The Refresh News: Viant Acquires Iris TV with Tim and Chris Vanderhook
Nov 13, 2024
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Tim and Chris Vanderhook dive into Viant's acquisition of Iris TV, highlighting its potential to enhance transparency and targeting in the rapidly growing CTV landscape. They discuss how this strategic move aims to bolster Viant's ad products against major competitors while allowing Iris TV to operate independently. The conversation emphasizes the critical need for advertisers to understand content at a granular level and adapt to privacy regulations shaping the future of ad tech. The excitement around Iris TV’s role in the open ecosystem is palpable!
Viant's acquisition of Iris TV enhances targeting and measurement capabilities while prioritizing transparency in the rapidly growing CTV advertising ecosystem.
By maintaining Iris TV's independence, Viant supports an open advertising ecosystem, emphasizing content understanding for improved advertiser outcomes.
Deep dives
Exciting Opportunities in Las Vegas
The new initiative launching in Las Vegas centers around a series of strategies and showcases aimed at revitalizing the advertising sector for 2025. Companies can participate in an exclusive video series that highlights their innovative work from the past year. This event, dubbed Sweet Sweets, provides opportunities for organizations to reconnect and share fresh ideas. The goal is to ignite enthusiasm and creativity within the advertising community, setting a dynamic tone for the year ahead.
Viant's Strategic Acquisition of Iris TV
The recent acquisition of Iris TV by Viant focuses on enhancing transparency within the Connected TV (CTV) advertising space. By integrating Iris's global content ID into its operations, Viant aims to improve targeting and performance measurement, allowing advertisers to maintain control over where their ads are placed. This strategic move caters to increasing demands from clients for better content adjacency and brand suitability, addressing issues like avoiding ads during unsuitable programming. Viant's leadership believes that being able to effectively target content will significantly benefit both buyers and sellers in the marketplace.
Navigating Privacy and the Open Ecosystem
Viant's approach acknowledges the evolving landscape of data privacy while emphasizing the importance of relevant advertising. The Iris acquisition enhances their capability to utilize content-based signals rather than personal identity data, thus adhering to regulatory frameworks. This strategy not only helps comply with privacy laws but also strengthens the relationship between content owners and advertisers by providing necessary details without compromising user privacy. Viant aims to foster a more accessible advertising environment, especially for smaller brands, by leveraging the Iris platform to facilitate easier entry into CTV advertising.
AdTechGod discusses the recent acquisition of Iris TV by Viant Technologies with Tim and Chris Vanderhook.
In this episode, we dive into Viant’s recent acquisition of Iris TV, aimed at boosting transparency and improving targeting and measurement in the growing CTV space, where over 40% of ad spend on Viant’s platform now flows. We explore how this move strengthens Viant’s ad products to compete with walled gardens while keeping Iris TV independent to support an open ecosystem. We’ll also look at the importance of understanding content at a detailed level to give advertisers the edge in reaching the right audiences.
takeaways
Viant acquired Iris TV to enhance transparency in the CTV ecosystem.
The acquisition aims to provide better targeting and measurement capabilities.
CTV is growing rapidly, with over 40% of total spend on Viant's platform.
The focus is on creating superior ad products to compete with walled gardens.
Iris TV will operate independently to support the open ecosystem.
Understanding content at a granular level is crucial for advertisers.
Privacy regulations are shaping the future of ad tech.
The market is excited about the potential of Iris TV.
Investment in ad tech is essential for the open ecosystem's growth.
Viant aims to attract more entrepreneurs to build innovative solutions.
Chapters
00:00 Introduction to the Acquisition
01:07 The Purpose Behind Acquiring Iris TV
05:14 The Future of CTV and Walled Gardens
08:14 Iris TV's Independence and Its Role
10:37 Understanding Content and Privacy in CTV
18:33 Market Reactions and Future Prospects
Mentioned in this episode:
Sweet Suites
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