pod. It does so by conducting a controlled, unified auction of all demand sources. In order to provide real-time transparency into each programmatic auction where the company’s inventory is cleared, Vevo is also utilizing the Publica ‘Live Logs’ feature. As a result, Vevo can now continuously improve yield and data strategies to prevent demand loss due to supply path optimization (SPO).
Read More: TV9 Network Partners With JioTV and JioTV+ for Enhanced Mobile and CTV Reach
CTV Advertising
Based on GroupM’s mid-year forecast, CTV advertising is expected to grow to $25.9 billion in 2023. This is a rapid increase. As a result, the collaboration is timely to take advantage of this expanding trend and grab new business prospects. Vevo can guarantee that its CTV inventory is targeted and served in the safest manner possible. It does so by putting Publica CTV advertising decision-making technology to use. This will give Vevo’s advertisers the control and transparency they need. Advertisers can access Vevo inventory programmatically through several of the top supply-side platforms (SSPs) in the world.
Here’s what they said
Natalie Gabathuler-Scully, EVP, Revenue, Distribution & Data Operations, Vevo said,
As the Vevo catalog continues to expand, we are excited to partner with Publica to ensure that we are providing a high quality and curated best- in-class viewing experience, while ensuring that our advertising partners can effectively reach our global audience of music lovers. By providing advertisers with greater control and increased transparency, they can better optimize their CTV campaigns when reaching our engaged viewers.
Sean Galligan, CRO, Publica by IAS added,
We’re excited about our new partnership with Vevo, and we look forward to providing them with the ad decisioning technology to grow their global advertising revenues, offer outcomes to their advertisers and empower them with the ad serving capabilities to improve their streamers’ viewing experiences on CTV.
Read More: Basis Partners with LG Ad Solutions for U.S. CTV Political Advertising
