Founding members DISH Media, TransUnion, Blockgraph, MadHive, VideoAmp, Eyeota and TVSquared announced the launch of the TV Data Initiative, a new industry programme designed to help the television industry – advertisers, agencies, MVPDs, programmers and other distributors – unlock the full potential of the new TV data ecosystem in the US.
As TVs have become increasingly connected, investment in data-driven audience-based advertising that can enhance television’s impact and value as a marketing platform has grown steadily, driving demand for high-quality, privacy-safe ad platforms and data sets that can fuel the industry’s future growth and development. The application of data has the potential to drive growth and innovation for the entire industry during the 2020s.
“DISH Media is committed to an open approach within the advanced advertising industry, and that includes leveraging data for transparency and accountability,” said Kevin Arrix, SVP of DISH Media. “As data-driven TV continues to grow, it’s increasingly important for us to find solutions that align data and identity with marketers’ efforts for improved efficiency and measurability, without jeopardising customer information.”
The founding members of this new initiative are aligned to a mission to champion an improved data-driven TV ecosystem – one that supports advanced digital-style targeting, campaign measurement and attribution, and is competitive, open and innovative, while protecting consumers’ privacy.
“In this evolving ecosystem, it is critical that consumer data and identity information for marketing use be both accurate and compliant,” said Matt Spiegel, Executive Vice President, Marketing Solutions and Head of Media Vertical, TransUnion. “As streaming behaviours accelerate and the TV ecosystem shifts, there are more complexities to consider around the underpinning of identity but also what that means for planning, targeting, and measurement.”
During the next six months, the founding members will work collaboratively with the wider industry to assess the current state of data in the advanced TV ecosystem, explore the main challenges and opportunities, and identify the priorities for unlocking the full potential of the new data-driven ecosystem in the years ahead.
Jason Manningham, CEO of Blockgraph, said: “We are thrilled to be participating in this critical effort to drive the TV data ecosystem forward. The next era of TV must be one defined by industry collaboration and connectivity. We need to work together to develop solutions that solve for the industry’s increasing complexity and fragmentation while at the same time addressing advertisers’ demand for data-driven capabilities in a way that always puts privacy first.”
“Quality data is a key component that helps to connect campaigns consistently across diverse channels and devices including TV,” said Kristina Prokop, co-founder and CEO of Eyeota “We are delighted to be a part of this initiative to bring greater transparency to TV data activation and to instill confidence for brands and advertisers investing in this space.”
The initiative will develop:
“Creating uniformity across the converged TV landscape is key to both unlocking the power of TV advertising and ensuring its scalable future,” said Jo Kinsella, President at TVSquared. “Through industry-wide collaboration, we can create a TV ecosystem where all sides of the trade win – from advertisers and media owners, to data providers and publishers. We are excited to be part of an initiative dedicated to making this happen.”