Comscore Reinvents its Branded Content Offering Through Partnership with Hive to Further Accelerate Use of AI Across its Product Portfolio

Rhea-AI Summary

Comscore (NASDAQ: SCOR) announced a partnership with Hive to integrate AI-powered datasets into its product portfolio, enhancing its offerings for media measurement. The first product to emerge from this collaboration is an improved Comscore Branded Content®, which features cross-platform measurement, competitive intelligence, scalable customization, and real-time data updates. This partnership aims to bolster Comscore's innovation in the media ecosystem, promising better insights for clients and elevating measurement standards.

Positive

• Integration of AI-powered datasets into Comscore's product portfolio.
• Enhanced Comscore Branded Content® with features like cross-platform measurement and real-time updates.
• Potential for creating differentiated products that meet client measurement needs.

Negative

• None.

RESTON, Va., March 9, 2021 /PRNewswire/ -- Comscore (NASDAQ: SCOR), a trusted partner for planning, transacting, and evaluating media across platforms, today announced a broad partnership with Hive, a leading provider of enterprise AI solutions. The partnership will enable the integration of AI-powered datasets into Comscore's product portfolio, resulting in new products and expanded capabilities to serve clients.

Comscore Branded Content® is the first offering to be reimagined through the partnership, integrating enhanced capabilities powered by Hive's best-in-class computer vision technology. The new product is part of Comscore's Advertising Suite of Solutions, which provides measurement of advertising across platforms.

Comscore Branded Content® provides brands, agencies, and rights holders with more comprehensive measurement of branded content and sponsorship. Key features of the reimagined offering include:

• Cross-platform measurement: Always-on monitoring of in-content brand exposures across 100+ national TV networks, with the ability to integrate modular measurement across social media, eSports, over-the-top video, and theatrical releases.
• Competitive intelligence: Exposure reporting across 5,500+ pre-trained brands in Hive's logo detection model, enabling new-to-market insight into share of voice and competitors' branded content strategies.
• Scalable customization: Use of Hive's deep learning object detection models and data labeling workforce of more than 2 million registered global contributors to efficiently and accurately identify unbranded product exposures and enrich brand-level reporting by asset type (e.g., logo location).
• Next-day data: Real-time processing that enables daily updates for faster insights.
• Comscore audience data: Matching of branded content occurrences with exposure data from Comscore's massive measurement footprint, which includes 75M+ US TV screens, 175M+ US desktop screens, 230M+ US mobile screens, and 44K North American movie theatre screens.
• Point-and-click dashboard: Intuitive, interactive data visualization, with the ability to customize reporting and easily export data for offline analysis.

"Our partnership with Hive further accelerates Comscore's commitment to innovation," said Carol Hinnant, Chief Revenue Officer, Comscore. "Integrating Hive's industry-leading technology into our product portfolio will create further differentiated products that help our clients achieve their measurement agendas."

"We are excited to partner with Comscore," said Dan Calpin, President – Enterprise AI, Hive. "Our ambition is to power the transformation of industries with practical applications of artificial intelligence, and Comscore's leadership position in the measurement industry will accelerate our impact across the media ecosystem."

Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of federal and state securities laws, including, without limitation, Comscore's expectations, forecasts, plans and opinions regarding the its partnership with Hive and related product offerings and capabilities. These statements involve risks and uncertainties that could cause actual events to differ materially from expectations, including, but not limited to, changes in the partnership or product offerings, delays in product launches, customer acceptance. For additional discussion of risk factors, please refer to Comscore's respective Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings that Comscore makes from time to time with the U.S. Securities and Exchange Commission (the "SEC"), which are available on the SEC's website (www.sec.gov).

Investors are cautioned not to place undue reliance on our forward-looking statements, which speak only as of the date such statements are made. Comscore does not intend or undertake, and expressly disclaims, any duty or obligation to publicly update any forward-looking statements to reflect events, circumstances or new information after the date of this press release, or to reflect the occurrence of unanticipated events.

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 about Comscore, visit www.comscore.com.

About Hive
Hive is the leading provider of enterprise AI solutions that help companies power the next wave of automation. The company offers end-to-end AI services, from hand-annotated data labeling to turnkey, pre-trained AI models served via API. Hive's APIs enable use cases including automated content moderation, logo detection, contextual advertising, document parsing, speech-to-text transcription, and more. Hive processes billions of API requests per month, with industry-leading accuracy enabled by Hive's full-stack approach. For more information, visit thehive.ai.

 

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SOURCE Comscore

FAQ

What is the partnership between Comscore and Hive about?

The partnership focuses on integrating AI-powered datasets into Comscore's product portfolio, enhancing media measurement capabilities.

What new products will result from the Comscore and Hive partnership?

The first product is an enhanced Comscore Branded Content®, which will feature improved measurement tools and capabilities.

How will the partnership affect Comscore's Branded Content® offering?

The partnership will enhance Branded Content® with features like cross-platform measurement and real-time data processing.

What are the key features of the improved Comscore Branded Content®?

Key features include cross-platform measurement, competitive intelligence, scalable customization, next-day data updates, and an intuitive dashboard.

When was the partnership between Comscore and Hive announced?

The partnership was announced on March 9, 2021.