Episode 54: CES wrap up, plus drama at VideoAmp, LG Ads, and Arena
Jan 12, 2024
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In this podcast, the hosts share their CES experiences, discuss the impact of AI in the ad tech industry, talk about controversies surrounding Arena Group and LG Ads, explore Amazon Video's aggressive approach and subscriber base, delve into video ad tech and pricing strategies, and express hope for a well-known businessman's political involvement.
Phillips is launching its own ads business to capitalize on the CTV space and tap into the growing ad revenue potential in the market.
The use of deepfakes in advertising is a growing concern, demonstrated by reports of Taylor Swift's voice being used in a cookware ad without her consent.
Deep dives
Phillips joins competitors in launching ads business
Phillips has announced the launch of its own ads business, joining competitors such as LG, Samsung, and Vizio in monetizing their consumer TV platforms. With a subscriber base of 290 million people globally, the move by Phillips indicates their intent to capitalize on the CTV space and tap into the growing ad revenue potential in the market.
Yahoo allows advertisers to test new IDs and cookies side by side
Yahoo has announced that it will allow advertisers to run side-by-side tests of cookies and new identity solutions on its DSP. The tests have shown that over 90% of the same results can be achieved with the new identity solutions, providing reassurance as the industry transitions away from cookies. Yahoo's access to login data and its large subscriber base make it a valuable player in the evolving ad tech landscape.
Deepfake advertising surfaces in the mainstream media
The use of deepfakes in advertising has made its way into the mainstream media with reports of Taylor Swift's voice being used in a cookware ad without her consent. This highlights the increasing concern surrounding the use of deepfakes and the challenges platforms face in preventing their improper use. As the technology becomes more accessible, the issue of preventing misuse is likely to continue growing.
Symbiosis raises $9 million to expand its cooperative marketing platform
Symbiosis, a cooperative marketing platform that allows retailers and brands to collaborate on advertising, has raised $9 million in funding. The platform focuses on helping retailers and brands share the expenses of advertising, particularly to drive traffic and sales for high-margin products. With the retail media sector experiencing continued growth, Symbiosis aims to capitalize on the opportunity and expand its market presence.
So much drama in ad tech and publishing. Ari reports live from his hotel room at CES.
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