Episode 53: Bill Wise of Mediaocean on running the oldest company in ad tech
Jan 5, 2024
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Bill Wise, CEO of Mediaocean, discusses the company's merger, the evolution of ad infrastructure, investment strategy and the era of cookieless browsing, the industry's lack of preparedness, and various topics in ad tech and the advertising industry. He also explores the impact of deep intent on businesses, highlighting concerns about blocked deals and M&A.
The shift towards a cookieless environment in the ad tech industry poses challenges for smaller players and benefits larger tech companies.
Amazon's introduction of ads in Prime Video could potentially generate significant revenue for the company and impact competitors like Netflix.
Deep dives
Implications of the Cookieless Environment on Ad Tech
The podcast discusses the implications of the shift towards a cookieless environment in the ad tech industry. The speaker highlights that while companies like Apple and Google have already gotten rid of cookies, the recent announcement from Google about reducing cookies in the Chrome browser has raised concerns. The speaker emphasizes that the ecosystem of ad tech players will be most affected by this change, as it benefits larger tech companies and hinders smaller players. They also mention the importance of identity solutions and the challenges of transitioning from a cookie-based to a cookieless ad serving model.
Amazon Introduces Ads in Prime Video
In a move that has surprised many, Amazon has announced the introduction of ads in Prime Video. This paid service will now include advertisements, potentially generating significant revenue for the company. While some believe this move may deter customers who are used to an ad-free experience, others view it as an opportunity for Amazon to capitalize on the effectiveness of video advertising. The impact of this decision on competitors like Netflix remains to be seen, and it will be interesting to observe viewer acceptance and the level of demand for this new ad-supported model.
Blocking of Ixia IQ and Deep Intent Merger
The FTC has intervened to block the proposed merger between Ixia IQ and Deep Intent on antitrust grounds. This decision aims to prevent increased concentration in the healthcare programmatic advertising space. The case shines a spotlight on the challenges smaller ad tech companies face when attempting to merge and the impact such cases can have on the industry. It also highlights the need for greater verticalization in ad tech and the potential disruptions such antitrust cases can cause for businesses involved.
Bill Wise, CEO of Mediaocean, talks about how the company came to be by merging with stalwart DDS, along with its current position in the business, and how agency holding companies are evolving.
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