OpenX Announces TV+, An Ongoing Initiative to Maximize Biddable CTV
One of the top global omnichannel supply-side platforms, OpenX Technologies, has announced the launch of TV+, a continuous project to maximize CTV’s potential by fusing the most potent elements of programmatic and linear buying models. Due to an over-indexing of intermediaries in the current CTV landscape, buyers are unable to purchase in biddable media environments efficiently. Furthermore, it’s common for agencies and brands to pay CTV CPMs without having complete visibility into what they’re purchasing.
The CTV Landscape
Buyers cannot confidently rely on their KPIs when non-TV content is labeled as CTV, devaluing publishers’ premium content. With immediate effect, OpenX will remove all resellers from its CTV inventory pool in TV+’s initial phase, . This action also guarantees that publishers receive a fair portion of sales, which supports the creation of excellent content for users. Furthermore, OpenX is going to eliminate all non-TV content from its CTV inventory, which includes gaming UGC, OTT, mobile, and fireplace apps. Although OpenX intends to monetize these kinds of inventories as online video instead of CTV, this TV+ phase appropriately categorizes content, offering more exclusive advertising opportunities, a distinct inventory value, and more precise measurement.
What’s in it for publishers?
Publishers may confidently place their premium inventory into biddable environments as part of TV+’s initial step toward transforming programmatic CTV into a premium marketing opportunity, all the while providing brands and agencies with complete transparency into what they’re purchasing. TV+ provides publishers, agencies, and DSPs with an equitable and transparent value exchange through these innovations. Buyers can access direct premium publisher integrations on over 110 million measurable “glass-on-wall” devices by subscribing to TV+. Visibility into impressions is provided by log-level data, and transparency and control are enhanced by this access to direct-sourced inventory. Additionally, by guaranteeing that they are receiving premium content, this initial TV+ phase protects the interests of consumers.
Read More: OpenX Launches ConteX: A Flexible, Contextual Advertising Marketplace
Here’s what they said
Adam Roodman, SVP of product strategy and management at Yahoo said,
CTV is a powerful channel for marketers to reach and engage with their audiences. 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.
Ashwin Navin, co-founder and CEO at Samba TV added,
As more marketers choose CTV for incremental reach over linear, there’s tremendous value for the ecosystem in scaling reach beyond direct buys. 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.
Chris Kane, founder of Jounce Media stated,
The long-term growth of biddable TV advertising requires buyers and sellers to have confidence in marketplace integrity. 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.
Geoff Wolinetz, SVP of publisher and demand platforms at OpenX commented,
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. 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.
Read More: OpenX Partners with Cedara for Automated Emissions Measurement
OpenX Partners with Cedara for Automated Emissions Measurement
One of the top omnichannel supply-side platforms in the world, OpenX Technologies, Inc., launched a significant relationship with Cedara, the Carbon Intelligence Platform. With this connection, OpenX became the first digital advertising firm to provide automated emissions measurement for campaigns. Furthermore, it decreases campaign emissions, tailors carbon emissions, and personalizes offset portfolio solutions for residual campaign emissions via Cedara’s platform.
Cedara Integration
With leading-edge technologies for measuring and reducing emissions both at the organizational level and in media distribution, this partnership leads the industry’s sustainability initiative. It combines Cedara’s media emissions reduction and balancing capabilities with OpenX’s status as the first Net-zero ad tech company.
Buyers will be able to:
- Align organizational emissions data with media buys.
- Access carefully selected and third-party certified projects.
- Achieve transparency and customization into how and what offsets are used through the establishment of tailored offset portfolios.
- Effortlessly integrate emissions from OpenX campaigns and measure them.
Read more: Magnite Partners with Scope3 to Enhance Advertising Sustainability
Omnichannel Emission
For marketers and the media supply chain, Cedara offers automated omnichannel emissions measurement and in-depth business data across organizational and campaign-level emissions. This agreement provides transparent and precise emissions measurement to provide customers with a genuinely sustainable path when combined with OpenX’s extensive media activity data.
Here’s what they said
Eric Shih, COO at Cedara said,
We are thrilled to partner with OpenX, as they have a long-term commitment to sustainability and are consistent innovators. Our partnership gives buyers an end-to-end, sustainable programmatic product that they simply can’t get anywhere else.
Joseph Worswick, VP of EMEA and Head of Global Sustainability at OpenX added,
With Cedara, we are able to offer an end-to-end solution that enables brands to measure the impact of their digital activity and provides control over and transparency into how and where quality offsets are used while delivering performance across our publisher portfolio. In keeping with OpenX’s commitment to our own emissions reduction, we’re excited to see more businesses successfully build sustainability solutions as it shows the demand from digital advertising is growing.
Read More: OpenX Launches ConteX: A Flexible, Contextual Advertising Marketplace
OpenX Launches ConteX: A Flexible, Contextual Advertising Marketplace
OpenX Technologies Inc., one of the top omnichannel supply-side platforms in the world, announced the debut of ConteX. Within the SSP, is an OpenX marketplace. It gives companies and agencies the ability to use both pre-made and custom premium contextual advertising solutions without requiring them to sign cumbersome contracts or wait a long time. Without relying on third-party cookies, this brand-new, future-proof invention delivers end-to-end targeting and activation.
The future of contextual buying
Buyers are increasingly looking for accurate and high-quality regionally suitable targeting solutions that eliminate the need for them to negotiate separate agreements with various data partners. 54 percent of marketers intend to employ contextual data more frequently in their campaigns as targeted media-buying changes in reaction to third-party devaluation. Additionally, ConteX provides contract-free contextual targeting options for customers. As a result, they can directly activate premium data partners within the SSP on conditions that have already been agreed upon. Additionally, it makes it simple for advertisers to implement strategies that are most effective in their area without having to negotiate terms with each partner. Additionally, ConteX blends contextual and supply-side targeting to give more premium supply, higher accuracy, and unmatched insights into programmatic campaigns.
Read More: Adlook – Adsquare Join Forces for Advanced Brand Growth Solutions
Effective targeting, contract-free activation, and broader scale
With ConteX’s data partners reaching well beyond on-page content, contextual targeting has grown more sophisticated and efficient. Cooking aficionados are targeted in any vertical or type of premium content they are engaging with, rather than only through cooking-related material, using models to forecast audience behavior. With ConteX, OpenX continues to advance in its mission to create solutions that prioritize both innovation and quality. Without using cookies or authenticated IDs, each ConteX premium data partner employs a unique, proprietary methodology to let customers reach highly targeted audiences anywhere:
- Audigent: a data activation, curation, and identity platform
- Captify: a search intelligence platform for the open web
- Cross Pixel: audience and contextual targeting solutions
- Dstillery: a leading AI ad-targeting company
- Permutive: an audience platform powered by publisher first-party data
- Silverpush: a hyper-contextual advertising platform powered by AI
- Sqreem: a digital behavior aggregator where AI merges deep insights and media targeting.
OpenX creates an audience and shares a data-driven deal ID with the buyer to activate these segments. The buyer then activates the deal ID within their preferred DSP after working directly with the data partner to set up the audience.
Here’s what they said
Joseph Worswick, VP of EMEA and Head of Global Sustainability at OpenX said,
This enhancement in OpenX’s supply-side targeting capabilities provides brands with a valuable solution ahead of the deprecation of the third-party cookie. This off-the-shelf innovation helps brands navigate complex regional compliance requirements related to data and targeting, reducing the workload of programmatic traders. This is an important step towards providing effective targeting solutions for the open web, which will ultimately help brands reach their desired audiences more effectively.
Read More: Captify and Adform Partner to Pioneer Contextual Activation Solution
OpenX Fined $2M for Violating Children’s Data Privacy Law!
The FTC (Federal Trade Commission) announced a $2 million settlement with OpenX, a programmatic advertising platform, for allegedly gathering personal information from children under the age of 13 without parental consent.
The Department of Justice accused the California-based corporation of acquiring geolocation data from consumers who expressly asked not to be followed through the opt-out option, according to the complaint filed on behalf of the FTC.
According to the lawsuit, OpenX, which runs a real-time bidding platform for providing ad space on websites and mobile applications, violated the FTC’s Children’s Online Privacy Protection Act Rule (COPPA).
Interesting Read: Facebook Advertisers Battle Ad Results After Apple’s Privacy Changes
Before collecting, using, or disclosing personal information from children under the age of 13, websites, apps, and other online services that are child-directed or intentionally gather personal information from children must warn parents and obtain their consent.
Hundreds of child-directed applications were inspected by the FTC, and it was discovered that these apps engaged in the OpenX ad exchange, which gathered personal information from children under the age of 13, in violation of the COPPA Rule. The FTC claims that OpenX collected personal data and then passed it on to third parties who used it to serve advertising to these app users.
While OpenX said via a blog post that “to put it plainly, it was a mistake”, FTC commented on the issue –
“OpenX has received millions, if not billions, of ad requests directly or indirectly from child-directed Apps, and transmitted millions, if not billions, of bid requests containing personal information of children to OpenX’s demand-side partners. These requests included location information and persistent identifiers used for online behavioral advertising.”
This agreement demonstrates how US regulators are actively scanning and monitoring digital ad marketplaces, data collecting, and privacy issues on the internet.
Also Read: Outbrain Launches New Native Advertising Header Bidding Capability
