MTG has launched a programmatic trading platform braned VideoRange. The new platform is now providing automated advertisement VoD inventory sales in Sweden, Norway and Denmark. VideoRange is the first service of its kind in each market to enable media buying agencies and advertisers to buy full length premium video advertising inventory. The platform will also include MTG’s AVoD services in the Baltics, Bulgaria and the Czech Republic.
VideoRange aims not only to streamline and speed up the process of buying premium online video advertising, but also offer advertisers a higher level of precision by providing access to an increased amount of data. As a result, advertisers can design better and more precisely targeted campaigns.
The programmatic platform is rolled out by MTG’s digital accelerator MTGx.
It is estimated that 15 per cent of total online video spend will be programmatic in 2015, and that this proportion will grow to 36 per cent in 2020 in MTG’s European AVOD markets. Programmatic advertising spending is also expected to grow by 31 per cent annually until 2020 in these territories.
“We have a long tradition of always innovating the way we do business, and the launch of a fast, digital and flexible trading platform for online video advertising is the next step in the evolution of our industry. The market for programmatic advertising trading is still young and our service is the first one covering full length professional TV and sports content. We look forward to making it even easier for our ad buyers to use our digital entertainment platforms to reach and understand their customers,” commented Jørgen Madsen Lindemann, MTG President and CEO