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Deep Dive Discussion of Online Video Advertising's Opportunities and Challenges [VIDEO]
With the vast majority of online video views free and ad-supported, it's critical that online video advertising continues to grow and mature. At the recent VideoSchmooze event, we had a deep dive session on online video advertising featuring John Nitti, president of activation for ZenithOptimedia (who oversees $10 billion of client spending), Eric Franchi, co-founder of Undertone and Ashley Swartz, CEO and founder of Furious Minds, who moderated.
Categories: Advertising, Events
Topics: Furious Minds, Undertone, VideoSchmooze, ZenithOptimedia
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Recapping All of the Product and Partnership News from ELEVATE
At the ELEVATE conference on Tuesday a number of our partners made product and partnership announcements which I mentioned were coming in a teaser last Friday. Each helps move the online video advertising market forward in different ways. A brief recap of each follows:
Categories: Advertising, Events, Technology
Topics: Adap.TV, AdoTube, Conviva, ELEVATE, EyeView, Grab Networks, Innovid, Ooyala, Panache, RAMP, Tremor Video, Undertone, YuMe
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Undertone Acquires Video Syndicator Jambo Media
Undertone, a large display ad network has acquired video syndication and technology provider Jambo Media. Both companies are private and terms were not disclosed. The deal comes on the heels of ad network Specific Media acquiring video manager/network BBE, and AOL acquiring video syndicator 5Min. All three deals - and no doubt others to follow - illustrate the consolidation underway between video advertising and other forms of online advertising plus the interplay between video syndication, branded content and advertising.
Undertone's CEO Mike Cassidy told me that Undertone has been fielding more calls from the agencies and Fortune 500 brands it serves who are interested in online video advertising as well. Mike believes that offering them an integrated approach between display and video so that they can buy, manage and measure their returns across formats will only become more important over time. So a key goal of the acquisition is to meld their publisher networks and and offer high quality reach for both display and video. Since display is more mature than video advertising, Mike also sees opportunities to leverage its underlying technology in areas like targeting.
Categories: Advertising, Deals & Financings
Topics: Jambo Media, Undertone
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