GroupM taps SpotX
October 27, 2020
SpotX, the global video advertising platform, has signed a strategic agreement with GroupM, the media investment group of WPP, to serve as the primary partner for all programmatic digital video and OTT inventory.
The partnership is being debuted in the US with the intention to scale it globally into other markets. As part of the agreement, SpotX will also develop unique programmatic solutions for GroupM clients which will streamline the ad planning, buying, decisioning, and optimisation processes.
“As the largest media advertising company in the world, GroupM is continually looking for the most efficient ways to reach high-quality inventory while providing full transparency to our clients,” said Esra Bacher, managing partner – programmatic investment lead at GroupM. “Viewership is dramatically increasing in streaming video, and we have chosen to partner with SpotX due to their strong relationships with the supply-side of the video ecosystem.”
The SpotX-GroupM agreement is part of a growing industry trend around supply-path optimisation (SPO) in which media owners and buyers are leaning into deeper relationships with a smaller number of partners. By activating more of GroupM’s demand flow, SpotX will serve as an indispensable partner for media owners.
“One of the reasons we are so excited about this partnership with GroupM is that we know it will have a huge impact and help advertisers not just in the US but also soon across Europe and in other markets around the world reach audiences at scale via premium supply,” said Mike Evans, SVP, Demand Facilitation at SpotX. “We’re honoured that GroupM has chosen SpotX for programmatic video and OTT and has faith in both our technology and expert service to meet their global clients’ demands with ease.”