The Trade Desk Announces Ventura, a Revolutionary Streaming TV Operating System
20 November 2024 - 3:00PM
Business Wire
Ventura to Drive Major Efficiency Improvements
in Streaming TV Advertising
Disney, Paramount, Tubi and Sonos Showcase
Support
The Trade Desk (NASDAQ: TTD) today announced that it has
developed Ventura, an innovative new streaming TV operating system
(OS). The Trade Desk will partner with smart TV original equipment
manufacturers (OEMs) and other streaming TV aggregators to deploy
Ventura.
Ventura represents a major advance in streaming TV operating
systems as it solves key issues with prevailing market systems
today, including frustrating user experiences, inefficient
advertising supply chains, and content conflicts-of-interest.
The major benefits of Ventura include:
- A more intuitive, engaging user experience, including
cross-platform content discovery, personalization, subscription
management, and ultimately fewer (more relevant) ads.
- A much cleaner supply chain for streaming TV advertising,
minimizing supply chain hops and costs – ensuring maximum ROI for
every advertising dollar and optimized yield for publishers.
- Incorporating advances such as OpenPath and Unified ID 2.0
(UID2), Ventura will enable advertisers to value and price ad
impressions across all streaming platforms more accurately, while
finding relevant audiences with greater precision.
“We’re at a point in the evolution of streaming TV where we must
ensure the supply chain of streaming TV advertising is competitive
and transparent, so advertisers can maximize campaign performance,
publishers can fund this new golden age of TV, and consumers have a
better streaming TV ad experience,” said Jeff Green, CEO and
Founder, The Trade Desk. “This innovation has to come in the OS,
and it has to come from a company that brings the objectivity of
not owning any streaming TV content. At The Trade Desk, all we want
is a fair marketplace, where supply chain costs are minimized, and
advertiser trust can thrive.”
Ventura comes as more consumers use streaming platforms than
traditional cable TV; as almost every major media company has
launched an ad-supported streaming option for viewers; and as more
and more companies enter the streaming content aggregation
business.
“Everyone from OEMs to airlines and hotel chains are now in the
streaming TV aggregation business, and they’re all trying to figure
out the advertising business model while improving the viewer
experience,” said Matthew Henick, SVP Ventura, The Trade Desk.
“With our content objectivity and our scaled streaming TV
advertising demand, The Trade Desk is uniquely positioned to drive
innovation at this key moment.”
Industry Support
The Trade Desk expects that Ventura will be deployed by OEMs and
other streaming TV aggregators as early as 2025. Ventura is already
generating widespread industry support:
Jamie Power, SVP Addressable Advertising Sales, Disney
Advertising “As the streaming TV landscape rapidly evolves, we are
entering a new paradigm for TV advertising. These trends are driven
not only by consumer adoption but also by the innovation in the
marketplace. We look forward to seeing The Trade Desk continue to
drive innovation that will create more efficiency and a more
enjoyable TV experience.”
John Halley, President, Paramount Advertising “The Trade Desk
has been a great partner and real innovator in the programmatic
space, and we are excited to see them bring their approach to the
OS marketplace. Both broadcasters and consumers will undoubtedly
benefit.”
Paul Cheesbrough, CEO, Tubi Media Group “As viewers shift to
streaming, it’s imperative that advertisers can find their
audiences with precision and put as much of their campaign spend to
work as possible. We look forward to building upon our existing
partnership with The Trade Desk to bring this vision of a better
CTV supply chain to life across our portfolio alongside other
industry leaders.”
Patrick Spence, CEO, Sonos “At Sonos, we are committed to
providing our customers with the very best home entertainment
experience. We are excited to explore the integration of premium
audio and video with The Trade Desk and the Ventura OS.”
The Trade Desk™ is a technology company that empowers buyers of
advertising. Through its self-service, cloud-based platform, ad
buyers can create, manage, and optimize digital advertising
campaigns across ad formats and devices. Integrations with major
data, inventory, and publisher partners ensure maximum reach and
decisioning capabilities, and enterprise APIs enable custom
development on top of the platform. Headquartered in Ventura, CA,
The Trade Desk has offices across North America, Europe, and Asia
Pacific. To learn more, visit thetradedesk.com or follow us on
Facebook, Twitter, LinkedIn and YouTube.
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version on businesswire.com: https://www.businesswire.com/news/home/20241120619659/en/
Media Contact Melinda Zurich The Trade Desk
melinda.zurich@thetradedesk.com
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