STOCK TITAN

Comscore Brings Innovation to Podcast Advertising, Enabling Brand Safety Protections for Acast Podcast Inventory

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Comscore (Nasdaq: SCOR) has entered into a partnership with podcast platform Acast to provide brand safety targeting solutions for audio content. This collaboration enhances Acast's advertising capabilities, allowing brands to ensure their messages appear in relevant contexts. Acast will utilize Comscore's advanced technology, including natural language processing and AI, to facilitate secure ad placements. This agreement signifies Comscore's growth in podcast advertising and extends its brand safety solutions, addressing the increasing demand for sophisticated advertising tools in a rapidly growing market.

Positive
  • New partnership with Acast enhances brand safety solutions.
  • Leverages advanced technology like AI and machine learning for improved ad targeting.
  • Expands Comscore's market presence in the growing podcast advertising sector.
Negative
  • None.

RESTON, Va., July 26, 2021 /PRNewswire/ -- Comscore (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today announced an agreement with Acast, one of the most eminent podcast platforms, to provide brand safety targeting solutions for podcast and audio content as Acast's brand safety provider.

As podcast and streaming audio consumption continues to increase, advertisers need to ensure that their brand's messaging is conveyed in relevant and brand-safe environments. Under the agreement, Acast will leverage Comscore's natural language processing, machine learning, and AI for direct and programmatic ad sales—enabling brands to ensure that their advertising appears within podcast episodes that align with their brand preferences.

"We are excited to bring our industry-leading podcast brand safety to Acast," said Lee Blickstein, Vice President, Activation Solutions, Comscore. "Podcasts are one of the fastest growing channels in advertising and it is critical that advertisers have sophisticated tools tailored to meet their subjective brand safety needs without sacrificing audience reach. Our solutions will help these brands go beyond app-level and podcast series-level assessments to set up brand safety for their podcast media plans that align with their brand image."

"When introducing new tools like this for advertisers, our first and most important consideration is always how we can do so without hurting our podcasters' revenue potential, and without having any impact on the brilliant content they create for their fans around the world," said Joe Copeman, Global SVP of Sales, Acast. "Partnering with Comscore, and guiding individual buyers to customize and define their own specific risk categories, was the smartest way to do this—and means we're able to bring yet another innovation to the Acast Marketplace, alongside our market-leading solutions such as conversational targeting, data-led audience segments, and curated collections."

This new agreement further expands Comscore's footprint as a premier brand safety and contextual targeting solutions provider for podcasts and is the latest announcement in a series of enhancements to Comscore's Activation suite, which helps advertisers reach specific demographics, and behavioral, TV and OTT audiences in brand-safe, relevant contexts across desktop, mobile, and Connected TV. 

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.

New comScore logo (PRNewsFoto/comScore, Inc.)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/comscore-brings-innovation-to-podcast-advertising-enabling-brand-safety-protections-for-acast-podcast-inventory-301340903.html

SOURCE Comscore

FAQ

What is Comscore's recent partnership about?

Comscore partnered with Acast to provide brand safety targeting solutions for podcast advertising.

How will the partnership with Acast benefit advertisers?

Advertisers will have improved tools for ensuring their ads appear in brand-safe environments through advanced technology.

What technologies does Comscore use for brand safety?

Comscore utilizes natural language processing, machine learning, and AI for its advertising solutions.

What is the significance of this partnership for Comscore's business?

This partnership enhances Comscore's footprint in podcast advertising, addressing the rising demand for sophisticated brand safety tools.

What is the stock symbol for Comscore?

The stock symbol for Comscore is SCOR.

comScore, Inc.

NASDAQ:SCOR

SCOR Rankings

SCOR Latest News

SCOR Stock Data

37.20M
4.89M
30.02%
31.91%
0.52%
Internet Content & Information
Services-business Services, Nec
Link
United States of America
RESTON