Raptive, the creator media company, announced a strategic partnership with the Black Owned Media Equity and Sustainability Institute (BOMESI) to connect advertisers to verified diverse creators at a scale that was previously challenging for advertisers and agency teams to attain.
Raptive is the #1 source of ad spend on diverse-owned media on the open internet. Today, 58% of total advertiser investment in this category flows to 400+ websites owned by diverse creators and publishers represented by the company. Raptive’s long-term alliance with BOMESI, a leading accelerator and advocate for sustainable investment in Black-owned media, will create a major opportunity for advertisers to partner with diverse creators and efficiently reach incremental, engaged audiences in trusted environments. Raptive’s diverse creators reach 40 million consumers monthly and represent brands across all content verticals.
The partnership enables Raptive clients to access curated media accredited by BOMESI. A portion of participating advertisers’ investment will be allocated to creating new programs and business models for collaboration between brands and diverse creators, which will further enable hundreds of independent media businesses. The companies will also host ancillary programs to expand the number of independent media outlets positioned to conduct business sustainably with the nation’s top advertisers.
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Raptive is committed to democratizing the media landscape and leveling the playing field for content creators from underrepresented groups. This strategic partnership will help connect advertisers seeking to activate inclusive investment strategies with successful, diverse creators.
The partnership builds upon Raptive’s Remarkable Voices initiative, which has enabled more than 100 BIPOC content creators to expand their digital brands into a sustainable, owned, and operated presence on the open web. Raptive provides today’s diverse landscape of creators with mentorship, community, and resources to help them monetize, grow, and future-proof their businesses.
BOMESI operates in a unique position, enabling industry partners to come together and contribute to equitable progress toward a shared internet and the right for representative stories to exist across all screens. In an effort to accelerate equitable growth for creators of all backgrounds, the partnership will enable BOMESI to expand its reach across various ongoing and future programs, and strengthen its global impact. To date, BOMESI has graduated 14 emerging publishers from its 3-month accelerator program, awarded more than $400k in non-dilutive grants, and is launching its third publisher accelerator cohort this month.
SOURCE: PRNewsWire