DoubleVerify Claims to Have Solved Connected TV’s ‘TV Off’ Problem
Ads not seen cost marketers more than $1 billion last year
DoubleVerify said it has developed a solution for streaming’s ‘TV Off’ problem.
Last year, media buyer GroupM, working with measurement company iSpot.TV, found that many ads were being delivered to television and other devices that were turned off and not being watched by viewers.
The study said that the problem was costing connected TV (CTV) advertisers $1 billion in wasted impressions.
DoubleVerify’s own research found that one in four CTV environments and apps continued to play ads even after the television was turned off.
Also: DoubleVerify Sees Less ‘TV Off’ Ad Fraud With ‘On-Screen’ Certification
DoubleVerify said its new scalable solution can verify viewability, determining whether or not an ad on a website or app was actually seen by a CTV user.
“As CTV impressions continue to be sold at a premium, brands need insight into which platforms and environments offer the best viewability rates,” DoubleVerify CEO Mark Zagorski said. “To that end, we’re excited to launch this first-of-its-kind solution and continue to lead in measurement and innovation for CTV buyers. This release enables advertisers to address growing challenges in CTV, such as the “TV off” issue, and offers insight into whether ads had the opportunity to make an impact across digital environments, in a consistent manner.”
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DoubleVerify said a number of leading brands already plan to leverage DV’s new viewability solution but didn’t disclose their identities. ■
Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.