Innovid the First to Enable Self-Service Creation of Interactive CTV Ad Experiences for Live Streaming Events at Scale
February 08 2024 - 9:00AM
Business Wire
CTV Composer One of Many Solutions Innovid
Offers to Empower Advertisers to Connect & Engage with
Audiences as TV Moves to 100% Digital
Innovid (NYSE: CTV), an independent platform for the creation,
delivery, measurement, and optimization of advertising across
connected TV (CTV), linear TV, and digital, today announced
industry-wide availability of the latest self-service feature
within its CTV Composer authoring tool. For the first time ever,
brands and publishers can create interactive CTV experiences
in-house, at scale, for live streaming events.
With live events increasingly migrating to streaming,
advertisers can take creative experiences to the next level with
engaging, personalized ads – from brand-building and retention ads
to shoppable formats that drive direct engagement and
conversions.
Innovid’s CTV Composer offers a catalog of plug-and-play
formats, features, and dynamic creative strategies that can run
across any streamed content on more than 25 CTV device types
reaching nearly every household in the U.S. Advertisers can easily
create interactive and dynamic ads that engage the viewer with
elements like QR codes for a direct path to purchase, as well as
showcase relevant messages based on data signals like game start
times or lineups. While CTV Composer has historically been used for
live streamed events with support from the Innovid team,
advertisers can now build these types of campaigns in-house and at
scale via the self-service functionality on Innovid’s platform. In
Q4 2023 alone, CTV Composer created ads for nearly 700 campaigns,
accounting for more than 202 million impressions.
Digitally delivering high volumes of impressions simultaneously
is complex, which has challenged advertisers' ability to run
advanced creatives at scale during live streaming events. Innovid’s
advanced creative technology is built on the Innovid platform,
which delivers over 1.3 billion ads per day and is designed to
handle high-quality video at scale for the best possible creative
experiences across streamed content, including live events.
“High-value live content, like sports and awards, have
historically been pillars of linear – but that’s changing,” said
Dan Mouradian, SVP, Global Client Solutions at Innovid. “As live
events move to CTV, and TV becomes 100% digital, advertisers have a
unique opportunity to engage audiences at scale with personalized,
interactive formats. They now have the technology to accomplish it
on their own. Innovid is solving for the challenges that arise with
the concurrence of every viewer seeing ads and we have paved the
way for mass personalization and interactive advertising during
live events.”
To learn more about CTV Composer and how it can help advertisers
and publishers as live events increasingly shift to streaming,
visit www.innovid.com.
About Innovid
Innovid (NYSE: CTV) powers advertising delivery,
personalization, and measurement across linear, connected TV, and
digital for the world’s largest brands. Through a global
infrastructure that enables cross-platform ad serving, data-driven
creative, and measurement, Innovid offers its clients always-on
intelligence to optimize advertising investment across channels,
platforms, screens, and devices. Innovid is an independent platform
that leads the market in converged TV innovation, through
proprietary technology and exclusive partnerships designed to
reimagine TV advertising. Headquartered in New York City, Innovid
serves a global client base through offices across the Americas,
Europe, and Asia Pacific. To learn more, visit
https://www.innovid.com/ or follow us on LinkedIn or X.
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version on businesswire.com: https://www.businesswire.com/news/home/20240208533278/en/
Press Caroline Yodice cyodice@daddibrand.com Megan Garnett Coyle
megan@innovid.com
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