VideoRange will not only streamline and speed up the process of buying premium online video advertising, but also offer advertisers a higher level of precision by providing access to an increased amount of data. As a result, advertisers can design better and more precisely targeted campaigns.
The programmatic platform is rolled out by MTG’s digital accelerator MTGx.
It is estimated that 15% of total online video spend will be programmatic in 2015, and that this proportion will grow to 36% in 2020 in MTG’s European AVOD markets. Programmatic advertising spending is also expected to grow by 31% annually until 2020 in these territories.
“We have a long tradition of always innovating the way we do business, and the launch of a fast, digital and flexible trading platform for online video advertising is the next step in the evolution of our industry. The market for programmatic advertising trading is still young and our service is the first one covering full length professional TV and sports content. We look forward to making it even easier for our ad buyers to use our digital entertainment platforms to reach and understand their customers.”
Jørgen Madsen Lindemann, MTG President and CEO
MTG’s AVOD channels show catch-up content from the Group’s free-TV channels, as well as original short form content. The technology used is based on LiveRail’s Supply Side Platform (SSP) technology for programmatic video monetization. MTG is also implementing the market leading Data Management Platform (DMP).