Legacy data may provide a standardized measurement platform, but
“data is advancing more quickly than our ability to transact on it,” Mike Rosen,
NBCU’s evp, advanced advertising and platform sales, told attendees at
NewBay Media’s Advanced Advertising conference in NYC Mon. “In TV, there
are so many legacy principles that have been around for decades. Data
is happening so quickly that the industry has trouble figuring out how
it fits.”
One2one Media pres Mike Bologna, argued that “if advertising
has to be advanced, then the data has to be better than the past. We
need different forms of data to best calculate.” TV’s legacy
infrastructure, however, can impede advanced advertising growth.
“We are dealing with a lot of legacy systems, and they are not going anywhere,” said Doug Hurd,
co-founder, evp business development, clypd. “We are trying to reduce
friction, but it is hard and the least sexiest part of the business.”
Sarah Foss, chief product officer, advertising management
systems at Imagine Communications, said the TV model needs some creative
re-adaptation. “The business model has always changed. We are
multichannel now,” she said. “We are selling TV to get to audience and
devices in different ways. Most of our clients are selling impressions
and Macgyvering it back into the system.”
Of course, when it comes to cross-platform measurement, “frenemies”
must sometimes work together, and OpenAP is one example of three major
media competitors doing just that. Noah Levine, svp, advertising
data & technology solutions at Fox Networks Group, explained that
OpenAP was designed to offer “consistency in audience definitions and
sizing, consistency in sharing across sellers and facilitating a
mechanism to provide posts from OpenAP data companies such as Nielsen
and comScore.”
VideoAmp chief strategy officer Jay Prasad said predicted
standards adoption within the next two years: “Advanced currencies
backed by attribution data will replace GRPs and siloed digital
measurement.” — Charlene Weisler for Cablefax
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