Paramount Launches Conduit that Directly Integrates Major Programmatic Platforms
Paramount developed an additional layer to its connected TV ad tech to control where advertisements appear for its streaming apps across various distribution channels. Conduit is a new product from Paramount Advertising that seamlessly integrates with CTV programmatic platforms to promote scalability and interoperability for advertisers. The platform is made to address a few challenging issues in the fragmented CTV market, such as tracking ad frequency and preserving rival brand separation in ad blocks. It is the programmatic ecosystem’s first worldwide direct integration layer in the industry.
Conduit – Helping connect the dots
Broadcast partners have been under pressure from advertisers to provide more interoperability. However, in the past year, marketers have increased their pressure on programmers to enable ad buying from a variety of SSPs. The company has been working on Conduit since the launch of EyeQ in 2020—Paramount’s CTV ad-selling platform that combines Paramount+ and Pluto TV inventory. Conduit is referred to by Paramount as the best global direct integration layer for the programmatic ecosystem. This includes vital demand solutions from Amazon Publisher Services as well as Magnite, Google Ad Manager, and all other significant SSPs. Conduit’s goal is to standardize everything related to connected television, including ad choices and operations. The system is already live, in-market, and fulfilling more than 600 million bid requests per day. Furthermore, it serves more than 50,000 unique bids.
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CTV Solution for Programmatic Scalability and Efficacy
Currently operating on the market, the system processes over 600 million bid requests daily. Additionally, it handles over 50,000 distinct bids. Conduit is just Paramount’s most recent announcement of an advertising solution. The product is an intelligent, real-time, neutral integration layer for EyeQ. It offers exposure data, clean, actionable planning, and ad frequency management. Conduit, according to the company, is based on a unified instance of FreeWheel, which enables Paramount to swiftly and effectively adjust to partner needs. A buyer using an SSP that wasn’t linked to FreeWheel can still access CTV inventory directly from Paramount via Conduit.
Here’s what they said
The company in its statement said,
At Paramount, we take this problem seriously. We have dedicated enormous resources to find a way to solve this problem. With all systems connected, every deal type is eligible on every ad break and key data is known to eliminate repetition and coordinate a TV-quality ad experience. Conduit allows Paramount to finally delivers the true promise of addressable advertising in CTV: the right ad, to the right person at the right time.
FreeWheel general manager Mark McKee added,
Our unified ad-decisioning platform was designed to allow clients, like Paramount, to build upon our capabilities to meet their specific programmatic needs. In this case, Conduit utilizes the FreeWheel platform to make a unified decision on Paramount’s behalf, enabling advertisers to tap into the scale of Paramount’s global portfolio in a way that optimizes ad spend and maintains a premium advertising experience for consumers.
Magnite senior VP, of platform revenue Mike Laband stated,
We’re excited to expand our partnership with Paramount to include integration with its Conduit solution. Magnite’s ad server, SpringServe, is integrated with Conduit to enable monetization across Paramount EyeQ and its other properties through Magnite Streaming.
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