Roku and The Trade Desk Announce New Data-Driven TV Streaming Partnership
April 30 2024 - 8:00AM
Business Wire
Deepened relationship between the #1 TV
streaming platform and the largest independent global advertising
technology leader aims to improve the ad buying experience
Roku (NASDAQ: ROKU), the #1 TV streaming platform in the U.S.*,
announced plans for a new data-driven TV streaming partnership with
The Trade Desk (NASDAQ: TTD), the largest independent global
advertising technology leader, to equip advertisers with better
planning, buying, and measurement of TV streaming media. Roku plans
to empower advertisers using The Trade Desk with the ability to
leverage Roku Media and audience and behavioral data, so that The
Trade Desk customers can better understand and optimize their
campaigns for TV streaming viewers.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240430850603/en/
Roku announced plans for a new
data-driven TV streaming partnership with The Trade Desk to equip
advertisers with better planning, buying, and measurement of TV
streaming media. (Graphic: Business Wire)
As the TV streaming ecosystem grows increasingly crowded and
complex, advertisers are looking for the most efficient and
performant way to cut through the noise and reach viewers at scale.
By leveraging Roku’s automatic content recognition data,
advertisers using The Trade Desk can suppress incremental
households that have seen their linear TV ads — a capability
advertisers have had directly with Roku, now available in an
independent media buying platform on Roku Media. Through Roku’s
more than 81M Streaming Households, advertisers can find meaningful
outcomes through scale, premium inventory, and optimization
capabilities that will help efficiently maximize ad spend.
“Matching Roku’s reach with the power of The Trade Desk’s
innovative solutions will unlock new ways for marketers to reach
the right TV streaming audiences strategically,” said Jay
Askinasi, SVP, Head of Global Media Revenue and Growth, Roku.
“We strive to be even more interoperable with the most prevalent
buying platforms in the market to meet our advertisers where they
are. It’s simple to use and highly effective at reducing waste for
buyers, and it will improve the ad experience for our millions of
viewers.”
“CTV has emerged as one of the most powerful digital advertising
channels on the open internet, and this new partnership with Roku
will enable The Trade Desk’s clients to put valuable new data
insights to work and fully optimize their campaigns,” said Jed
Dederick, Chief Revenue Officer, The Trade Desk. “We are
excited by Roku’s focus on interoperability and thrilled to forge a
closer partnership as we bring the full power of the open internet
to bear for all advertisers.”
The partnership is intended to provide The Trade Desk customers
with the ability to leverage Roku audience and behavioral data on
Roku Media. Advertisers can access Roku Media through a range of
options in The Trade Desk in a private marketplace.
To learn more, visit our website.
*By hours streamed (Hypothesis Group: Dec 2023)
About Roku
Roku pioneered streaming on TV. We connect users to the content
they love, enable content publishers to build and monetize large
audiences, and provide advertisers with unique capabilities to
engage consumers. Roku TV™ models, Roku streaming players, and
TV-related audio devices are available in various countries around
the world through direct retail sales and/or licensing arrangements
with TV OEM brands. Roku-branded TVs and Roku Smart Home products
are sold exclusively in the United States. Roku also operates The
Roku Channel, the home of free and premium entertainment with
exclusive access to Roku Originals. The Roku Channel is available
in the United States, Canada, Mexico, and the United Kingdom. Roku
is headquartered in San Jose, Calif., U.S.A.
Marks included in this press release are trademarks or
registered trademarks of Roku, Inc. in the U.S. and in other
countries. Tradenames, trademarks, and services marks of other
companies appearing in this press release are the property of their
respective holders.
This press release contains “forward-looking” statements that
are based on our beliefs and assumptions and on information
currently available to us on the date of this press release.
Forward-looking statements may involve known and unknown risks,
uncertainties and other factors that may cause our actual results,
performance or achievements to be materially different from those
expressed or implied by the forward-looking statements. These
statements include but are not limited to trends related to TV
streaming and advertising; Roku’s partnership with The Trade Desk
and the related benefits and opportunities; and the features,
capabilities, benefits, growth and reach of the Roku platform.
Except as required by law, we assume no obligation to update these
forward-looking statements publicly, or to update the reasons
actual results could differ materially from those anticipated in
the forward-looking statements, even if new information becomes
available in the future. Important factors that could cause our
actual results to differ materially are detailed from time to time
in the reports Roku, Inc. files with the Securities and Exchange
Commission, including our Annual Report on Form 10-K for the year
ended December 31, 2023, and our Quarterly Report on Form 10-Q for
the quarter ended March 31, 2024. Copies of reports filed with the
SEC are posted on Roku’s website and are available from Roku
without charge.
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version on businesswire.com: https://www.businesswire.com/news/home/20240430850603/en/
Roku Sarah Saul AdsPR@roku.com
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