Since the advent of #generativeAI roughly two years ago, one concern has persisted among marketers contemplating the advantages of the #tech — bias. Agencies such as DDB, Monks and Huge, as well as generative AI marketing platform Pencil, hope to bolster their clients’ confidence through a mix of human corrections and technical fixes. The latter has this week unveiled a spread of new solutions its executives hope will quell client worries and provide a welded fix, if not a solution, for the issue. In this piece by Sam Bradley, we speak to Rebecca Sykes of The Brandtech Group, George Strakhov, Geert Eichhorn, and Alex Dalman.
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As President Joe Biden’s administration takes aim at cheaper Chinese products — think about the continually growing popularity of sellers like Temu and Shein — by increasing tariffs on said products, ad buyers hope the eventual ripple effects will be cheaper CPMs on Meta platforms. Earlier this year, an ad blitz from Temu had ad buyers, particularly those who work for direct-to-consumer brands, abuzz. Throughout the first quarter of 2024, Temu spent $46 million on paid social ads with 98% of that spend dedicated to Facebook, according to data from MediaRadar. Buyers at the time said that Temu’s increased ad spending on Meta had allegedly disrupted the market and boosted CPMs.
Buyers hope a proposed tariff on Chinese goods will disrupt the Temu and Shein ad blitz and lower Meta CPMs
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Cologne’s about to transform into a chaotic cocktail of code and K?lsch, where ad tech devotees descend for their annual pilgrimage. Brace for AI buzzwords, bratwurst bonding, and booth fatigue. With phones charged and livers steeled, attendees prepare to navigate this pixelated pandemonium. It can only mean one thing: #DMEXCO is upon us. The who’s who of ad tech are flocking to the conference — a place where hope springs eternal, no matter the industry’s woes. Last year, it was survival without third-party cookies in Chrome; the year before, advertising’s environmental footprint; before that, clawing back from the pandemic. Whatever catastrophe is on the docket, DMEXCO remains the refuge. And guess what? This year’s no exception.
The who's who of ad tech gathers to prepare for the industry’s next big shift
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Looks like big advertisers aren’t slamming the door on X just yet, even if their relationship with its owner, Elon Musk, is more drama than deal-making. How else do you explain 80 marketers showing up at X’s New York HQ yesterday (Sept. 17) for another client council session? It’s essentially X’s version of an upfront — where advertisers come to kick the tires and decide if the platform is still worth their ad dollars, despite the drama that makes it a risky bet.
X is on the hunt for more ad dollars at its latest client council meeting
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CEO Jeff Green hinted that even if The Trade Desk was to dive into the smart TV OS space, it wouldn’t necessarily mean cutting into someone else’s profits. He pivoted his response toward a broader vision: infrastructure. Green seemed to suggest that the real focus isn’t competition but building a bigger, shared foundation for the future of TV advertising.
The Trade Desk CEO denies Roku rival rumor amid reports it's building a smart TV operating system
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In the age of disrupted digital audiences, media companies are incentivized to constantly be counting clicks, pageviews and engagement — all while optimizing for how those metrics can be best monetized. But Long Lead, a long-form #journalism production company, wants to redefine the journalism business model to bring art back into the craft of journalism. Launched in 2020 by founding editor and longtime journalist John Patrick Pullen and hedge fund manager Bill Perkins, Long Lead’s mission is to give journalists the ability to tell their story in the most effective way possible — not the most efficient way possible. So rather than publishing stories as quickly as possible and monetizing them with advertising or paywalls, a freelance journalist can come to Long Lead with a pitch and work with the team to determine its best format: be it a documentary, a podcast, a book or a performance piece. Long Lead then provides the journalist with the technical resources, staffing, time and — most importantly — funding to create the project. Granted, that’s not a cheap feat. And while Long Lead has the luxury of being funded without having to fulfill a revenue goal just yet, Pullen explained that the expense of operating a business like this won’t detract from the journalists themselves. In fact, the journalists are all able to keep their own IP from the projects they create with Long Lead once it’s finished. On the latest episode of the Digiday Podcast, Pullen shares why Long Lead is focused on supporting the art of journalism and how his team determines the best format for different stories that come across his desk.
How long-form production company Long Lead is investing in the art of journalism
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Last year, the #esports company Nerd Street was teetering on the brink of becoming yet another casualty of esports winter. Today, the company’s emerged, battle-worn but standing, with a revamped business model and a fresh funding round — albeit at its lowest valuation ever.
What Nerd Street Gamers' 're-seed' funding round says about the future of esports
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This year, interactive and immersive experiences that engage storytelling have become essential for brands to connect directly with audiences. Finalists for the 2024 Digiday Awards have also leaned on cross-platform collaboration, data-driven personalization and culturally relevant elements to ensure brand messaging is both meaningful and impactful.
Amazon, Forbes Media, EssenceMediacom and Universal Pictures are finalists for this year’s Digiday Awards
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As #adtech rivals sought to compete with Google nearly a decade ago, the adoption of header bidding was so monumental to fighting the giant’s grip on the display ad market that it played a part in at least one major player’s IPO roadshow. “We were so excited about header bidding that when we went public we had potential investors watch a [explainer] video first,” said Jed Dederick, who is now The Trade Desk’s chief revenue officer. “We felt there was the opportunity to compete meaningfully that we wouldn’t have without it.”
Ad tech rivals reveal how Google stifled competition in DOJ antitrust testimony
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X boasts more monthly active users than Pinterest and Reddit, Inc. — according to, of course, #X. The social network reached more than 570 million monetizable monthly active users (MAUs) in the second quarter of 2024, according to a recent newsletter X sent to advertisers, that Digiday has seen. This has increased from 550 million in May. X also told advertisers that it now has more than 251 million monetizable daily active users (DAUs). The origin of this growth is still shrouded in mystery, but one thing’s certain: Brazil won’t be contributing any time soon.?#elonmusk
X claims to advertisers that it has a reach of 570 million monthly active users
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Managing Partner + Head of Social & Innovation
1 天前Thank you for the feature Digiday!