Pluto TV teams up with SpotX
March 15, 2018 18.07 Europe/London By Robert Briel
SpotX, a video advertising and monetisation platform, has extended their strategic partnership with Pluto TV, the free OTT television service in America.
As part of the renewed collaboration, SpotX will match media buyers to Pluto TVís premium inventory and power the programmatic monetisation of Pluto TVís free, over-the-top (OTT) content.
Pluto TV offers over 100 free live channels and on-demand programming and has partnerships with TV networks, movie studios, publishers, and digital media companies. The company entertains millions of monthly unique users who tune-in to watch premium news, TV shows, movies, sports, live events, cartoons, and trending digital series on a free, ad-supported service.
The partnership opens up more opportunities for media buyers who have been increasingly trying to break into the OTT game. According to SpotXís recent research report entitled, TV is Total Video: Predicting OTT and the Future of Video Advertising, conducted by S&P Global Market Intelligenceís Kagan, 67 percent of advertisers expect to spend between 21 and 40 percent of their ad dollars on OTT platforms within the next 24 months.
SpotXís Demand Facilitation services will bring a diverse group of buyers to Pluto TV including auto, retail, CPG, and entertainment, adding more variety on Pluto TV, enhancing the viewer experience, and enabling more advertisers to reach untapped OTT audiences.
In recent months, Pluto TV has been heavily focused on its advertising technology stack, which employs server-side ad insertion (SSAI) technology to combine content and ads into a single video stream that can be easily distributed across all devices and platforms.
Pluto TV also runs dynamically-generated videos that promote upcoming content by pulling clips and programming information together automatically into promotional spots that run on-air, driving viewership. Its ad platform integrates with any industry-standard (VAST) ad-serving system without any additional customisations.
ďAs viewership continues to grow in OTT, many advertisers are unsure about what to buy in the space, or how to effectively buy it,Ē said Mike Shehan, co-founder and CEO at SpotX. ďPluto TV offers a seamless, TV-like viewer experience, and weíre excited to help create a more powerful offering by connecting advertisers with their inventory.Ē
ďSpotX has been, and continues to be, our preferred partner. They understand Pluto TVís premium inventory and our partnership will allow many more advertisers to reach our millions of viewers,Ē said Co-Founder and Chief Growth Officer Ilya Pozin.