AdImpact Partners with Innovid to Measure Political TV Advertising Across Linear & CTV

Rhea-AI Summary

Innovid (NYSE: CTV) partners with AdImpact for cross-platform measurement in political CTV campaigns. As $1.5 billion in ad spend is projected for CTV during the 2022 midterms, this partnership aims to offer real-time insights into campaign effectiveness. The TVSquared platform will provide advertisers with crucial metrics like reach and incremental reach across various platforms. With changing voter viewing habits, CTV is becoming increasingly essential for political messaging, highlighting Innovid's role in the evolving advertising landscape.

Positive

• Partnership with AdImpact enhances cross-platform measurement for political campaigns.
• $1.5 billion in projected ad spend for CTV during midterms indicates strong market presence.
• TVSquared platform offers comprehensive real-time analytics for improved campaign effectiveness.

Negative

• None.

CTV Playing Larger Part in Video Mix for Candidates & Causes as Audiences Disperse Across Platforms & Screens

NEW YORK & WASHINGTON--(BUSINESS WIRE)-- AdImpact, a leading provider of ad intelligence data for fast, smart decisions, has chosen Innovid (NYSE: CTV), a leading independent CTV advertising delivery and measurement platform, as its cross-platform measurement partner for political linear and connected TV (CTV) campaigns. Leveraging the TVSquared by Innovid platform, AdImpact advertisers get a unified view of their converged TV campaigns and real-time insights on reach, frequency, incremental reach, and outcomes.

As 2022 midterm election races heat up, political media strategists are recognizing the need to move beyond just broadcast and cable to reach voters with changing viewing habits. With $1.5 billion in ad spend projected to go to CTV during this year’s midterms (17% of total political ad spend), video mixes are more heavily relying on streaming advertising to find, reach, and engage with targeted audiences across platforms and screens.

“This is a crucial political cycle, and CTV will play an instrumental role in helping candidates and causes get their messages heard by the right people, at the right times and in the right places,” said Kyle Roberts, CEO, AdImpact. “With the TV video mix looking very different from years past, having accurate, real-time measurement is critical. With the TVSquared by Innovid platform, we have access to delivery and performance metrics from linear and CTV in a single, unified solution, giving us granular insights into who was reached, where, when, and how often.”

The TVSquared by Innovid platform offers political advertisers real-time, privacy-compliant analytics to:

• Understand the metrics that matter the most, including reach, frequency, incremental reach, and performance insights
• Quantify incremental reach over linear and across individual streaming platforms
• Identify the point of diminishing returns and optimal ad frequency
• Find efficiencies, optimize, and retarget campaigns for specific audiences

“Broadcast and cable TV remain powerful tools for advertisers, but as CTV grows rapidly, advertisers are diverting dollars to streaming,” said Bob Ivins, Chief Strategy Officer, TVSquared by Innovid. “Understanding the unique reach of linear and streaming, and that overlap, have become increasingly important – and political advertising is no different. We are excited to support the measurement and analytics needs of candidates and causes during this political cycle.”

About AdImpact

Ad intelligence data leader, AdImpact, provides media firms, agencies, platforms, and others with data solutions that facilitate effective competitive analyses, media research, rich competitive analysis, ad attribution, and other critical marketing executions. The company collects and reports on hundreds of millions of daily ad occurrences, providing a 360-degree view of the linear TV, connected TV, and digital advertising universe. AdImpact's comprehensive coverage includes all national broadcasters, more than 80 cable networks, 1,100 local broadcasters, more than 36,500 digital advertisers and publishers, and extensive CTV/OTT streaming. Data and insights are provided flexibly via intuitive UIs, cloud delivery and other methods to help make sense of the complex advertising data world.

About Innovid

Innovid powers connected TV (NYSE: CTV) advertising streaming, personalization and accredited measurement for the world’s largest brands. Through a global infrastructure that enables cross-platform measurement, personalization and real-time decisioning, and scaled ad serving, Innovid offers its clients and partners streamlined solutions that optimize the value of advertising investments across screens and devices. Innovid is an independent platform that leads the market in CTV innovation and converged TV measurement, powered by proprietary technology and exclusive partnerships designed to fuel the future of TV advertising.

Headquartered in New York City, Innovid serves a global client base through offices across the Americas, Europe, and Asia Pacific. To learn more, visit Innovid.com or follow us on LinkedIn or Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220603005107/en/

Media

Megan Garnett Coyle

+1 347 603 5096

megan@innovid.com

Source: Innovid

FAQ

What is the partnership between Innovid and AdImpact about?

Innovid (NYSE: CTV) partners with AdImpact for cross-platform measurement of political advertising in connected TV (CTV) campaigns.

How much ad spend is projected for CTV in the 2022 midterms?

$1.5 billion is projected to be spent on connected TV advertising during the 2022 midterm elections.

What insights does the TVSquared platform provide for political advertisers?

The TVSquared platform offers real-time insights on reach, frequency, and performance metrics for political campaigns across linear and CTV.

Why is CTV important for political advertising in 2022?

CTV is crucial for reaching voters due to changing viewing habits, enabling more targeted and effective political messaging.

What metrics does the TVSquared platform help advertisers understand?

The platform helps understand key metrics such as reach, frequency, incremental reach, and optimal ad performance.