Bitcentral’s ViewNexa™ integrates Google DAI to maximize ad revenue in streaming

Jul 18 2023

Read on Broadcast Beat here.

Through Google DAI, ViewNexa customers get access to Google’s advertising marketplace, helping them to maximize revenue in the booming streaming landscape.

Bitcentral Inc., the provider of award-winning efficient media workflows for broadcast and digital video, has integrated Google DAI into its ViewNexa linear streaming service to provide more monetization opportunities in linear and live streaming. The integration provides ViewNexa customers with access to Google’s advertising features that are specific to Google’s IMA DAI SDK.

All ViewNexa customers can now utilize Google’s IMA SDK, opening up access to additional Google features and advertisers. With streaming services facing increased competition and economic factors affecting audience demand for multiple paid subscriptions, streaming services are looking at broadening their options for generating revenue. It is essential to business success that they maximize the potential average revenue per user (ARPU) and offering hybrid subscription/advertising or free, ad-based viewing are becoming increasingly popular options. Through ViewNexa’s integration with Google DAI, customers can access new and untapped monetization opportunities to help drive their businesses forward.

The integration also helps streaming companies tap into one of the fastest-growing segments of digital advertising, Connected TV (CTV), which, according to dentsu, is forecast to see ad spending increase 14.7% year-on-year in the United States. Such growth is driven by viewers increasingly embracing ad-supported streaming subscriptions to access their favorite shows, growing nearly 25% year over year to 55.2 million in the first quarter of 2023, according to data firm Antenna.

The integration also helps streaming companies tap into one of the fastest-growing segments of digital advertising, Connected TV (CTV), which, according to dentsu, is forecast to see ad spending increase 14.7% year-on-year in the United States. Such growth is driven by viewers increasingly embracing ad-supported streaming subscriptions to access their favorite shows, growing nearly 25% year over year to 55.2 million in the first quarter of 2023, according to data firm Antenna.

Read the full article here: www.broadcastbeat.com/Bitcentral