Verizon Media and Condé Nast partner across content and advertising

Rhea-AI Summary

Verizon Media and Condé Nast have expanded their partnership to enhance content and advertising experiences, uniting iconic brands with innovative technology. This collaboration aims to broaden content distribution and create immersive shopping experiences in sectors like Beauty, Food, and Fashion. As a result, advertisers will gain access to premium video content, including Good Morning Vogue. The partnership highlights the commitment to developing next-gen capabilities through an Innovation Council focused on emerging advertising formats.

Positive

• Expanded partnership increases content distribution opportunities.
• Introduces immersive experiences and shoppable content in key categories.
• Gains access to premium video series for advertisers.
• Formation of an Innovation Council for exploring new advertising formats.

Negative

• None.

New partnership pairs Condé Nast’s iconic brands with Yahoo innovation and reach

NEW YORK, May 17, 2021 (GLOBE NEWSWIRE) -- Verizon Media and Condé Nast today announced an expansion of their partnership to build the next generation of content and advertising experiences for consumers and advertisers. Pairing Condé Nast’s iconic brands with Verizon Media’s unparalleled technology and reach, the partnership unlocks new content distribution opportunities and increased access to Condé Nast’s premium inventory. In addition, the companies will collaborate to create immersive content, advertising, and commerce experiences.

The announcement builds on Verizon Media and Condé Nast’s work together, which extends the reach of premium digital video programming from brands like Vogue, Allure, Glamour, GQ, Vanity Fair and others across highly engaged Yahoo digital sites, including Yahoo Life and Yahoo Entertainment. The partnership will now expand to include new interactive experiences and shoppable content in key categories like Beauty, Food, and Fashion. Through Verizon Media, advertisers will also be able to tap into Condé Nast’s premium video series including Good Morning Vogue, fashion’s first news show covering culture, style, and politics.

The partnership further leverages Verizon Media's full suite of solutions across its demand-side platform (DSP), supply-side platform (SSP), and XR capabilities. Programmatic access to Condé Nast’s premium content properties and highly engaged audiences across display, video and native formats will now be available through Verizon Media’s SSP.

“With a unified ad platform, we’re able to bring premium content and commerce experiences to consumers, and unique and meaningful revenue opportunities to our advertiser and publisher customers,” said Iván Markman, Chief Business Officer at Verizon Media. “Our partnership with Condé Nast illustrates the full breadth of how we can partner. We’re on a mission to make it easier for our customers; evolving our ad platform to become the single destination for specialty and full range omnichannel solutions. We’re helping our customers drive performance and accelerate their businesses, simply and effectively.”

“We’re always looking for new ways to connect with our audiences wherever they’re already consuming content,” said Craig Kostelic, Chief Business Officer, U.S. Advertising Revenue and Head of Global Advertising Solutions at Condé Nast. “As we continue to innovate across platforms, we’re also creating new touchpoints for our partners and advertisers. This collaboration equips us with an additional set of tools we can use to make the most of our best-in-class content and extend the reach of our iconic brands.”

Today’s news marks the next step in a long-term collaboration focused on innovation and next-generation capabilities. As a part of this, Verizon Media and Condé Nast will establish an Innovation Council to explore and test emerging advertising formats, leveraging Yahoo RYOT Lab creative technology for immersive XR and AR activations.

About Verizon Media
Verizon Media, a division of Verizon Communications, Inc., houses a trusted media ecosystem of premium brands like Yahoo, TechCrunch and Engadget to help people stay informed and entertained, communicate and transact, while creating new ways for advertisers and media partners to connect. From XR experiences to advertising and content technology, Verizon Media is an incubator of innovation and is revolutionizing the next generation of content creation in a 5G world.

About Condé Nast
Condé Nast is a global media company, home to iconic brands including Vogue, The New Yorker, GQ, Glamour, AD, Vanity Fair and Wired, among many others. The company's award-winning content reaches 72 million consumers in print, 442 million in digital and 452 million across social platforms, and generates more than 1 billion video views each month. The company is headquartered in New York and London, and operates in 32 markets worldwide including China, France, Germany, India, Italy, Japan, Mexico and Latin America, Russia, Spain, Taiwan, the U.K. and the U.S., with local license partners across the globe. Launched in 2011, Condé Nast Entertainment is an award-winning production and distribution studio that creates programming across film, television, social and digital video and virtual reality. IG@condenast   Twitter@condenast

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
Christina MacDonald
Christina.MacDonald@verizonmedia.com

FAQ

What is the recent partnership between Verizon Media and Condé Nast?

Verizon Media and Condé Nast have expanded their partnership to enhance content and advertising experiences.

When was the partnership between Verizon Media and Condé Nast announced?

The partnership was announced on May 17, 2021.

How will the Verizon Media and Condé Nast partnership benefit advertisers?

Advertisers will gain access to premium content, immersive experiences, and advanced advertising solutions.

What new content categories will the Verizon and Condé Nast partnership explore?

The partnership will focus on Beauty, Food, and Fashion categories.

What is the significance of the Innovation Council in the partnership?

The Innovation Council aims to explore and test emerging advertising formats and technologies.