DoubleVerify Partners with Group Black to Optimize Brand Safety, Opening Nearly 15% More Inventory for Black-Owned Media Monetization

Rhea-AI Summary

DoubleVerify (DV) Announces Partnership with Group Black to Maximize Inventory Value for Underrepresented Publishers

Positive

• DV's partnership with Group Black aims to open up 14.8% more of Group Black’s overall inventory and reduce blocking due to site classification by 98.6%
• The initiative is designed to help underrepresented publishers maximize inventory value and champion best practices for incorporating values-based marketing into brand suitability
• The partnership with Group Black will enable both parties to achieve their goals and for brands to connect with previously untapped audiences

Negative

• None.

This initiative is designed to help underrepresented publishers maximize inventory value

NEW YORK--(BUSINESS WIRE)-- DoubleVerify (“DV”) (NYSE: DV), a leading software platform for digital media measurement, data and analytics, today announced a partnership with Group Black, one of the largest collectives of Black-owned media and diverse creators. This collaboration is part of DV’s initiative to help underrepresented publishers maximize inventory value. In the first phase of the partnership, optimization efforts enabled DV and Group Black to open up 14.8% more of Group Black’s overall inventory and reduce blocking due to site classification by 98.6%.

Increasingly, advertisers want to ensure that their brand values are reflected in their advertising strategies. Through this initiative, based on work with Group Black, DV plans to partner with underrepresented publishers and content creators on technical standards and to champion best practices for incorporating values-based marketing into their approach to brand suitability.

“Our goal is to create transparency across the ecosystem, driving ROI for advertisers and yield for publishers,” said Mark Zagorski, CEO, DoubleVerify. “Our partnership with Group Black, through this initiative, will enable both parties to achieve their goals and for brands to connect with previously untapped audiences.”

Some of the ways DV will work with publishers, networks and advertisers as part of this initiative include:

• Optimization Analysis: Providing an optimization analysis of inventory performance to guide strategy and identify opportunities.
• Classification Coverage: Working to ensure publisher partners have the most granular page-level classification coverage regardless of impression volume.
• Client Advocacy: Working with advertiser clients to enable them to make decisions regarding their brand safety and suitability settings that do not limit reach.
• Technical Partnership: Working with individual publishers to enable them to optimize ad server setup and DV tag configuration for maximum see-through rate (STR).

“Historically Black-owned media and content creators have been marginalized, leaving them at a disadvantage when it comes to monetization,” says Kerel Cooper, President of Advertising at Group Black. “Through our partnership with DoubleVerify, we are excited to work together to break this cycle, ultimately creating more opportunities for Black publishers while providing maximum value for advertisers looking to take advantage of this optimal inventory.”

DV is committed to helping brands maximize reach, promoting brand safety and suitability all while supporting diverse publications and content that align with their values. This initiative is only offered in the US at launch but will be expanded internationally over time.

About DoubleVerify

DoubleVerify (“DV”) (NYSE: DV) is a leading software platform for digital media measurement and analytics. Our mission is to make the digital advertising ecosystem stronger, safer and more secure, thereby preserving the fair value exchange between buyers and sellers of digital media. Hundreds of Fortune 500 advertisers employ our unbiased data and analytics to drive campaign quality and effectiveness, and to maximize return on their digital advertising investments – globally. Learn more at www.doubleverify.com.

About Group Black

Group Black is where culture calls home. Group Black’s objective is to build the largest collective of Black-owned media and diverse creators by actively deepening the pipeline of media dollars allocated to Black-owned media businesses and by investing in the next generation of innovative and equitable media. It is composed of Group Black Media and Group Black Ventures, with the simple mission to dramatically transform the face of media investment and ownership. Group Black seeks to connect a diverse generation looking for content and experiences that reflect who they are. For more information, please visit groupblack.co.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230728041125/en/

Media:

Chris Harihar, chris@crenshawcomm.com

Source: DoubleVerify

FAQ

What is the partnership announced by DoubleVerify (DV)?

DoubleVerify (DV) announced a partnership with Group Black, one of the largest collectives of Black-owned media and diverse creators, to help underrepresented publishers maximize inventory value.

What are some key goals of the initiative?

The initiative aims to open up more inventory for underrepresented publishers, reduce blocking due to site classification, and champion best practices for incorporating values-based marketing into brand suitability.

Where is the initiative currently offered?

The initiative is currently offered in the US, with plans for international expansion over time.