STOCK TITAN

Cadent to Expand Automated Addressable Linear and VOD Advertising Platform across Europe with Liberty Global

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

On January 5, 2021, Cadent announced the expansion of its addressable advertising management platform in partnership with Liberty Global, targeting the Irish market with plans for broader European deployment. This partnership, initiated in 2019, leverages Cadent's platform for advanced targeting and attribution, aligning with GDPR compliance. As digital advertising evolves, this initiative aims to provide advertisers with a scalable, brand-safe alternative to traditional digital channels, enhancing viewer experiences and supporting content partners.

Positive
  • Expansion of addressable advertising platform into the Irish market, enhancing market reach.
  • Partnership with Liberty Global since 2019, demonstrating long-term collaboration.
  • Cadent's platform enables sophisticated targeting, aligning with GDPR compliance.
  • Offers a scalable alternative to digital advertising, boosting brand safety.
Negative
  • None.

NEW YORK, Jan. 5, 2021 /PRNewswire/ -- Cadent, the advanced TV platform company, announced today the expansion of its addressable advertising management platform in Europe in partnership with Liberty Global, one of the world's leading converged video, broadband and communications companies. Cadent has now expanded its automated addressable linear and VOD Advertising Platform into Liberty Global's Irish footprint, Virgin Media Ireland, with its continental European markets to follow starting in 2021.

Cadent and Liberty Global's partnership began in 2019 when Cadent deployed its platform in the UK on behalf of Virgin Media as part of the Sky AdSmart program, powering addressable advertising across both linear and on-demand in millions of homes.

Cadent's platform allows advertisers to use the best of TV – the scale and engagement of live and on-demand television that builds brands – with the best of digital advertising, including sophisticated targeting and attribution capabilities. Through this unique innovation, Liberty Global can offer a truly scaled alternative to the digital and social media advertising.

In particular, Cadent's solution enables advertisers to target households by using anonymized data in a GDPR-compliant manner. As third-party cookies are phased out and consumer privacy becomes even more of a priority to the industry, this approach provides advertisers the opportunity to reach strategic audiences in a trusted environment.

"In the increasingly complex digital advertising marketplace, advertisers require access to high quality data to target their audiences in brand-safe environments beyond the walled gardens," said Sam Tomlinson, partner at PricewaterhouseCoopers and part of the team that produced the ISBA and PwC Programmatic Supply Chain Transparency Study, which proposed steps toward supply chain transparency and accountability.

"This integration delivers another big part of Liberty Global's continued commitment to linear and on demand addressable advertising to support our content partners and provide a better viewing experience for our customers," said Pieter Vervoort, VP Product, Entertainment, Liberty Global. "Cadent is providing a sophisticated solution that shows a clear way forward for TV platforms and broadcasters."

"As the leading independent advanced TV platform, Cadent is focused on bringing proven, scalable and sophisticated data and advertising solutions to platform operators, broadcasters and advertisers," said Keith Kryszczun, SVP of Global Platform Sales, Cadent. "This expansion reaffirms our commitment to innovation through our technology partnership with Liberty Global, which has brought demonstrable success to the TV industry and our respective partners over the years."

About Liberty Global:

Liberty Global (NASDAQ: LBTYA, LBTYB and LBTYK) is one of the world's leading converged video, broadband and communications companies, with operations in seven European countries under the consumer brands Virgin Media, Telenet, UPC, the combined Sunrise UPC, as well as VodafoneZiggo, which is owned through a 50/50 joint venture. Our substantial scale and commitment to innovation enable us to invest in the infrastructure and digital platforms that empower our customers to make the most of the digital revolution.

Liberty Global delivers market-leading products through next-generation networks that connect customers subscribing to 50 million broadband, video, fixed and mobile telephony services across our brands. We also have significant investments in ITV, All3Media, ITI Neovision, LionsGate, the Formula E racing series and several regional sports networks.

For more information, please visit www.libertyglobal.com  

About Cadent

Cadent powers the evolution of TV brand advertising. Cadent provides marketers, agencies, operators, and media owners with data-driven solutions for buying and selling TV advertising. By connecting brands with national TV audiences across cable, broadcast and OTT, Cadent's technology improves efficiencies and boosts the results of linear, addressable, and cross-screen campaigns. For more information, visit www.cadent.tv or follow @CadentTV.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/cadent-to-expand-automated-addressable-linear-and-vod-advertising-platform-across-europe-with-liberty-global-301200638.html

SOURCE Cadent

FAQ

What is the significance of Cadent's expansion in partnership with Liberty Global on January 5, 2021?

Cadent's expansion enhances its presence in the Irish market and sets the stage for broader European growth, positioning it as a leader in addressable advertising.

How does Cadent's platform ensure GDPR compliance in advertising?

Cadent's platform uses anonymized data to target households, ensuring compliance with GDPR regulations.

What benefits does Cadent's addressable advertising platform offer to advertisers?

It provides sophisticated targeting capabilities and attribution metrics, offering a scalable alternative to traditional digital advertising.

What brands are associated with Liberty Global?

Liberty Global operates under several consumer brands including Virgin Media, Telenet, and VodafoneZiggo.

Which stock symbols represent Liberty Global?

Liberty Global is represented by the stock symbols LBTYA, LBTYB, and LBTYK.

Liberty Global Ltd.

NASDAQ:LBTYA

LBTYA Rankings

LBTYA Latest News

LBTYA Stock Data

4.47B
317.72M
3.75%
91.19%
1.19%
Telecom Services
Cable & Other Pay Television Services
Link
United States of America
HAMILTON