Mar 11, 2022

A Winning Strategy for March Madness

The year was 2003. Arnold Schwarzenegger was elected governor of California, Apple released iTunes, everyone’s friend Tom started MySpace, and March Madness was streamed online for the first time.  The 2003 deal was between CBS and Yahoo! to stream the first 3 rounds of the tournament as part of the Yahoo! Platinum service for $16.95 a month1. Two years later, the NCAA announced that March Madness 2006 would be streamed free of charge on NCAAsports.com2.

Fast forward a mere 16 years and we now see that not only are people streaming March Madness, but the streaming viewership is beginning to eclipse those watching the tournament on TV.

During the 2021 NCAA tournament, streaming audiences reach increased by over 85% from the 2019 tournament (2020 was canceled due to Covid19). On the other side, TV reach among adults 18+ declined by 24%.3

So what does this mean for advertisers? Cue the sports analogies. The best way to win in the game is to have a full-court press when it comes to your advertising strategy. Gone are the days that you can just run an ad on TV and reach everyone at once. Combining OTT and Cable TV advertising is a slam dunk to expand your reach. A strong bench will also be crucial to reaching your audience during March Madness. Adding in things like Pre-roll, Display, and Audio will ensure that you are communicating with your customers throughout the tournament in a multitude of ways.

Want to learn more about how Viamedia can help you with a game-winning strategy? Click here to get in contact with an advertising expert.

 

Liza Goldenberg
Director of Vendor Relations

  1. https://www.cnet.com/tech/services-and-software/yahoo-unveils-platinum-paid-service/
  2.  
  3. http://fs.ncaa.org/Docs/PressArchive/2005/Corporate%2BNews/NCAA%2BMarch%2BMadness%2Bon%2BDemand%2Bto%2Bbe%2BOffered%2BFree%2Bof%2BCharge%2Bon%2BNcaasports%2Bdot%2Bcom%2BPowered%2Bby%2BCBS%2BSportsline%2Bdot%2Bcom.html
  4.  
  5. https://www.cordcuttersnews.com/about-25-of-viewers-who-watched-march-madness-on-linear-tv-in-2019-switched-to-streaming-it-this-year/
Aug 26, 2021

Ad-Tech Innovator QTT® Launches Marketplace to Drive Seamless Digital, Linear TV and Interoperability

Launch Follows Receipt of Patents Achieving Advertising-System Interoperability Among Broadcasters, Cable Networks, MVPDs and

Digital Supply and Demand Side Platforms

Initial Television Participants Include A+E Networks, FOX, Reelz

Magnite Is First Participating SSP

New York City and Lexington, KY – August 24, 2021 – Buyers and sellers of linear television ad inventory now have a fully transparent solution enabling them to automate and expedite the activation of data-driven linear video inventory without changing existing workflows or technologies.

QTT®, a video platform that bridges existing standard digital and TV advertising technologies andmakes linear TV advertising behave digitally, today announced the launch of QTT® Marketplace. QTT Marketplace is an open-platform destination for advertisers and agencies accustomed to digital platforms to access directly a wealth of premium, curated local and national television inventory – and for television inventory owners to tap more directly into the rapidly growing digital ad pool.

“The last mile to activate linear TV advertising through existing digital platforms is finally here,” said John Piccone, president of QTT.   “Buyers and sellers can now take advantage of their investments in data-driven audience planning tools by activating at scale through QTT’s seamless translation platform. As a result, we now have an array of partners offering premium television inventory through demand- and sell-side platforms to connect them directly with traditional and new digital advertisers.” 

The QTT Marketplace launch follows the completion of a family of QTT patents delivering seminal steps in the integration of the pan-device digital and linear television advertising ecosystems.

The QTT Marketplace is a new extension of QTT software developed to allow agencies and media buyers to see the linear ad packages – including rates, scheduling and number of spots -- made available by QTT licensees including MVPDs, broadcast television stations and broadcast and cable networks.  An ad campaign can then proceed seamlessly via any respective demand-side platform (DSP) and SSP through the VAST standards and Deal IDs to complete a brand-safe transaction that delivers the campaign’s message to premium audiences.

“A+E Networks has been on the forefront in building scalable demand-side partnerships,” said Ethan Heftman, SVP Advanced Advertising and Digital Sales at A+E Networks. “QTT and its Marketplace are a one-two punch that automates access to new demand while ensuring control over our pricing and inventory.”

“At FOX, we continue to find ways to better serve our clients and look for solutions to drive incremental yield while reducing the workflow efforts to leverage our advanced TV technologies,” said Dan Callahan, SVP Data Strategy and Sales Innovation for Fox. “Earlier this year, we partnered with Operative to move all linear sales to a single cloud system and, in turn, this allowed a seamless partnership with QTT to connect specific cable network linear avails to digital ad platforms.”

“More and more digital advertisers are looking to linear TV to increase their reach efficiently,” said Bill Rosolie, SVP Advertising Sales at ReelzChannel.  “We see QTT as a platform to unlock the value of target-rich audiences across our portfolio of independent networks.”

"In our environment where most ‘game-changing technology’ really isn't, the QTT Marketplace is," said Eric Fischer, Founder and CEO of buying agency HJA Strategic Marketing.  "Their ability to provide a solution for digital-first advertisers to seamlessly access unduplicated linear TV audiences at scale, and conversely provide linear TV networks access to thousands of digital advertisers, adds a whole new dimension to the TV buying ecosystem."

Leveraging the existing Video Advertising Standard Template (VAST) tag, the patented QTTapproach allows digital platforms to develop their own solutions to bring linear television inventory to complement their digital buys. As the first sell-side advertising platform (SSP) integrated with QTT, Magnite, the world's largest independent SSP, developed its own proprietary solution that complements QTT’s patented technology and exposes linear inventory programmatically to buyers based on existing TV measurement currencies.  Because digital attributes such as Video Ad Serving Template (VAST)-based impression pixels aren't available on linear platforms, Magnite’s methodology captures, and reports ratings based upon viewing windows agreed to by media owners and marketers.

“Our clients have been asking for streamlined tools to enable programmatic monetization of their linear inventory and complement their CTV advertising efforts,“ said Todd Randak, SVP Strategy and Partnerships at Magnite. “With QTT we can now offer premium linear TV opportunities through the Magnite platform as if they were any other digital video ad.”

“The conversion of linear-enabled avails to VAST tag-enabled avails, is a pivotal development,” Piccone noted.  “And, importantly, the QTT Marketplace keeps the control in the hands of the respective parties in a transaction.  Advertisers get full transparency and accountability for their buys.  Broadcasters, cable programmers and MVPDs maintain complete control over their inventory and pricing.” 

About QTT®

QTT®, based in New York City, is a first-of-its-kind cloud-based television advertising solution that requests and receives ads from programmatic digital ad exchanges to enable linear cable television ad insertion utilizing existing cable and broadcast TV infrastructure.  QTT is integrated with leading SSPs and DSPs and converts a single DSP/SSP digital ad call into a linear TV ad placement, facilitating private marketplace deals with the local broadcasters and broadcast and cable networks who have licensed the solution.   QTT® is a division of Viamedia, the Lexington, Kentucky, based provider of comprehensive audience and impression-based local video cross-media advertising solutions.  Its platform has exclusive cable TV ad inventory from more than 60 MVPDs in 31 states across 69 DMAs, offering advertising on cable TV networks to more than 6,000 local, regional and national advertisers. QTT is and can be deployed well beyond Viamedia’s footprint. For more information about QTT, please visit  https://viamediatv.com/qtt.  For more information about Viamedia, please visit https://viamediatv.com.

For more information, contact:

Tom Campo or Bob Gold

Bob Gold & Associates

310-320-2010

QTT@bobgoldpr.com

 

Jun 16, 2021

BEYOND THE BASICS: Put Your Marketing in Motion with Video Advertising

Apr 28, 2021

What Digital Buyers Need to Know About Linear TV

By John Piccone, President QTT®, a division of Viamedia

Published on Independent Communications News April 28, 2021

There is a whole new generation of advertising buyers and sellers who have fallen in love with the features of advertising technology without understanding the marketing objectives that drive media decisions.

To the digital buyer, critical metrics of success live in the headers of their analytics reports which represent bottom funnel metrics. Absent are traditional building block metrics that live in media mix modeling that have guided marketer’s media decisions for decades.

Nowhere is this more apparent than video advertising. Today a marketer can place its video advertising in many places: Linear TV, Connected TV, Desktop, Mobile and Digital Out of Home. But for decades, the lion’s share of video advertising share has gone to linear TV. Why is that? Simple…

TV Advertising Works

And advertisers know TV works. They may not have real time dynamic ad serving reporting, but decades of trial and error have shown TV works and as time passes the linear TV attribution game is only getting better. Correlations based on ad occurrence and website or mobile traffic generates millions of data points to give marketers even better insights on the value of TV.

Measurement Favors the TV Advertiser

A viewer must watch an average of 5 minutes of the TV program to be counted, even though many more people sample a TV show. Compare that to an online video ad that needs to be visible for only 2 seconds.

TV’s pricing can’t be beat.

Marketers have relied on Nielsen’s household sample to measure television viewership for decades. Most linear buys are against a broad demo group (Adults 25-54, Women 18+, etc) These Nielsen demos are priced by the sellers based on demand, supply and historical rate cards. This is no different if a digital buyer wants to buy a broad demo on YouTube or CTV. However, the key difference is that on TV you pay only for those audiences in that purchased demo. So due to the “spill” nature of TV the advertiser also gets everyone else who watch its ads, for free. Whereas with online video, thanks to dynamic ad serving only the purchased target audience sees the ad. If we run the advertising math, a TV Demo CPM of $20 on TV is actually a tiny fraction of that when you factor all the people who saw the ad. And for marketers who are building a brand, every eyeball counts. On the other hand, digital video CPMs remains static, or actually increase in the case of fraud or bot traffic.

Are there many benefits that digital video advertising offers that TV cannot? Of course. But it’s still clear that the cost of media, coupled with the advertiser-friendly measurement standards, is very hard to beat TV.

Inevitably the linear and digital worlds will collide. Marketers can now buy TV programmatically when it meets both buyer and seller objectives. Spoils will go to those who can understand linear and digital measurement and pricing metrics. Visit https://viamediatv.com.

Dec 1, 2020

DAVID SOLOMON PROMOTED TO PRESIDENT & CEO OF VIAMEDIA

Lexington, KY – December 1, 2020 –David Solomon, a 17-year Viamedia veteran, most recently serving as Chief Revenue Officer, has been promoted to President and CEO of the company, effective immediately. He succeeds Mark Lieberman, who joined the company in 2014 as President and CEO and who will remain a director on Viamedia’s board.

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