NEW YORK--(BUSINESS WIRE)--Tremor Media announced its acquisition of ScanScout today, creating a clearly dominant player in online video – the fastest growing interactive advertising segment. The combined company’s scale makes it the undisputed leader in both video ad delivery and unique viewer reach.
As part of the acquisition, Jason Glickman becomes Executive Chairman of Tremor Media and Bill Day becomes the company’s CEO.
“By combining Tremor Media’s scale and robust publisher platform with ScanScout’s unrivaled brand protection and optimization technologies, we are creating the preeminent leader in interactive video advertising,” said Jason Glickman, Executive Chairman. “The addition of proven industry veteran Bill Day as CEO, and the strength of our combined management team place the company in a fantastic position to fully realize the enormous market opportunity.”
The acquisition comes in response to three key advertiser-driven objectives for online video that have not been available with a single solution until now. Combining the two largest digital video advertising companies, positions Tremor Media as the sole entity that can deliver results against all of these goals.
1. Reaching targeted audiences with scale: Both in broadcast and online, video advertisers want to reach specific audiences during specific day parts. Buyers who want to target a specific in-stream video campaign to, for example, eight million women on Thursday night between 8 and 11 PM can now accomplish this with Tremor Media.
2. Reaching targeted audiences with seamless execution: Only Tremor Media can deliver in-stream campaigns at scale across a network of thousands of sites, reaching over 100 million viewers, normalized by a unified technology platform.
3. Delivering campaigns with accountability against brand goals: Only Tremor Media can deliver video campaigns with immediate and measurable results, and can optimize campaigns to achieve an advertiser’s success metrics. Whether it’s brand lift, purchase intent, engagement or viewing duration, Tremor Media can deliver powerful results for advertisers.
“By combining the companies’ strengths, we can deliver what advertisers have told us they’re looking for and create a clear must-buy in the industry for large online video budgets,” said Bill Day, CEO of Tremor Media. “Tremor Media is the largest video ad network serving the most advertisers with absolutely the largest footprint of premium publishers and targeted video inventory. The company will continue to innovate and bolster its leading technology platforms. In addition, our strong balance sheet will enable us to be to be very aggressive in pursuit of expansion on all fronts.”
The ability to provide meaningful scale and accountability across thousands of publishers is something that further differentiates Tremor Media from Hulu, YouTube, and all other players in digital video. Tremor Media’s Acudeo platform provides publishers with a comprehensive ad management console to fully monetize their video inventory.
Tremor Media will now have 40 market-facing sellers in 11 offices throughout North America and Europe. The company’s combined technology suite will include a complete inventory monetization platform for publishers and intelligent targeting, brand protection and brand health optimization/analytics for advertisers. Both Tremor Media and ScanScout have been trailblazers in creating proprietary video ad formats, which include their vChoice and Super Pre-roll units. The company will continue to be a leader on all fronts to create the best video advertising experience for advertisers, publishers, and viewers.
The story was first reported in Advertising Age: http://adage.com/digital/article?article_id=146937
About Tremor Media
Tremor Media (www.tremormedia.com), the leading online video monetization and advertising company, provides brand advertisers with in-stream and in-page video advertising solutions to top tier publishers. It reaches more than 3,000 publishers who serve in-stream video, and more than 5,000 publishers who serve in-page video in exclusively brand-safe environments. Tremor Media’s innovative video ad formats, advanced targeting, and industry-leading SE2 brand success measurement tools, enable advertisers to deliver efficient, scalable, and engaging video campaigns with measurable impact.
Tremor Media’s Acudeo® technology provides publishers with a full suite of products and services to monetize streaming video and maximize ROI. Acudeo delivers the industry’s most flexible and easy-to-use ad policy management tools and provides access to the industry’s leading revenue sources including turnkey integrations with all major video ad networks, ad serving, and video analytic technologies. With Tremor Media’s Acudeo technology, publishers can achieve maximum revenue while retaining total control and flexibility over their advertising inventory.