Comscore and Omnicom Announce Expanded Data Agreement

Rhea-AI Summary

Comscore (NASDAQ: SCOR) has announced an expanded data agreement with Omnicom Group (NYSE: OMC) to enhance e-commerce and audience analytics. This collaboration will provide Omnicom's Omni marketing system with privacy-safe behavioral data, improving targeted advertising effectiveness. As the first holding company accessing this data, Omnicom aims for a unified consumer view across marketing channels, promoting precise engagement strategies. Comscore's integration enhances its Activation suite, delivering actionable insights across all platforms, including Connected TV.

Positive

• Expanded data agreement with Omnicom enhances e-commerce and audience analytics.
• Omnicom gains exclusive access to privacy-safe behavioral data, increasing targeted advertising efficiency.
• Integration boosts Comscore's Activation suite, improving actionable insights across platforms.

Negative

• None.

RESTON, Va., March 1, 2021 /PRNewswire/ -- Comscore (NASDAQ: SCOR), a trusted partner for planning, transacting, and evaluating media across platforms, today announced a newly expanded data agreement with leading global marketing and corporate communications company Omnicom Group Inc. (NYSE: OMC). Under the terms of the agreement, Comscore will provide privacy-safe e-commerce and audience behavioral data to Omni, the marketing operating system that supports Omnicom's global network of agencies. Omni identifies and defines personalized consumer experiences at scale, enabling more relevant and effective creative development, media planning/buying/optimization and analytics capabilities for Omnicom clients. 

Omnicom is the first holding company to have access to this data set, which adds an unparalleled level of specificity to Omni's ability to provide a single view of the consumer that can be dynamically shared across all marketing practices, enabling highly targeted advertising campaigns that consistently deliver on the right time, right message, right place marketing trifecta.

The agreement represents the next evolution of Comscore's industry-leading Activation suite, which is designed to help advertisers reach specific demographics, behavioral audiences, and TV and OTT audiences in brand-safe, relevant contexts across desktop, mobile, and now Connected TV (CTV) platforms.

"This new Comscore integration gives us unprecedented visibility into the consumer journey – and that translates to a singular degree of precision in targeting audiences and creating end-to-end consumer experiences," says Slavi Samardzija, CEO of Annalect, the Omnicom data and analytics division that developed and oversees Omni. "It exemplifies the benefits of our federated and best-in-class approach to data architecture, which enables us to source data with the highest level of consumer privacy controls and the most relevance for our clients."

"As media consumption continues to evolve, Comscore remains committed to providing audience measurement solutions that are focused on privacy, accuracy and scale - across all screens," says John Bulgrin, Senior Vice President, Comscore. "Integrating Comscore behavioral data into the Omni operating system will deliver more actionable insights that will improve outcomes for Omnicom's clients."

About Comscore
Comscore (NASDAQ: SCOR) is a trusted partner for planning, transacting and evaluating media across platforms. With a data footprint that combines digital, linear TV, over-the-top and theatrical viewership intelligence with advanced audience insights, Comscore allows media buyers and sellers to quantify their multiscreen behavior and make business decisions with confidence. A proven leader in measuring digital and TV audiences and advertising at scale, Comscore is the industry's emerging, third-party source for reliable and comprehensive cross-platform measurement. To learn more, visit www.comscore.com.

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SOURCE Comscore

FAQ

What is the recent agreement between Comscore and Omnicom?

Comscore has expanded its data agreement with Omnicom Group to provide privacy-safe e-commerce and audience behavioral data for better marketing analytics.

How will Comscore's data benefit Omnicom's Omni marketing system?

The data will enhance Omni's ability to create personalized consumer experiences, improving targeted advertising capabilities.

What platforms will benefit from the Comscore and Omnicom collaboration?

The collaboration will impact desktop, mobile, and Connected TV (CTV) platforms.

When was the expanded data agreement announced?

The expanded data agreement was announced on March 1, 2021.

What is the significance of this agreement for Comscore investors?

This agreement enhances Comscore's product offerings and positions it favorably in the competitive media analytics market, potentially boosting future revenue.