Convergent TV advertising platform Beachfront has teamed up with a video delivery platform provider to help bring real-time, programmatic monetization of linear spot, over-the-top (OTT) and video-on-demand (VOD) ad inventory.
The deal is with SeaChange International, and the companies note the co-platform is already deployed in the U.S. — including with a global operator and regional cable company.
The partnership enables Beachfront’s demand partners to automate cable TV ad buying through SeaChange’s value-based Framework video delivery platform.
SeaChange recently signed agreements with Tier 1 TV providers. Effective immediately, agencies, brands and demand-side platforms (DSPs) who utilize Beachfront can automate their ad buying across the entire video ecosystem, including linear TV as provided by the SeaChange Framework.
These advertisers can then activate the “premium” linear TV ad inventory — along with VOD, connected TV (CTV), mobile and desktop inventory — through the use of real-time bidding (RTB).
“Linear TV inventory has long been excluded from programmatic marketplaces due to technical limitations and infrastructural challenges,” said SeaChange CEO Yossi Aloni. “In partnership with Beachfront, we’ve completed the difficult work of connecting modern, digital-oriented ad buyers to linear TV inventory.”
This partnership, the companies say, builds on Beachfront’s work developing solutions for multichannel video programming distributors (MVPDs) that address technical challenges surrounding set-top boxes — and solve major infrastructural problems inhibiting monetization of traditional TV viewing environments.
In 2019, Beachfront launched the first-ever set-top box VOD programmatic ad product, allowing MVPDs and media owners to expose VOD inventory to modern programmatic ad buyers and increase the average cost per thousands (CPMs) in the process. Now, Beachfront is bringing that same programmatic VOD solution to linear TV, effectively enabling demand partners to automate their ad buying across the entire video ecosystem.
Beachfront CEO Chris Maccaro commented, “When you look ahead at the next decade of TV
consumption, there will surely be a continued proliferation of cord cutting and Internet-based TV streaming, as well as a continued base of consumers who will get their content via a traditional cable box. For these reasons, we don’t over emphasize any one consumer viewing endpoint. Rather we prioritize all premium TV viewing platforms — from smart TVs to cable set-top boxes — and we’re excited to continue bringing uniformity and simplicity to the convergent TV ad marketplace, while empowering agencies and brands to automate their media buying across the video ecosystem.”
