VIZIO surpasses 11m addressable enabled TVs
June 9, 2021
VIZIO, has surpassed 11.2 million addressable TVs across the US and counting that enable frame-accurate dynamic ad insertion.
The number represents a significant milestone for members of Project OAR, the addressable advertising consortium founded by VIZIO and America’s top TV media companies. By expanding the footprint, programmers are able to deliver and manage addressable TV ad inventory inside of linear programming broadcast to homes across America.
“Addressable TV advertising has arrived. Today’s milestone pushes the consortium beyond a ‘Project’ and into an addressable business. We have worked to put standards in place in collaboration with top networks to deliver addressable campaigns at scale and enhance the TV experience for viewers at home. With the infrastructure in place and more campaigns going live in the market, we are making it possible to deploy, manage and sell dynamic ads for local and national inventory,” said Adam Gaynor, VP Network Partnerships and Head of Addressable for VIZIO and OAR.
The consortium, which is composed of a number of US television networks and operators and VIZIO, have worked hard to create open standards that anyone in the ecosystem can use to increase the relevancy of advertising and improve linear viewing for consumers.
AMC Networks is among several of the companies that have executed national addressable campaigns using the OAR standard to deliver more relevant advertising experiences within linear and on-demand formats on smart TVs. With addressable campaigns, companies can reach audiences regardless of where, when or how they choose to view television.
“We started our first addressable campaign in late 2020 and have continued to air addressable campaigns across our national inventory and complemented by set-top box VOD and CTV, allowing for true convergence,” said Kristine Bayles, VP, Advanced Advertising, AMC. “Working with OAR, we are helping to push standards that the entire industry can use. With over 30 per cent of our linear viewership being addressable, we are unlocking new opportunities for brands to connect directly with the intended consumer with precision.”
Discovery was early into the addressable trials and is among a number of media companies who have successfully conducted addressable campaign tests to evaluate how the OAR open standard interoperates with existing sales, insertion and measurement workflows.
“At Discovery, we are happy to report that we are out of the test phase and are bullish to begin live addressable campaigns,” says Steve Silvestri, Senior Vice President, Advanced Advertising, Discovery. “As a member of OAR, we have been on the front lines for creating the standards to move the industry forward. Programmer enablement represents a massive growth opportunity for the addressable marketplace and is bridging the divide between linear and digital, allowing advertisers to reach valuable audiences in a premium and brand-safe environment, across all platforms and at scale.”
OAR has also expanded its membership, adding Univision to the consortium and attracting new sources of inventory across national, local and spanish-language content.
Univision joined the consortium in the first quarter of 2021 and is already underway with plans for addressable TV beta trials across its Spanish-language television portfolio, including broadcast networks Univision and UniMás, and cable networks TUDN and Galavisión.