Transmit, a market-leading technology platform offering advanced advertising solutions and Wurl, a leader in the Connected TV (CTV) industry, announced a strategic partnership to bring Transmit’s in-stream ad formats to the thousands of FAST channels in the Wurl ecosystem.
The in-stream ad formats will allow FAST channels to create incremental inventory and revenue without disrupting the viewer experience, boosting monetization while minimizing audience churn.
The current streaming landscape has prompted consumers to seek alternatives to traditional paid models, resulting in a significant surge in the popularity of FAST channels. Recognizing this shift, Wurl and Transmit are partnering to help FAST channels maximize monetization.
Transmit’s non-intrusive and native ad formats, including in-stream and Picture-in-Picture (PIP), are designed for viewer retention, allowing publishers to generate revenue without compromising the audience experience.
For example, an audience watching sports or live entertainment content might see an ad in the program itself during a down moment instead of the program cutting away to a full-screen ad break. This lack of disruption presents entirely new inventory for publishers while minimizing the viewer churn that tends to come with traditional 30-second ad spots.
“As younger generations increasingly migrate toward FAST channels in search of cost-effective entertainment due to rising subscription costs, this partnership is uniquely positioned to meet this growing demand,” said Transmit CEO Seth Hittman.
“The rise of subscription fatigue has created an opportunity for ad-supported models to thrive. By maximizing untapped advertising potential and providing a robust platform for advertisers to reach engaged, cost-conscious audiences without compromising their viewing experience, FAST publishers will be able to make the most of the ad-supported programming opportunity.”
Transmit offers advanced monetization products for streaming platforms, while Wurl has extensive expertise in the FAST space, powering thousands of free ad-supported channels.
Together, Wurl and Transmit provide a comprehensive, end-to-end solution that enhances both monetization and the viewer experience, making it easier for publishers to maximize the value of their content while providing advertisers with premium inventory.
“CTV viewership continues to grow, thanks in large part to greater viewer consumption and engagement on FAST,” said Dave Bernath, General Manager, Americas, Wurl. “It’s an exciting time and, together, we see Wurl and Transmit as leading the charge when it comes to driving innovation in this space. Ultimately, our goal is to create an effective ecosystem for everyone – boost monetization for publishers, drive better outcomes for advertisers, and deliver an engaging experience for viewers.”
SOURCE: EINPresswire