BREAKING: Intent IQ Sues tvScientific Over Patent That Covers Its Entire Business, Threatening Pinterest’s $300M+ Acquisition

Intent IQ Sues tvScientific Over Patent That Covers Its Entire Business, Threatening Pinterest’s $300M+ Acquisition
By Peasch Lattin
Intent IQ, the patent-holding ad tech company that has already won $122 million from Amazon and secured licensing deals with Meta, Microsoft, Roku, and Samsung, has filed a patent infringement lawsuit against tvScientific that targets essentially everything the CTV advertising platform does. And according to an Intent IQ insider, tvScientific knew the lawsuit was coming before Pinterest agreed to buy the company.
The lawsuit, filed January 27, 2026 in the U.S. District Court for the District of Delaware (Case No. 1:26-cv-00089), asserts that U.S. Patent No. 8,677,398, covering “systems and methods for taking action with respect to one network-connected device based on activity on another device connected to the same network,” is infringed by tvScientific’s platform.

READ THE FULL ARTICLE HERE:
There’s Nothing Left
What makes this case extraordinary is its scope. Unlike Intent IQ’s previous patent suits, which targeted specific features or components within larger companies, this lawsuit goes after every single part of TVScientific’s business. The complaint doesn’t carve out a product line or a peripheral capability. It names:
Advanced TargetingCTV Targeting SegmentsWeb-to-TV RetargetingThe tvScientific pixelCTV RetargetingIP TargetingCTV measurementCTV attribution
That is not a slice of tvScientific’s business. That is tvScientific’s business. There is virtually nothing in the company’s product offering or business model that falls outside the reach of Intent IQ’s claims. When Intent IQ sued Amazon, it targeted cross-device campaigns as one piece of Amazon’s sprawling ad tech operation. When it went after Roku, it focused on targeted TV advertising capabilities. But with tvScientific, every product, every feature, every revenue stream is accused of infringement.
The fundamental premise of tvScientific, targeting users across devices, retargeting web visitors on their connected TVs, and measuring and attributing outcomes across screens, is precisely what Intent IQ’s patent covers: taking action on one networked device based on what happened on another.
Intent IQ is not just seeking damages. The company is asking for a permanent injunction that would bar tvScientific from continuing to use the accused technology, which would effectively shut down the platform.
It has also asked the court to declare this an “exceptional case” under 35 U.S.C. § 285, opening the door to attorneys’ fees, a signal that Intent IQ views the infringement as particularly clear-cut. The company is asserting only method claims, which under 35 U.S.C. § 287 means patent marking requirements don’t apply, potentially allowing damages to stretch further back than in a typical patent case.
The Pinterest Acquisition: A $300 Million Problem That Could Become a $900 Million Problem
The timing of this lawsuit is critical. On December 11, 2025, Pinterest announced a definitive agreement to acquire tvScientific, with the deal expected to close in the first half of 2026. Sources cited by Digiday estimated the deal’s value at $300 to $350 million, with tvScientific generating approximately $100 million in annual revenue. Pinterest told investors the acquisition would not have a material impact on its financial results.
That characterization now looks deeply problematic.
Intent IQ won $122 million from Amazon on a similar patent claim, and Amazon was just one company using cross-device targeting as part of a much larger business.
tvScientific’s entire operation is built on the allegedly infringing technology. If damages are calculated as a reasonable royalty on substantially all of tvScientific’s revenue, combined with the potential for enhanced damages in an “exceptional case” finding, plus attorneys’ fees, plus the possibility of an injunction that could shut the platform down entirely, the potential liability could exceed the purchase price of the company itself.
According to one industry insider familiar with the case, the total cost of the lawsuit, including potential damages, licensing fees, legal costs, and operational disruption, could effectively triple the cost of the acquisition, adding as much as $600 million in additional exposure on top of the purchase price. That would put Pinterest’s total cost for tvScientific in the range of $900 million to $1 billion for a company generating $100 million in annual revenue, and one whose right to continue operating its core technology is now in question.
Put simply: Pinterest may be paying $300 million or more for a company whose core technology is now the subject of a patent infringement suit that could cost even more to resolve, or that could result in a court order preventing the acquired business from operating at all.
tvScientific Knew
According to a source with knowledge of Intent IQ’s operations, tvScientific had been given notice of the patent claims before Pinterest announced the acquisition in December 2025. If confirmed, this raises serious questions about what tvScientific disclosed to Pinterest during due diligence.
Separately, Pinterest staff who spoke off the record said they had no prior knowledge that this lawsuit was coming. One Pinterest employee said: “This is a huge issue if Jason Fairchild knew of the potential lawsuit and didn’t tell Pinterest.”
M&A transactions of this size routinely require the target company to disclose pending or threatened litigation as part of due diligence. Representations and warranties in acquisition agreements almost always cover known legal risks. If tvScientific’s leadership was aware that Intent IQ, a company that has been aggressively suing CTV and cross-device ad tech companies for years, had put them on notice, the failure to disclose that to Pinterest could have significant legal consequences for the deal itself.
Even setting aside specific notice, it would be difficult for any company operating in CTV ad tech to claim ignorance of Intent IQ’s litigation campaign. Intent IQ currently has 28 patent litigation cases, 17 of which are still active. Its targets have included Amazon, AWS, Microsoft’s LinkedIn and Xandr units, Lotame, Roku, Comcast’s FreeWheel, Viant, and LiveIntent. Its legal counsel has openly stated that in some years, Intent IQ earns more from patent litigation than from its actual ad tech and data business.
Intent IQ’s Track Record
Intent IQ has been remarkably effective in enforcing its patent portfolio. A jury awarded the company $122 million in its case against Amazon, which targeted cross-device campaign capabilities based on consumer profiles. Many of the industry’s biggest names, including Meta, Microsoft, Roku, Samsung, and FreeWheel, chose to settle and take licenses rather than litigate.
Intent IQ’s leadership has repeatedly described its patent portfolio as “foundational” to the online advertising industry, asserting IP ownership over what the company views as ad tech’s basic building blocks. A former dataxu product executive who was at Roku when Intent IQ sued that company said Intent IQ “claimed a broad patent on targeted TV advertising based on any online data.”
There is an active legal challenge that could change the landscape. Meta is leading a case, joined by Roku, arguing that Intent IQ’s patents shouldn’t be patentable because they cover processes obvious to anyone working in the field. A judge allowed that case to proceed in August 2024. If that challenge succeeds, it could undermine the tvScientific suit, but that outcome is far from certain, and the litigation could take years to resolve.
What Pinterest Must Disclose
Pinterest is scheduled to report its Q4 and full year 2025 earnings on February 12, 2026, just days away. The company’s most recent 10-K already notes that Pinterest “is presently involved in intellectual property litigation and expect to continue to face allegations from third parties, including our competitors and non-practicing entities.” But that is generic boilerplate.
The Intent IQ lawsuit against tvScientific is not generic. It threatens the entire value of an acquisition Pinterest has agreed to make. Investors will reasonably expect Pinterest to address this in its upcoming filing or on its earnings call, including whether the company was aware of the litigation risk before signing the deal, whether tvScientific made representations about IP exposure, and whether the “not material” characterization of the acquisition still holds.
If Pinterest was not informed of the Intent IQ risk before agreeing to the deal, it could have grounds to renegotiate terms, seek indemnification, or potentially walk away from the transaction, depending on how the acquisition agreement is structured. If Pinterest was informed and chose not to disclose the risk to investors, that presents a different set of problems entirely.
The Bigger Picture
For the CTV advertising industry, this lawsuit is another reminder that Intent IQ holds patents it considers foundational to how cross-device targeting and attribution work, and it has demonstrated both the willingness and the ability to enforce them at scale. Every company in the space that relies on connecting activity across devices to serve or measure ads is potentially in Intent IQ’s crosshairs.
For Pinterest, the most immediate concern is whether the deal it struck in December is still the deal it wants to close. And for tvScientific’s leadership, the question is what they knew, when they knew it, and who they told.
Two Pinterest board members, contacted independently, both confirmed they had not yet been informed of the Intent IQ lawsuit against tvScientific and said they would be addressing the matter soon. C-Level staff at tvScientific, when reached said they were also not aware of the lawsuit.

Pinterest’s investor relations and public relations teams were not available for comment. tvScientific and Intent IQ did not immediately respond to requests for comment.
This is a breaking story, and will be updated.
The case is Intent IQ, LLC v. tvScientific, Inc., Case No. 1:26-cv-00089, U.S. District Court for the District of Delaware.

Eleventh Circuit Vacates TCPA One-to-One Consent Rule Immediately Following FCC Postponing the Effective Date

On the eve prior to its effective date, the FCC’s One-to-One Consent Rule which sought to redefine the meaning of “prior express written consent” under the Telephone Consumer Protection Act, was postponed for one year by order of the FCC’s Consumer and Government Affairs Bureau. Just minutes thereafter, the rule was struck down by the U.S. Court of Appeals for the Eleventh Circuit.

Background

The Telephone Consumer Protection Act (TCPA) , in part, requires callers to possess ​“prior express consent” when making non-emergency telephone calls to cell phones using an automatic telephone dialing system, or artificial or prerecorded voice; and telephone calls to residential telephone lines using an artificial or prerecorded voice (with limited exceptions).

In 2012, the Federal Communications Commission established that the foregoing calls (including SMS text messages) for marketing purposes must have ​“prior express written consent,” defined as ​“an agreement, in writing, bearing the signature of the person called that clearly authorizes the seller to deliver or cause to be delivered to the person called advertisements or telemarketing messages using an automatic telephone dialing system or an artificial or prerecorded voice, and the telephone number to which the signatory authorizes such advertisements or telemarketing messages to be delivered.”

The FCC Consumer and Government Affairs Bureau Postpones Effective Date of the TCPA One-to-One Consent Rule

On January 24, 2025, the FCC announced that it has postponed the effective date of the one-to-one consent rule.  “By this Order, we postpone the effective date for revisions to section 64.1200(f)(9) of the Commission’s rules, 47 CFR § 64.1200(f)(9), by 12 months, to January 26, 2026, or until the date specified in a Public Notice following a decision from the court reviewing a challenge to the new rule on the petition filed by the Insurance Marketing Coalition (IMC), whichever is sooner.”

The announcement also states, in pertinent part, that “we find that justice requires postponement of the effective date pending judicial review of the adopted rule.”

As stated by the Acting Chief, Consumer and Governmental Affairs Bureau, “[t]he previous requirements for prior express written consent in 47 CFR § 64.1200(f)(9) under the Telephone Consumer Protection Act (TCPA) will meanwhile remain in effect.  We will provide notice of the new effective date, if any, through publication of a Public Notice in the Federal Register.”

The Second Text Blocking Report and Order revised section 64.1200(f)(9) of the Commission’s rules.

Second Text Blocking Report and Order, 38 FCC Rcd at 12258-69, paras. 30-53.  The Second Text Blocking Report and Order adopted several additional provisions, that are not postponed.  Specifically, the FCC required terminating mobile wireless providers to block text messages from a particular number following notification from the Commission unless their investigation determines that the identified text messages are not illegal; the Commission codified that the National DNC Registry’s protections apply to text messages; and the Commission encouraged providers to make email-to-text a service that consumers proactively opt into.

The Federal Communications Commission published the revised 47 CFR § 64.1200(f)(9) in the Federal Register on January 26, 2024 (Targeting and Eliminating Unlawful Text Messages, Implementation of the Telephone Consumer Protection Act of 1991, Advanced Methods To Target and Eliminate Unlawful Robocalls, 89 Fed. Reg. 5098 (Jan. 26, 2024)), with an effective date of January 27, 2025 (Effective Date for One-To-One Consent Rule Set for January 27, 2025, CG Docket Nos. 02-278, 21-402, 17-59, Public Notice, DA 24-1154 (CGB Nov. 19, 2024)).

IMC filed a petition for review of the revised section 64.1200(f)(9) in the Second Text Blocking Report and Order in the Eleventh Circuit on January 26, 2024 (Insurance Marketing Coalition v. FCC, No. 24-10277 (11th Cir.), filed Jan. 26, 2024.  IMC also petitioned the Commission for stay of this revision pending judicial review.  Insurance Marketing Coalition, Ltd, Petition for Partial Stay Pending Judicial Review, CG Docket Nos. 02-278, 21-402, 17-59 (Mar. 21, 2024) (IMC Petition for Stay).  The Commission did not act on that petition.  IMC subsequently filed a petition in the Eleventh Circuit for a judicial stay, which the Commission opposed and the court denied.  See Insurance Marketing Coalition, Ltd. v. FCC, No. 24-10277 (11th Cir. May 30, 2024) (denying stay)).

The court heard oral arguments on December 18, 2024, and its review in this matter remains pending.

“We find that justice requires postponing the effective date of the new rule pending judicial review.  We take this action sua sponte under section 705 of Title 5, which provides: “When an agency finds that justice so requires, it may postpone the effective date of action taken by it, pending judicial review.”

Several commenters expressed serious concerns about their ability to comply with the revised prior express consent rule by January 27, 2025.

Since the adoption of the Second Text Blocking Report and Order, several submissions have asked the Commission to revise or postpone the rule and have made a clear showing of the rule’s compliance burden.  See, e.g., Letter from attorney for LendingTree to Secretary, FCC (Dec. 6, 2024) (requesting a revision to the new rule to permit “curated comparison shopping”); Letter from attorney for IMC to  Secretary, FCC (Dec. 3, 2024) (stating that there would be adverse consequences from the Commission’s “one-to-one” and “logically and topically associated” consent requirements on small businesses); Letter from attorney for REACH to Secretary, FCC (Oct. 21, 2024) (requesting that the Commission change the phrase “one identified seller” to “one identified seller, entity, or brand” to alleviate many of the unintended consequences stemming from the current language of the one-to-one rule); Letter from  attorney for QuinStreet to Secretary, FCC (Sept.13, 2024) (requesting that the Commission adopt LendingTree’s proposal for a narrow exception to the one-to-one consent rule for “curated comparison-shopping platforms”); Letter from attorney for LendingTree to Secretary, FCC (Jul. 12, 2024) (“small businesses will suffer a loss when compared to nationwide, name brand providers”); IMC Petition for Stay at 20 (“Absent a stay, IMC and its members will suffer irreparable harm from the Order, including damage to their business operations, significant compliance costs, and chilling of their speech.”).

The submissions the FCC received from commenters since adopting the Second Text Blocking Report and Order “now persuade us that allowing the rule to take effect on January 27, 2025, likely will cause significant burdens for multiple parties at a time when—following oral argument before the Eleventh Circuit on December 18, 2024—judicial review of the rule is likely nearing completion.”

Given the advanced stage of the pending judicial proceeding, the FCC announced that it is in the interest of justice to provide a limited postponement of the effective date of the rule to avoid imposing new burdens on parties while the court is adjudicating challenges to the rule and to avoid subjecting texters and callers acting in good faith to the risk of having to defend themselves against private suits seeking statutory damages for a period in which the rule is still undergoing judicial review.

Further, the announcement states that “providing additional time may facilitate the industry’s compliance with the rule if the court upholds it.  And a time-limited postponement to maintain the regulatory status quo while judicial review is completed will not pose any undue harm to the public interest.”

For these reasons, the FCC found that “justice requires postponement of the effective date of the rule” and therefore postponed the effective date for the revised 47 CFR § 64.1200(f)(9) of the Commission’s rules by 12 months, to January 26, 2026, or until, following a decision from the Eleventh Circuit, the Commission issues a Public Notice specifying a sooner date, in which case that sooner date would apply.

Should the Eleventh Circuit uphold the rule (or portions of the rule), the Commission will issue a Public Notice not more than 15 business days from the date on which the court issues its decision, announcing an effective date that is not more than 90 days from the date on which the judicial mandate issues following the court’s decision.

Accordingly, it has been ordered that pursuant to the authority contained in sections 1-4 of the Communications Act of 1934, as amended, 47 U.S.C. §§ 151-154, section 10(d) of the Administrative Procedure Act, 5 U.S.C. § 705, and sections 0.141 and 0.361 of the Commission’s rules, 47 CFR §§ 0.141, 0.361, the effective date for the revised 47 CFR § 64.1200(f)(9) is postponed to January 26, 2026 or until the date specified in a Public Notice published in the Federal Register following a decision from the court on the petition filed by the IMC, whichever is sooner.

U.S. Court of Appeals for the Eleventh Circuit Subsequently Vacated TCPA One-to-One Consent Rule

The foregoing FCC Consumer and Government Affairs Bureau order clearly stated that the postponement was based upon the pending Eleventh Circuit matter.  Immediately following the GAB issuing its order, the U.S. Court of Appeals for the Eleventh Circuit vacated the portion of the December 2023 TCPA order that announced the TCPA one-to-one consent rule and remanded the matter to the FCC for further proceedings.

In short, the Eleventh Circuit was tasked with considering a challenge by the Insurance Marketing Coalition relating to the legality of the one-to-one consent rule.  Specifically, the December 2023 FCC order that amended the definition of ​“prior express written consent” by requiring a consent agreement to be specific to ​“no more than one identified seller” and be ​“logically and topically associated with the interaction that prompted the consent.”

In a unanimous decision by judges that were all appointed by President Trump, on January 24, 2025 it was held that  ​the FCC exceeded its statutory authority under the TCPA because the 2023 Order’s new consent restrictions impermissibly conflict with the ordinary statutory meaning of ​prior express consent.  Importantly, the court opined that the TCPA does not define ​prior express consent and that common law principles should be considered with analyzing the phrase.

With respect to the one-to-one consent requirement, the court held:

“[O]ur cases show that to give “prior express consent” to receive a robocall, one need only ‘clearly and unmistakably’ state, before receiving the robocall, that he is willing to receive the robocall. One-to-one consent is not required. Because the one-to-one-consent restriction attempts to alter what we have said is the ordinary common law meaning of ‘prior express consent,’ the restriction falls outside the scope of the FCC’s statutory authority to “implement” the TCPA.”

Additionally, the court held that the FCC’s own brief provides even more support for the court’s conclusion because it concedes that a consumer could give ​“prior express consent” to numerous intermediaries under the TCPA where its 2023 Order states otherwise.

The court then turned its attention to the “logically and topically related” issue.  In doing so, the court held that the FCC exceeded its authority under the TCPA.  “[W]hether a consumer can be ​presumed to consent to robocalls in a particular situation says nothing about whether a consumer has in fact consented to robocalls in that situation.  As long as the consumer clearly and unmistakably states, before receiving the robocall, that he is willing to receive the robocall, he has given prior express consent under the TCPA.”

In summary, the court noted that the FCC has decreed a duty that the statute does not require and that the statute does not empower the FCC to impose. “The FCC therefore exceeded its statutory authority in redefining ‘prior express consent’ to include the additional ‘prior express consent’ restrictions.”

The court concluded that the FCC exceeded its authority:

“Agencies have only those powers given to them by Congress, and enabling legislation is generally not an open book to which the agency can add pages and change the plot line.”

The ruling by the Eleventh Circuit vacates the TCPA One-to-One Consent Rule in its entirety, with massive implications for lead generators. It is anticipated that the FCC will address the Eleventh Circuit ruling, shortly.

Richard B. Newman is an FTC compliance and defense attorney at Hinch Newman LLP. Follow FTC defense lawyer on National Law Review.

Informational purposes only. Not legal advice. This article is not intended to and should not be construed as legal advice. May be considered attorney advertising.

The Good, the Bad, and the SPO-ly

The Hidden Flaws Behind Ad Tech’s Favorite Buzzword.


Supply Path Optimization (SPO) is my love-hate relationship in ad tech personified. It’s the reason I fell for this industry’s maddening brilliance—and why it sometimes feels like a bad rom-com where no one learns their lesson. At its core, SPO promises efficiency, transparency, and accountability, and when it works, it’s like watching a Rube Goldberg machine perform flawlessly. But when it doesn’t—and let’s be honest, that’s most of the time—it’s just a convoluted mess of hidden fees, questionable inventory, and a lot of people pretending they understand it.

I love SPO for the same reasons I can’t quit ad tech: it’s complex, innovative, and occasionally delivers moments of pure genius. But I also hate it for the same reasons I roll my eyes at this industry daily: it overpromises, underdelivers, and leaves everyone arguing over who’s to blame. SPO, like ad tech, is the classic “we have to laugh, or we’ll cry” situation.

So, here’s the deal: let’s make it work. Let’s turn SPO into the streamlined, transparent game-changer it’s supposed to be, rather than another overhyped buzzword clogging up conference panels. It’s messy, it’s flawed, and it drives me up the wall—but I’m not giving up on it. 

After all, isn’t that what ad tech is all about? Chaos, creativity, and figuring it out just before the deadline.

 Let’s dig into the dirt and clean this thing up.

1. Opaque Cost Structures: The Hidden Toll Booths of Adland

Imagine walking through a shopping mall where every store has a hidden toll booth outside, charging you random amounts just to enter. That’s the SPO cost structure in a nutshell. While SPO is sold as the knight in shining armor, slashing the infamous “ad tech tax,” it often just reconfigures the same tolls into more creatively hidden fees. SSPs and DSPs whisper sweet nothings about efficiency while quietly siphoning off dollars that should be spent on actual ads.

Advertisers think they’re saving a bundle, but the reality is closer to playing a rigged game of three-card monte. Without full transparency, it’s impossible to know where your dollars are going—and whether the supposed “premium” inventory is worth the markup. Meanwhile, publishers are stuck wondering if they’ll ever see a fair share of the pie, or if the ad tech middlemen are eating all the good slices.

Solution: Demand radical transparency. Push for open ledgers that detail every cost in the supply chain, from SSP fees to DSP charges. And yes, this will ruffle feathers—ad tech loves its opacity more than a magician loves a locked box. But if buyers and publishers unite, they can flip the table on this bad hand and start insisting on truth in pricing.

2. Buyer-Driven Bias: The Big Kids Hogging the Sandbox

SPO was supposed to democratize ad spend, but instead, it’s turned into a gated community for the biggest players. Buyers cozy up to a handful of SSPs and call it “optimization,” but what they’re really doing is giving the finger to independent publishers. Small, niche sites—the ones with highly engaged audiences—get shoved out of the game like they forgot the secret handshake.

This favoritism is a one-way ticket to a bland, homogenized internet where every ad appears on the same five sites. Diversity? Gone. Innovation? Crushed under the weight of predictable media buys. By prioritizing buyer demands over publisher needs, SPO is essentially a bad Tinder match that ghosted the indie publishers after a single swipe.

Solution: Start rewarding diversity in the supply chain. Mandate that SPO algorithms include quotas for independent publishers or niche inventory. Yes, it’s a bit like affirmative action for ad tech, but without it, the ecosystem risks becoming a monoculture of mediocrity. Remember, buyers: today’s small publishers could be tomorrow’s game-changers—if you don’t starve them out first.

3. Limited Transparency in Inventory Quality: Junk In, Junk Out

SPO tools love to brag about their ability to prioritize “premium inventory,” but let’s be honest—it’s often more about serving the cheapest inventory that barely meets the definition of “not garbage.” Think of it like grocery shopping blindfolded: sure, you’ll get a cart full of stuff, but half of it will be expired, and some might just be rocks labeled as apples.

Advertisers are lured into believing their ads are running in the digital equivalent of a Michelin-star restaurant, only to find out later they’ve been slumming it in a greasy spoon. Worse, fraudsters have gotten savvier, sneaking their trash inventory into these “optimized” paths like a smuggler at customs. The result? Brand safety nightmares and plummeting ROI.

Solution: Build better inventory vetting systems. This means forcing SSPs and DSPs to disclose real-time inventory quality metrics, verified by independent auditors. If an SSP can’t prove its inventory is squeaky clean, kick them out of the rotation. Advertisers should also use AI tools to sniff out fraud before it eats half the budget like a digital termite.

4. Inflexible Optimization Rules: Frozen in Time

SPO frameworks are like that friend who only listens to 90s music—they’re stuck in the past, even as the world moves on. Programmatic CTV? Retail media networks? Dynamic audience shifts? SPO tools are often too rigid to keep up, which means advertisers are missing out on the cutting edge while their “optimized” supply chain plays catch-up.

The problem is that SPO systems rely on rules set by humans—rules that are often based on data from yesterday, not the emerging trends of tomorrow. This rigidity locks buyers into inefficiencies that make them slower than a grandma using a rotary phone in the age of smartphones.

Solution: Time to introduce machine learning and adaptive SPO algorithms. These systems need to evolve in real time, learning from live market trends and adjusting supply paths accordingly. The days of static rules are over—if your SPO system can’t pivot faster than a TikTok trend, you’re doomed to irrelevance.

5. Fragmented Identity and Measurement: The Missing Puzzle Piece

Identity in ad tech is the ultimate whodunit mystery: who’s watching this ad, and how do I know it’s working? Without consistent identity resolution, SPO becomes a game of darts in the dark. Fragmented data makes it nearly impossible to target or measure effectively, leaving advertisers throwing money into a black hole and hoping for the best.

This isn’t just a mild inconvenience—it’s a full-blown existential crisis for SPO. If you can’t connect the dots across channels, you’re not optimizing anything; you’re just rearranging deck chairs on the Titanic. And don’t even get us started on attribution—trying to assign credit in this mess is like asking a group of toddlers to agree on who gets the last cookie.

Solution: Invest in unified ID solutions that work across all channels. Industry players need to stop hoarding their proprietary identity tools and start collaborating. If everyone’s using a different set of IDs, we’ll never get a clear picture of what’s working. It’s time to put aside petty rivalries and build a unified framework—or risk watching the whole house of cards collapse. And let’s be honest, only the Trade Desk’s Unified ID Solution 2.0 is the only one that actually works.

SPO needs a radical rethink. Without transparency, flexibility, and collaboration, it’s just another buzzword propping up an inefficient, fragmented system. The ad tech industry loves its jargon, but it’s time to back it up with real change—or watch advertisers and publishers find alternatives that cut out the middlemen entirely.

 2024: Goodbye Impressions, Hello Attention

Attention Metrics: The Ad Industry’s New Favorite Buzzword 

2024 will forever be known as the year advertisers got collectively obsessed with attention metrics. And why wouldn’t they? It’s shiny, it’s new-ish, and it promises to fix all your campaign woes in one glorious swoop. 

Forget the same old KPIs like impressions or click-through rates—those are so last decade.

 Now, it’s all about how well you can grab and hold someone’s precious attention.

The Numbers Don’t Just Talk—They Scream

According to a November 2023 report by the Interactive Advertising Bureau (IAB), 47% of U.S. brands and agencies have leaned into attention metrics this year. A March 2024 follow-up revealed 24% of agency and marketing pros are turning to attention data to plug the gaps left by their floundering measurement strategies. Why? Because while third-party cookies are being dismantled like a bad Lego set, attention metrics promise to be the duct tape that holds everything together.

Breaking it down: attention metrics, per the IAB, are a smorgasbord of methods that could include anything from eye-tracking to surveys. Here’s a taste of what’s on the menu:

  • Visual and audio tracking: Think eye tracking and facial coding, which can determine whether a viewer is actually looking at your ad or just pretending.
  • Physiological tracking: Heart rate, blood pressure, maybe even brain waves if we’re getting fancy.
  • Data signals: Ad placement, publisher metadata, and the actions users take while engaging with your ad.
  • Survey-based methods: The classic focus groups and brand health studies, still alive and kicking.

Of course, some of these methods require devices that scream “science fair experiment,” while others just lean on the technology already baked into your ad ecosystem. 

But let’s be honest: anything involving heart rates and biometric scans is a hard sell for the average marketer, let alone their CFO.

Why Marketers Are Loving Attention Metrics

The IAB has rolled out the red carpet for attention metrics, hailing them as the belle of the ad-tech ball. And honestly, it’s not hard to see why. When your industry’s lifeblood—third-party cookies—is being phased out faster than millennials ditching cable TV, you start looking for alternatives. Enter attention metrics, stage left, offering a trifecta of benefits so shiny, they’re practically wearing sequins.

Instant Feedback: The Snarky Best Friend Your Campaign Didn’t Know It Needed

Remember the days when you had to wait until a campaign was over to figure out if it worked? Attention metrics laugh in the face of such inefficiency. These tools serve up in-flight insights with the kind of speed that would make Usain Bolt jealous. They’re like the snarky best friend who tells you, mid-outfit change, that those shoes do not match the dress. Your ad isn’t performing? Fix it now, not six months later when the quarterly report drops.

For marketers, this means real-time course correction. Is your audience scrolling past your ad like it’s a Terms & Conditions popup? Time to rework that creative. Are they lingering a bit too long on a confusing call-to-action? Rewrite it before they bounce. Attention metrics make sure you’re not just throwing spaghetti at the wall and hoping some sticks—they tell you which noodle landed and why.

Scalability: The Universal Remote of Ad Measurement

If there’s one thing marketers hate, it’s inefficiency. Nobody has time to juggle one measurement tool for retail, another for CTV, and yet another for TikTok influencers hawking skincare products. Attention metrics promise to scale effortlessly across industries, verticals, and platforms, making them the Swiss Army knife of ad measurement.

Whether you’re a Fortune 500 brand or a scrappy startup, these metrics give you the tools to compare campaign performance in every corner of your marketing mix. Need to benchmark your beauty brand against a fast-food chain? Sure, why not. Want to track how your campaign does on Instagram versus connected TV? Easy peasy. Attention metrics are the one-size-fits-all pants of data—because, let’s face it, nobody has the budget for bespoke tailoring anymore.

No Cookies? No Problem

Let’s talk about cookies—the digital kind, not the ones you secretly snack on during Zoom calls. With privacy laws like GDPR and CCPA tightening their grip and browser giants like Apple and Google pulling the plug on third-party tracking, marketers have been scrambling for alternatives. Enter attention metrics, a privacy-first solution that doesn’t rely on following users around the internet like a stalker in a bad rom-com.

Instead of invasive tracking, attention metrics focus on how people engage with your ad in the moment. Did they watch it all the way through? Did they hover over your product carousel? These insights don’t require peeking into someone’s browser history, which means you get actionable data and keep your conscience (and legal team) clean.

The Shiny New Standard (With Strings Attached)

Put it all together, and attention metrics start to look like the gold standard marketers have been waiting for—especially in a post-cookie world where everyone’s tiptoeing around privacy minefields. They’re fast, flexible, and don’t involve you knowing your audience’s shoe size and favorite breakfast cereal.

The Fine Print: What’s the Catch?

For all their promise, attention metrics aren’t exactly perfect. Let’s start with the obvious: they don’t tell you why someone’s paying attention. Sure, you know someone stared at your ad for five seconds, but were they enthralled or horrified? And if they fast-forwarded through it, does that mean they hate your brand—or just needed a bathroom break?

Then there’s the issue of bias. As the IAB notes, attention metrics rely heavily on context. For instance, muting an ad doesn’t always mean disengagement. Sometimes, you just need to silence a screaming toddler while trying to shop for a new blender.

Finally, there’s the elephant in the room: access. Not all platforms or environments are eager to share the kind of data attention metrics rely on. Walled gardens like YouTube and Spotify play their cards close to the chest, and smart TVs and podcasts aren’t exactly easy to track. Even with tools like JavaScript tags and server-to-server integrations, there are limits to what you can measure.

Enter the Big Players: Nielsen, IAS, and Adelaide

For all the skepticism and eyebrow-raising, attention metrics are undeniably the “it” girl of ad measurement in 2024. The deals are flying faster than holiday ads in October, and the industry heavyweights are scrambling to get a piece of the action. Let’s take a closer look at some of the players who are doubling down on attention metrics like they’ve found the Holy Grail—or at least the next best thing to third-party cookies.

Nielsen and Realeyes: Building the Franken-metric Machine

First up, we’ve got Nielsen, the granddaddy of measurement, teaming up with Realeyes, a leader in attention analytics. This is the kind of pairing that screams “legacy meets disruption.” Realeyes brings its AI-powered tools and human-based analysis to the table, offering insights into attention patterns with the precision of a laser pointer on a cat. Nielsen, never one to miss a trend it can fold into its already overstuffed portfolio, plans to integrate these tools into its outcomes-based services.

Translation: Nielsen is betting that attention will be the next big metric brands will fork over cash to understand. And when Nielsen bets, it bets big. They’re basically saying, “We’ve done viewability, we’ve done reach, now let’s figure out who’s actually paying attention and what that means for sales.” If this works, Nielsen could become the Oprah of attention metrics—handing out insights like, “You get attention! You get attention! Everyone gets attention!”

IAS and Lumen: Adding Shine to Programmatic

Meanwhile, Integral Ad Science (IAS) is stepping into the ring with Lumen Research to launch their shiny new toy, “Quality Attention Optimization.” Don’t let the name fool you—it’s not just a buzzword buffet. IAS and Lumen are targeting programmatic and social media campaigns, where attention metrics could be a game-changer. Why? Because programmatic ads have historically been the Wild West of digital marketing, with dubious inventory and questionable engagement rates.

By measuring how ads perform on platforms where attention spans are shorter than a toddler’s, IAS is effectively trying to make sense of the chaos. It’s the ad-tech equivalent of corralling feral cats—if they pull it off, they’ll have marketers eating out of their hands.

Adelaide and Its “Attention Units” (AUs): Playing the Long Game

Then there’s Adelaide, the scrappy disruptor of the bunch, doubling down on its proprietary “Attention Units” (AUs). They’re not just throwing these metrics into the wind and hoping they stick—they’ve submitted them to the Media Rating Council (MRC) for accreditation. If they get that coveted stamp of approval, it’ll be a game-changer. Why? Because MRC accreditation is the ad industry’s version of the Michelin Guide. It’s not easy to get, but when you do, it screams credibility.

Adelaide isn’t stopping there. They’re also integrating their AUs into publisher tools, meaning they’re not just appealing to advertisers but trying to sell the whole ecosystem on the value of attention metrics. It’s a bold move, but if it works, Adelaide could become the Kleenex of attention measurement—a brand so synonymous with the category that everyone else becomes “those other guys.”

The New York Times: Reinventing Old-School Media

Even the legacy publishers are getting in on the attention game. The New York Times, long considered the standard-bearer of print, is partnering with Adelaide to benchmark its ad inventory with attention data. It’s a bold pivot for a company that could easily rest on its laurels, selling ad space based on prestige alone. Instead, they’re leaning into attention metrics to prove their inventory isn’t just premium—it’s impactful.

The Times isn’t stopping there. They’ve committed to tying attention metrics directly to advertiser performance, which is basically the publishing equivalent of putting their money where their mouth is. In other words, they’re saying, “We’ll show you exactly how our ads drive engagement, not just impressions.” It’s a clever way to keep advertisers coming back for more and to remind everyone that print isn’t dead—it’s just evolving into something smarter and more accountable.

The Biometric Buzzkill

Biometric tracking might sound like the high-tech future of advertising, but let’s be real—it’s teetering on the edge of “Black Mirror” territory. Eye-tracking? Heart-rate monitoring? It’s all very Tony Stark designing the next Iron Man suit in theory, but in practice? It’s a bit like asking your audience to wear a Fitbit while watching an ad for cat litter. Sure, it might give you insights, but at what cost?

For starters, it’s invasive. You’re essentially asking people to offer up their biometric data—arguably the most personal information they have—just to see if they paid attention to your ad. It’s like inviting someone over for dinner and asking for their blood type at the door. On top of that, it’s expensive. The hardware and software required to collect and analyze biometric data aren’t exactly budget-friendly. And then there’s the terrifying factor. Who really wants a brand knowing their pulse rate spikes every time a car commercial comes on?

And let’s not forget the elephant in the room: privacy concerns. In a world where TikTok dances can spread faster than a wildfire and “GDPR violation” rolls off the tongue of every marketer, biometric tracking is a lawsuit waiting to happen. One rogue data breach, and you’re the next headline: “Brand Tracks Heart Rates, Gets Sued by Everyone With One.”

Even Nielsen Got the Memo

Nielsen, ever the trailblazer in the measurement world, once dabbled in the dark arts of neuroscience. Their now-defunct Nielsen Neuro division experimented with biometrics to measure things like attention and engagement. But even they’ve backed away from the biometric abyss. Why? Because the risks outweigh the rewards. It’s hard to sell clients on the value of tracking brain waves when the public backlash sounds like, “Are we living in a dystopia now?”

Enter Nielsen’s deal with Realeyes, a partnership that keeps things safer, simpler, and significantly less terrifying. Realeyes focuses on creative evaluation and mental engagement—more about what people think and less about how fast their hearts are beating. It’s a savvy move. By shifting away from biometrics, Nielsen is leaning into metrics that provide actionable insights without creeping out their audience or setting off the privacy alarm bells.

The Safer Bet

The pivot to Realeyes signals a clear message: advertisers are realizing that just because you can measure someone’s physiological responses doesn’t mean you should. Instead, tools like Realeyes help brands analyze attention patterns and emotional engagement using AI-powered models and predictive analysis. Translation? You still get useful data without hooking your audience up to machines like lab rats.

In short, biometric tracking may sound futuristic and innovative, but for now, it’s better left in the lab—or in sci-fi movies. Because when it comes to ad measurement, the line between “cutting-edge” and “creepy” is thinner than a strand of DNA.

Attention Metrics: Savior or Snake Oil?

At the end of the day, attention metrics are exactly what the ad industry thrives on: a shiny new toy, full of promise, with just enough buzz to keep marketers excited and budgets flowing. They’re the latest chapter in the never-ending quest to measure what works. But let’s not fool ourselves—they’re no magic bullet. Like any tool, attention metrics are only as good as the data you feed them and the context in which they’re used.

The real question isn’t whether attention metrics will stick around (spoiler: they’re not going anywhere). The real challenge lies in how they’ll evolve—and whether the industry can find a way to wield them responsibly. Because here’s the thing: the last thing we need is yet another metric that starts with lofty promises and ends with brands wondering why they’re still paying for banner ads on sketchy websites.

But here’s the flip side: attention metrics could be the hero we need—if we get them right. By focusing on real engagement, they can shift the industry away from the outdated obsession with vanity metrics like impressions and clicks. They have the potential to elevate advertising to something more meaningful, measuring not just whether someone saw an ad but whether they connected with it.

Looking Ahead: Opportunity on the Horizon

The road ahead for attention metrics is both exciting and challenging. The tools and technologies are already improving, from AI-powered analysis to smarter integrations with media platforms. Publishers are starting to embrace them, advertisers are getting savvier, and the ecosystem is moving toward more accountability.

Yes, there are hurdles: privacy concerns, walled gardens, and the perennial issue of bias. But these are problems the industry can solve—if we approach attention metrics not as a silver bullet but as part of a broader, smarter strategy.

Bottom Line: Attention metrics are more than a trend; they’re the next step in the evolution of advertising. They’re not perfect, but they’re promising—and if the industry leans in with both innovation and caution, they could revolutionize how we measure success. So, pay attention—because the future of advertising is watching.

FTC Sends Warning Letters to Healthcare Lead Generators

The Federal Trade Commission is watching the healthcare lead generation industry closely.

On December 10, 2024, the Federal Trade Commission announced that it has sent warning letters to 21 companies that market or generate leads for healthcare plans. The letters were sent as open enrollment season for healthcare plans is ongoing. They provide guidance and provide about deceptive or unfair claims that likely violate laws enforced by the FTC.

The letters were sent to companies that provide marketing or advertising, including lead generation, related to Affordable Care Act Marketplace health insurance and healthcare-related products, such as limited benefit plans and medical discount programs.

“It is critical for consumers’ health and financial well-being that marketers of health plans be honest about the plans they and their partners are offering,” said FTC attorney Samuel Levine, Director of the FTC’s Bureau of Consumer Protection. “The FTC has been watching this important sector closely, especially during open enrollment season, and these warning letters put companies on notice that unlawfully marketing or advertising health plans to consumers can result in serious legal consequences.”

Based on information collected by FTC staff and the agency’s enforcement experience in this area, the types of claims FTC staff has warned about include those that may:

  • misrepresent the benefits included in a healthcare plan, including any insurance benefits;
  • misrepresent that a healthcare plan is major or comprehensive medical health insurance or the equivalent of such health insurance;
  • misrepresent the costs of healthcare plan; and
  • falsely claim that consumers who enroll in a healthcare plan will receive free offers, cash rewards, rebates, or other incentives.

The letters provide examples of prior relevant FTC actions against marketers and lead generators that operate in this field, including Simple HealthBenefytt Technologies, Partners in Healthcare Association, and Consumer Health Benefits Association.

While the letters do not allege any wrongdoing by any of the recipients, they encourage the companies to conduct a thorough review of their advertisements to ensure they are complying with applicable laws and rules, and the letters note that the FTC is closely monitoring this marketplace for unlawful conduct that is harming consumers. 

Richard B. Newman is an FTC investigation attorney at Hinch Newman LLP.  Follow FTC defense attorney on National Law Review.

Informational purposes only. Not legal advice. May be considered attorney advertising.

Ditch the Dirty Blanket: Facing the Funky Truth of Ad Spend

Look, marketing land is littered with marketers clinging to old-school attribution models tighter than a toddler with a filthy stuffed bunny. In a world where everyone’s pretending their last click attribution model is the Holy Grail—and not some rickety relic stinking of stale Cheetos—one duo is here to yank the security blanket out of your sweaty little fists. On one side, there’s a guy hosting the discussion in a neck brace, “because nothing says resilience like debating ad tech with limited mobility.” That’s from the transcript, not some fever dream. 

On the other side, a CEO who spells “Incremental” as if vowels were an optional in-app purchase. Together, they’re ripping the Band-Aid off deterministic attribution and exposing it as that funky-smelling blanket you’ve been lugging around for way too long.

“Markers do treat deterministic attribution like their childhood security blanket, even when it’s frayed and full of holes,” says Pesach Lattin. Try explaining that to the crowd still insisting that the last click is the best thing since shakshuka. He even relates it to Hebrew, pointing out how “Hebrew does kind of have vowels, as Nikudot,” but mostly you’ve got to guess them. 

Incremental’s weird vowel-hating name is the perfect metaphor for marketers who guess at results rather than face reality.

What’s at stake? Well, “if you’re a marketer and you’ve been getting your bonuses based on performance and suddenly someone shows you that the performance actually isn’t there… do you really want to know?”

 That’s Maor Sadra calling out the emperor’s new clothes—except the emperor here might be a CMO working on borrowed credibility. He drops a reference to Apple “breaking things” just enough to nudge marketers into a new era without being too nice about it. Meanwhile, Google’s still sipping sangria on the beach, not quite breaking enough to force the marketing world to face the music. “Yeah,” Sadra adds, “Google hasn’t broken everything yet.”

They talk “incrementality,” a term that sounds like an academic sneeze but is actually about testing what changes in marketing actually move the sales needle—without deluding yourself into thinking one click caused the heavens to part and the cash registers to sing. As Sadra puts it, “Incrementality was like you turn on advertising, turn off advertising, spot the difference. It wasn’t rocket science.” How’s that for rubbing salt in the wound? You got fooled by deterministic attribution when a simple on-off test could have told you the truth.

Speaking of truths, AI is tossed into the blender. Is it a scalpel, a sledgehammer, or a glittery rock? According to Sadra, it’s “All the above,” and that’s not even a cop-out—he means it literally. Today’s AI can turn a company’s valuation into a rocket ship (see: up lovin’s stock price), make lazy marketers lazier, or just get sprinkled around like confetti to dazzle the easily impressed. Meanwhile, VR and AR continue their existential crisis. Sadra’s not out to kill them—he admits he wants Vision Pro or something similar to be the future—but let’s be honest, those bulky headsets are about as graceful as a hippo in stilettos. And if Apple’s making progress, it’s still baby steps. On the other hand, he notes that we can all have full conversations with generative AI and basically forget we’re talking to a machine. Congratulations, humanity, we’ve anthropomorphized the algorithms.

Then there’s the big existential question: is marketing a lavish casino where everyone’s losing more than they win? Spoiler: yes. Sadra recalls the Uber fiasco, where cutting 80% of ad spend changed nothing. Imagine the horror: an entire marketing stack exposed as a glorified bonfire. “I was the last one laughing,” Sadra says, after refusing to sign an absurd insertion order that others eagerly took. That’s not just tea spilled—that’s a tsunami of truth drowning the gullible.

So why does this happen? Why do marketers throw good money at bad campaigns? “Wasting ad spend is inherent part of the model,” Sadra explains, basically calling the industry a glorious, accepted mess. Without a certain amount of waste, the whole economy might implode. “If our world becomes 100% efficient tomorrow, the global economy will collapse,” he says. So guess what, inefficiency is the glue holding this insane puzzle together. Maybe stop crying over spilled impressions and start owning the reality that perfect efficiency would kill us all.

Ethics, that old chestnut, comes up too. Are marketers basically sleazy spies tracking your every move? Well, yeah, kind of. Sadra’s refreshingly blunt: “If I’m willing to use your service, then you get to use my data and monetize me and show me better ads. I’m fine with that.” It’s the devil’s bargain we’ve all made with “free” services. The user complains about creepy surveillance, but nobody wants to pay for email or cat videos.

 We’ve sold our souls for convenience, and here we are. Regulators waltz in, trying to fix things, but end up aiding the big platforms. Sadra shrugs at privacy paranoia, basically saying, “No one’s spying on you maliciously; we just want to drive relevant ads.” Maybe he’s drinking the Kool-Aid, or maybe he’s just telling it like it is.

If you think the solution to marketing’s ethical swamp is contextual targeting, guess again. Sadra suggests the future is first-party data and AI-powered decision-making. Let the machines handle the impossible complexity. Humans can’t juggle trillions of impressions any more than they can lick their own elbows. The marketing professional of the future might just set budget caps, upload creative, and watch the machine do the heavy lifting. “It’s not humanly possible,” he says. “It’s all going to be automated.”

As for VR and AR, he’s not trashing them. He simply doesn’t think they’ve arrived. It’s like putting on a fancy costume before you learn to walk: great idea for later, but let’s not pretend it’s the present. He’d love to see AR interfaces everywhere, screens turned into personal billboards that recognize you like an old friend. Privacy fans just fainted at the suggestion, but it’s coming, at least if we trust our weird tech destiny.

On a desert island scenario (because why not?), Sadra mentions he’d bring his co-founder and maybe even drag Elon Musk along. “If I had to bring someone else from the ad world,” he muses, “Scott Galloway,” or maybe Terry from Luma. Just picture these folks trying to negotiate incremental coconuts as currency. The bigger point: strip away fancy dashboards and industrial-scale data, and it all comes down to storytelling and survival. A-B testing and scenario planning are great, but try doing that without Wi-Fi. Suddenly, marketing becomes what it always was: trying not to starve and convincing someone to share their limited resources.

The journey that led these people here wasn’t always glamorous. Sadra started as a cleaner at an ad tech company—yes, a janitor—who impressed his future boss by never taking a sick day, and that hustle got him a ticket into the industry. It’s a rags-to-riches trajectory that reminds everyone that hard work can pay off, even if the industry is a carnival game rigged with smoke and mirrors.

So how do we leave this carnival? Maybe we don’t. Maybe we just accept that incrementality is the new religion and pray that AI gets better at telling us which half of our budget is wasted. Or we learn to love the chaos, knowing that if we ever did achieve perfect efficiency, we’d wipe out the entire advertising ecosystem and cause an economic apocalypse. Marketers might embrace privacy as a selling point, or maybe they’ll shrug and say, “Hey, you like free stuff, right?” It’s the trade-off we’ve made. Nothing personal, just business.

In the end, if you’re clinging to deterministic attribution as if it’s the Dead Sea Scrolls, it’s time to shake loose. You’re as stuck in the past as someone bragging about their dial-up modem. The future is about testing, learning, and acknowledging that success doesn’t come from one magical click but a series of nudges and a willingness to confront uncomfortable truths. The real superpower marketers should crave isn’t time travel or mind-reading; it’s the ability to admit they’ve been wrong and fix it before the CFO throws them overboard.

Drew Stein: Master of the Hadron Helm, Now Steering Experian’s Adtech Ship

There’s now a saying in adtech: when PR people reach out to you with coy smiles and cryptic non-announcements, you’re looking at one of three possibilities: someone’s getting bought, someone’s buying, or someone’s heading to jail. 

Thankfully, in this case, it’s the middle option. 

Experian just snapped up Audigent, the data activation wunderkind that’s been cozying up to identity solutions like a tech bro to his wearable tracker.

A Deal That’s Been Brewing Longer Than Your Cold Brew

Let’s not pretend this announcement caught anyone off guard. Experian and Audigent have been playing footsie under the conference table since 2022, and now, like a rom-com couple finally realizing their meant-to-be status, they’ve sealed the deal. It’s not a shocking plot twist; it’s more like the inevitable third act where the lovers kiss in the rain. Experian, already hoarding enough consumer and business data to make Orwell blush, decided Audigent’s boutique of first-party publisher data and inventory networks was the missing piece in its adtech empire.

This union isn’t just a marriage of convenience—it’s a strategic power-up. Think of it as strapping a jetpack to a high-powered AI telescope and aiming it at the cosmos. Experian already has the data equivalent of the Mariana Trench; Audigent brings the tools to dive deep and find treasure. Together, they’ll turn “We think you might like this” into “We know exactly what you’ll buy, when you’ll buy it, and what kind of ad will make you click.”

Drew Stein: Captain of the Ship “Cookieless”

Audigent’s CEO, Drew Stein, isn’t going anywhere, which is good news because someone needs to keep the ship from crashing into privacy icebergs. Stein’s brainchild, the Hadron ID, is a privacy-forward identity framework that’s as critical in today’s regulatory minefield as sunscreen is on a trip to the equator. If Experian’s the seasoned ship captain with a treasure map of data, Stein is the navigator whispering, “Maybe don’t sail into that storm marked GDPR.”

But here’s where it gets interesting: Kimberly Gilberti, Experian’s general manager of marketing services, assures us that Audigent will remain a “stand-alone brand.” Translation: “We won’t mess with the cool kids’ vibe… yet.” It’s a promise that usually lasts until someone in corporate decides they need more synergy, which is code for “we’ll rebrand it in six months and pretend it was always this way.” For now, though, Stein gets to keep his captain’s hat and continue steering Audigent’s cookieless ambitions.

Turbocharging Ad Targeting: Fewer Excuses, More Precision

Experian’s already infamous for knowing more about you than your therapist. Now, with Audigent’s data arsenal, they’re poised to eliminate the last vestiges of “broad targeting” excuses. Remember those awkwardly irrelevant ads for dog food when you’re a cat person?

 Consider them extinct. 

This duo is about to make ad targeting so sharp it could slice through skepticism like a sushi chef’s blade.

It’s not just about raw data—it’s about actionable intelligence. Audigent’s treasure trove of first-party publisher data and sell-side distribution channels gives Experian the precision tools it needs to build advertising campaigns that don’t just guess—they predict. It’s like swapping a game of darts for laser-guided missiles. Sure, it sounds terrifying, but hey, at least the ads will finally be relevant.

The Fine Print of Stand-Alone Promises

Gilberti’s reassurance about Audigent remaining a stand-alone brand feels like a prenup—necessary but not exactly romantic. It’s a common line in these acquisitions: “We value the brand’s unique identity.” Translation? “We won’t touch it… until it’s convenient to do so.” Experian’s history suggests they’re not above a little rebranding or restructuring when the spreadsheets demand it.

Still, keeping Stein and his team in place is a smart move. If you’re buying a Ferrari, you don’t immediately swap out the engine for parts from your old Chevy. Experian knows Audigent’s team is the secret sauce, and for now, they’re content to let it simmer.

The Bigger Picture: From Oceans of Data to Targeted Thunderstorms

This acquisition isn’t just about making Experian richer in data (although, let’s be honest, that’s a big part of it). It’s about transforming how advertising operates in a privacy-centric world. Audigent’s expertise in cookieless solutions is the linchpin, offering a way forward as cookies crumble under the weight of consumer demands and regulatory scrutiny.

Experian and Audigent aren’t just hoarding data; they’re building a system to wield it with surgical precision. It’s the difference between flooding the market with ads and sending a perfectly timed thunderstorm to water a single plant. Sure, it’s a little dystopian—but hey, so is everything else in adtech.

What’s the Big Deal?

This acquisition is like peanut butter meeting jelly. Audigent claims access to 4 billion first-party IDs and over 13.3 billion device graphs. Experian, meanwhile, totes around 3.6 petabytes of global consumer and business data, including info on 235 million U.S. consumers. Add these numbers together, and you’ve got enough data to make even the most jaded marketer salivate.

Experian spokespersons, channeling their inner diplomat, told Digiday: “We view Audigent as a natural extension of our existing marketing data and identity capabilities.” Translation? “We’re building a data empire, and this is our shiny new province.”

Privacy? Sure, We’ve Heard of It

California’s strict data laws? GDPR? Pfft. Experian insists it’s fully compliant with global privacy standards, though critics might point out that “fully compliant” is a term as flexible as a yoga instructor in Bali. 

When asked about the legal and ethical implications of hoarding this much data, Gilberti offered the standard-issue corporate shrug: “Privacy is among our highest priorities.” You can almost hear the collective sigh of regulators gearing up for audits.

A Marriage of Scale and Opportunity

Let’s not sugarcoat it—this deal isn’t some grand love story; it’s a gritty survival play. Audigent had climbed as high as it could in the adtech jungle, its impressive arsenal of first-party data and sell-side savvy hitting the proverbial ceiling. Without a boost, it was stuck in that awkward growth phase where a company’s ambition outpaces its resources. Enter Experian, the lumbering titan of consumer and business data, looking for a way to polish its image and stay relevant in an increasingly cookieless world.

Together, they’re attempting something ambitious: turning Experian into more than just the brand you grudgingly interact with during mortgage applications. This is about Experian grabbing a seat at the cool kids’ table in adtech while Audigent gets the resources and reach to break through its plateau. 

Call it a power move, call it a partnership of necessity—either way, it’s a strategic play for vertical integration that puts Experian on the map as more than the poster child for “data broker.”

Curation’s Moment in the Spotlight

Lou Paskalis, the guy who’s probably quoted more often in trade magazines than he’s caffeinated, nailed it with his take: “Curation is a service to marketers when it’s transparent and allows the marketer to opt-in/opt-out of individual domains.” 

Translation? If Experian handles this right, it could finally make curation the rock star of adtech.

For too long, curation has been the underappreciated middle child of the industry—necessary, but not exactly glamorous. It’s the mechanism that lets marketers focus their dollars on quality over quantity, but only if it’s done with transparency. 

With Audigent’s expertise in sell-side curation and Experian’s vast reservoirs of data, the duo could redefine what curation means. Think of it as turning a foggy telescope into a precision laser—cutting out the clutter and delivering hyper-targeted results that make every ad dollar count.

But here’s the catch: the success of this integration hinges on Experian’s ability to stay in its lane. Marketers don’t want a heavy-handed approach that feels like Big Brother gone corporate; they want tools that empower, not overreach.

The Big Question Mark: Can Experian Make It Work?

And now for the elephant in the boardroom: can Experian pull this off without tripping over its own bureaucracy? As Matthew Newcomb so aptly pointed out, “Tech and consumer financial data don’t necessarily play nicely together.” It’s a sentiment that should be printed on every Experian PowerPoint slide moving forward.

On paper, this merger looks great—like peanut butter and jelly, or at least peanut butter and Nutella. Yummmy. But in practice? It’s more like trying to combine a Formula 1 race car (Audigent) with a cargo ship (Experian). Sure, both are vehicles, but they’re built for entirely different purposes. Audigent’s culture is likely fast-paced, scrappy, and innovation-driven, while Experian’s is steeped in compliance, risk aversion, and slow-moving decision-making.

Will Experian give Audigent the autonomy to thrive, or will it smother the startup’s ingenuity with endless red tape and quarterly review meetings? If history is any guide, the latter is a real risk. Too many acquisitions start with promises of independence and end with the acquired company becoming little more than a logo on a PowerPoint deck.

The Stakes Are High

This isn’t just a test for Experian and Audigent; it’s a litmus test for the entire adtech ecosystem. If a company as big as Experian can successfully integrate a nimble player like Audigent without crushing its spirit, it sets a precedent for how traditional data giants can evolve in the cookieless era.

On the flip side, if this marriage devolves into a classic tale of corporate overreach, it’ll serve as a cautionary tale for future M&A in adtech. The stakes couldn’t be higher, and the industry is watching closely.

Experian and Audigent are trying to walk a tightrope over a pit of regulatory challenges, cultural clashes, and sky-high expectations. Whether they make it to the other side or tumble into the abyss remains to be seen. For now, let’s just say the popcorn’s ready, and the show is about to begin.

Looking Ahead

This acquisition is a statement of confidence—not just in Audigent, but in the broader health of the adtech ecosystem. As Stein himself told AdExchanger earlier this year: “The old way of having a deterministic identifier that gets hosted in a matching table is going to lose fidelity.”

 In other words, the future is cookieless, and Experian just bet big on being ready for it.

So, what’s next? Expect more M&A activity in 2025 as companies scramble to adapt to shifting privacy regulations and new adtech paradigms. 

And keep an eye on Experian and Audigent—if they can pull this off, it’ll be a masterclass in data-driven evolution. 

If not, well, I mean, there’s always the third option.

Alex Li of AppLovin: The Maverick Who’s Redefining Mobile App Advertising

Mobile app advertising: the wild frontier where brands hope to strike gold, but most end up with fool’s gold instead. Enter Alex Li, Senior Director of Global Non-Gaming at AppLovin, who’s part evangelist, part scientist, and part traffic cop for the sprawling, frenetic, and oh-so-untamed world of in-app advertising. If this sounds dramatic, it’s because it is. Advertising in mobile apps isn’t just the cousin of digital advertising; it’s the rebellious teenager, staying out late, making questionable choices, but somehow always landing on its feet.

AppLovin, meanwhile, isn’t some scrappy startup trying to make its mark. It’s the cool kid who’s been to this rodeo before—deploying AI, leveraging massive app networks, and sipping its latte while competitors scramble to figure out how to make mobile app advertising actually work. With Alex as the face of its global non-gaming arm, AppLovin is proving that in-app ads aren’t just the future; they’re the present.

Brand Safety: Not Just a Buzzword—It’s a Survival Tactic

When it comes to mobile app advertising, “brand safety” can feel like a vague, almost mythical promise. The internet is a chaotic soup of memes, misinformation, and user-generated content (UGC) disasters waiting to happen. So how does AppLovin—and by extension, Alex Li—offer brands peace of mind?

First, let’s talk ecosystem. AppLovin doesn’t just throw brands into the shark tank and hope they survive. With over 150,000 apps in its network and a reach that would make a social media manager swoon, AppLovin meticulously vets every app to ensure it’s as squeaky clean as a newly launched Disney+ series. No doom-scrolling, no awkward ad placements, and certainly no risk of your product being hawked next to conspiracy theories or questionable “life hacks.”

But the real magic comes from their AI. Think of it as the Gandalf of ad placement—it knows exactly where to send ads for maximum impact while avoiding reputational pitfalls. Unlike platforms that rely on UGC-heavy environments where anything could pop up (and we mean anything), AppLovin’s ecosystem is a fortress. It’s as if they’ve built an ad utopia, where your brand message gets the red-carpet treatment.

The Unicorn Hunt: Is 100% Brand Safety Even Possible?

Let’s be real: achieving 100% brand safety is like trying to find a unicorn that also happens to be fluent in Python and available for your next marketing meeting. Yet, AppLovin gets as close as humanly—or algorithmically—possible. When Alex talks about brand safety, he does so with the clarity of someone who knows it’s not just a checkbox; it’s the bedrock of trust in mobile advertising.

The truth? Perfection is a moving target. AppLovin’s AI constantly analyzes, learns, and adapts to new threats in real-time, making it more Hercules than unicorn. When asked whether 100% is attainable, Alex admits, “We’re not delusional—but we’re close.” And that’s the kind of humility you want from someone managing billions of impressions every day.

Why Mobile App Advertising Isn’t Just Social Media’s Little Brother

Mobile apps are no longer just for gaming. They’re for working out, editing photos, managing finances, and yes, even meditating. Yet, for years, mobile app advertising has been treated as social media’s awkward little sibling—left to fight for scraps while Facebook and Google dominated the ad budgets. Alex Li is here to change that narrative.

Let’s break it down: people don’t just spend time in apps; they live there. Whether it’s paying bills, scrolling recipes, or monitoring sleep patterns, apps are where consumers are most engaged. And yet, many brands are stuck funneling their dollars into crowded, noisy social feeds. Why? Because social platforms have done an excellent job of making marketers think that’s where the action is. Spoiler alert: it’s not.

AppLovin’s secret sauce is educating brands about the untapped potential of in-app advertising. “It’s not about replacing social media,” Alex explains, “it’s about diversifying.” Picture this: while everyone’s clamoring for the last scraps of ad space on Instagram, AppLovin is guiding brands to environments where their messages actually stand out. It’s like choosing the indie coffee shop over the Starbucks drive-thru—better experience, better results.

The AI Factor: Loki or Gandalf?

AI is the buzzword of the century, but for mobile app advertising, it’s less about robots taking over and more about robots doing the dirty work. AppLovin’s AI is like a master chess player, mapping out every possible move to deliver ads where they’ll resonate most. And no, it’s not Skynet. It’s more like a digital consigliere, advising brands on how to maximize engagement without burning their budgets.

The real beauty of AppLovin’s AI lies in its ability to test at scale. Forget A/B testing. We’re talking A-to-Z testing—creative formats, audience segmentation, and placement strategies all optimized at lightning speed. Alex is quick to note that while AI is a game-changer, it’s not here to replace the human touch. “It’s about making creativity frictionless, not soulless,” he says, channeling his inner philosopher.

Diversification: The Spice Rack of Marketing

If mobile app advertising were a meal, diversification would be the sriracha. It’s the ingredient that makes everything pop. Yet, most brands are stuck sprinkling salt and pepper, aka social and search, over everything. Alex is on a mission to get marketers to embrace the whole spice rack.

Diversification isn’t just about throwing money at every new channel that pops up; it’s about strategic experimentation. AppLovin’s playbook involves showing brands that mobile apps are a goldmine of attention—places where users aren’t just scrolling but actively engaging. Whether it’s playable ads for games or interactive experiences for fintech apps, AppLovin creates ad formats that feel less like ads and more like invitations to participate.

The Future of Mobile App Advertising: A Renaissance or an Echo Chamber?

Looking ahead, Alex sees mobile apps as the central stage for advertising innovation. With AR, AI, and even wearable tech on the horizon, the possibilities are endless. But there’s a caveat: brands will need to embrace transparency and collaboration to make the most of these technologies. As Alex puts it, “You can’t just show up; you have to show up well.”

AI will undoubtedly play a starring role, not as a dark overlord but as a partner in creativity. Imagine ad campaigns that are so seamless, they feel like an organic part of the app experience. That’s the holy grail—and it’s closer than you think.

Final Thoughts: Why Alex Li is the Leader We Need in Mobile App Advertising

At its core, Alex Li’s philosophy is about making advertising better for everyone—brands, consumers, and the apps themselves. Whether he’s championing brand safety, evangelizing the untapped potential of mobile apps, or navigating the delicate balance between AI and human creativity, Alex is redefining what’s possible in this space.

And if you’re still pouring all your ad dollars into the social media duopoly, consider this your wake-up call. Mobile app advertising isn’t the future; it’s happening now. And thanks to leaders like Alex, it’s only getting better.

Stay bold, stay curious, and never settle for the ordinary.

Watch the full interview below, sorry for the audio quality, there was a file corruption. We will be working on an audio only version for next week.

Adtech’s Lemon Market: Why We Keep Buying Sour Fruit and Calling It Progress

Adtech is starting to feel like a carnival funhouse—flashy, disorienting, and filled with surprises that make you question your life choices. Take The Trade Desk’s (TTD) latest “innovation,” for example. They’ve slapped a shiny new name, “Prism,” onto their old “Audience Excluder” feature and decided to charge a 10% fee for it. That’s on top of a system that already siphons 44% of ad budgets before advertisers even reach their intended audience. Imagine buying a car and finding out that nearly half of what you paid went to the dealership for “consultation fees.” And yet, we’re supposed to applaud this as progress.

Tom Triscari, always the cool-headed pragmatist, weighed in with his signature shrug:

“Lemon markets either implode because buyers exit or thrive because they want lemons—as crazy as that might sound. Just because folks talk about wanting transparency ad infinitum (yawn) does not mean they actually want it. If they wanted it, they’d have it by now. In any case, adtech media money tends to flow to and from cognitive dissonance as the primary unit of trade.”

Tom, you charming handsome realist, I can’t argue with your logic—but I will absolutely argue with your conclusions. Your take is like watching a plane spiral into the ground and saying, “Well, planes crash sometimes.” 

Yes, they do, but maybe we should figure out why instead of admiring the wreckage.

Lemon Markets: Where the Buyers Know It’s Bad and Keep Buying

Tom’s lemon market analogy is spot-on: the adtech ecosystem is built on buyers knowingly—or unknowingly—purchasing subpar products. They keep showing up for the sour fruit, even as the system rots around them. But here’s the twist: it’s not that they want lemons. It’s that lemons are the only thing on the menu, and the alternative—fixing the system—is a Herculean task that nobody wants to undertake.

Transparency? Sure, advertisers talk about it endlessly, but as Tom points out, if they really wanted it, they’d have demanded it by now. Instead, we get vague platitudes about “efficiency” and “value,” while most brands can’t even pinpoint where their money is going in the supply chain. Transparency in adtech is like a mythical creature—you hear about it, you hope it’s real, but deep down, you know it’s just a marketing fable.

And that’s not by accident. Adtech thrives on opacity because it allows everyone to take their cut without too many questions. SSPs, DSPs, and every other acronym in the chain are making bank off inefficiencies, all while claiming to “streamline” the process. It’s the equivalent of paying extra to have someone “organize” your wallet, only to find out they’ve pocketed half your cash.

Cognitive Dissonance: The Real Currency of Adtech

Tom’s zinger about cognitive dissonance being the “primary unit of trade” in adtech deserves a standing ovation. This industry runs on contradictions so glaring, they’d make a philosopher weep. Advertisers pay exorbitant fees to target audiences with laser precision, only to discover that half their impressions landed in places no human being would willingly visit. They nod along in meetings about “brand safety” while their ads play next to clickbait articles about alien conspiracies.

And let’s not forget the ultimate contradiction: the obsession with ROI in a system designed to obfuscate actual results. Advertisers are throwing money into a black box, then applauding when a report spits out metrics they can barely understand. It’s like celebrating a good grade on a test you didn’t take.

Why We Keep Asking Questions

Tom, I get it. You’re treating this like a wildlife documentary: the predators prey, the scavengers scavenge, and the unsuspecting advertisers stumble into the watering hole, blissfully unaware of the crocodiles lurking beneath the surface. It’s nature, right? The market doing what markets do. But here’s the thing—just because it’s the way things are doesn’t mean we should accept it.

I’m not content to sit on the sidelines, munching popcorn, and watch this chaotic ecosystem implode under its own weight. Asking questions isn’t whining—it’s how we drag this industry kicking and screaming toward progress. Every inefficiency we shrug off isn’t just an inconvenience; it’s a black hole siphoning billions of dollars from brands and agencies that, frankly, should know better. This isn’t some quirky feature of the system we can laugh off—it’s the equivalent of building a house on quicksand and acting surprised when the foundation starts to sink.

And let’s not kid ourselves: this isn’t sustainable. Advertisers are already wincing every time they see their budgets sliced and diced by line items that would make an IRS auditor blush. At some point, they’re going to demand real accountability—or they’re going to walk. And when they do, this house of cards isn’t just going to wobble; it’s going to collapse in spectacular fashion.

Here’s the brutal truth: advertisers aren’t bottomless ATM machines, and their patience isn’t infinite. The constant nickel-and-diming, the murky “tech fees,” and the dazzling but dubious metrics are wearing thin. You can only dress up inefficiency as innovation for so long before people start asking, Why am I paying so much for so little?

Let’s not forget, there’s a growing wave of scrutiny. Regulators are circling. Brands are scrutinizing every penny. Even the average marketer is starting to ask uncomfortable questions about what they’re really buying. And once the cracks in the system become too obvious to ignore, it won’t just be a minor correction—it’ll be a reckoning.

The Trade Desk: When Innovation Feels Like Extortion

Back to TTD and their shiny new fee. Let’s not sugarcoat it—this isn’t innovation; it’s a blatant cash grab in a slick suit. Slapping a new name on an old feature and tacking on a 10% fee isn’t solving any real problem; it’s inventing one, then handing advertisers the bill for “fixing” it. It’s like selling someone a car with no tires and charging extra for the wheels.

But this isn’t just about The Trade Desk. This is about an entire industry that has quietly made this kind of behavior the rule, not the exception. It’s an ecosystem where inefficiency isn’t a bug—it’s a feature, designed to funnel as much money as possible into the hands of middlemen while advertisers foot the bill. And worse, we’ve allowed this dysfunction to masquerade as progress.

Let’s talk about those advertisers. They’re not just funding inefficiency—they’re subsidizing a system they didn’t break and can’t control. And they’re being told, time and time again, that this is just “the cost of doing business.” It’s not. It’s the cost of complacency. Because at some point, these cracks in the system are going to get too big to ignore, no matter how much gloss and jargon the adtech world slaps on top.

When nearly half of your ad budget evaporates into “fees” and “tech stacks” before your campaign even reaches an audience, let’s not pretend that’s a business model. It’s a ticking time bomb. One day, advertisers will wake up and realize they’re paying for a system that’s bleeding them dry. And when they do, the fallout won’t be subtle—it’ll be catastrophic.

The truth is, TTD and their ilk aren’t just milking inefficiencies; they’re betting the farm that advertisers will keep playing along. But every house of cards has its limit. The higher the stack, the harder it falls—and when this one goes, it’s not just TTD that’s going to feel it. The entire adtech ecosystem is heading for a reckoning. And if the industry doesn’t course-correct soon, there won’t be much left to save.

Final Thoughts: Stop Settling for Lemons

Tom, your pragmatism is refreshing, but I refuse to accept “it is what it is” as the final word. The adtech ecosystem is broken, and pretending otherwise doesn’t help anyone. We don’t ask questions because we’re bored; we ask because we care about fixing this mess before it collapses under its own weight.

Adtech doesn’t have to be a lemon market. But to move forward, we need to stop settling for sour fruit and start demanding something better. Otherwise, the system will implode—and we’ll have nobody to blame but ourselves.

Disney Gets Dirty: Playing in Programmatic’s Muddy Waters

Once upon a time, Disney stood as the epitome of wholesome family entertainment. But now, the House of Mouse has ventured into the chaotic, fraud-prone world of programmatic advertising. With their latest partnership with Viant Technology, they’ve essentially said, “Let’s roll up our sleeves and see what all this fuss is about.”

The goal? Democratizing access to Disney’s premium connected TV (CTV) inventory for midmarket advertisers. The challenge? Keeping their squeaky-clean brand intact while navigating a swamp full of shady impressions, sketchy data practices, and ad-tech chaos.

Mickey Dips His Toes in the Programmatic Swam

Disney’s partnership with Viant promises advertisers a 20% boost in campaign addressability by combining Disney’s gold-standard Clean Room and BridgeID with Viant’s Household ID tech. For midmarket brands, this is like being handed a VIP pass to the exclusive club they’ve been dying to enter.

Matt Barnes, Disney Advertising’s VP of Programmatic Sales, spun it beautifully: “By bringing more opportunities to the table for midmarket buyers, we continue to level the playing field by providing more flexibility, choice, and control to advertisers.” Translation: If you’re not Google or Amazon, we’re finally letting you play.

Viant’s SVP of Business Development, Tom Wolfe, added his own flair, calling their Direct Access program a game-changer for relationships between advertisers and premium content owners. Bold words—but is Viant really ready to dance on Disney’s polished ballroom floor?

A Glimmering Opportunity or a Recipe for Disaster?

Here’s where it all starts to unravel. Disney’s brand is a gleaming temple to family-friendly magic, where princesses sing, animals talk, and the most heated debates involve Goofy’s species. Programmatic advertising, on the other hand, is the Wild West of digital marketing—a chaotic wasteland of fraud, shadowy fees, and privacy disasters waiting to explode. Tossing these two into the same pot? That’s less a business strategy and more a Molotov cocktail. If Disney can’t keep its hands clean while diving into the murk of programmatic, it risks tarnishing the very magic it’s built its empire on.

Brand Safety: The Tightrope Act

Viant’s track record on brand safety has been, to put it mildly, a rollercoaster. There have been instances where ads have appeared alongside questionable content, raising eyebrows and concerns among partners. Disney, ever protective of its family-friendly image, is acutely aware of these risks. One executive candidly noted, “We’re taking this one step at a time, as we are concerned that Viant maintains their dedication to brand integrity.”

The stakes couldn’t be higher. A misstep by Viant could lead to headlines Disney dreads: “Mickey Mouse Sponsors Sketchy Websites” is not the kind of press that fills theme parks. To mitigate such risks, Disney has been vigilant in its partnerships, ensuring that all advertising aligns with its stringent brand safety standards. This cautious approach underscores the importance Disney places on maintaining its wholesome image, even as it navigates the complex world of programmatic advertising.

Data Privacy: The Compliance Circus

Viant has long feasted on the smorgasbord of data collection, but the regulatory hawks are circling overhead, and they’re not here for scraps. With GDPR tightening its grip, CCPA flexing its muscles, and the third-party cookie era crumbling faster than a stale biscotti, Viant is staring down a crossroads. Evolve or get left behind. Transparency isn’t just a buzzword—it’s the cover charge for staying in the game. Mishandle user data, and you’re not just courting a PR disaster; you’re lighting the fuse on a brand implosion. The stakes? Everything.

Ad Fraud: Programmatic’s Dirty Little Secret

Fraud in programmatic advertising is the industry’s persistent nemesis. From bots inflating click counts to ads surfacing on dubious websites, these issues have plagued digital marketing for years. In 2022 alone, digital ad fraud cost advertisers a staggering $81 billion, with projections suggesting this could escalate to $100 billion by the end of 2023.

Viant must demonstrate its capability to shield Disney’s ads from such pitfalls, ensuring they appear exclusively in secure, premium environments. Failure to do so not only jeopardizes Viant’s reputation but also risks entangling Disney in unwanted controversies, potentially leading to headlines like “Mickey Mouse Sponsors Sketchy Websites.” To address these concerns, Viant has taken proactive measures, such as enhancing its Connected TV (CTV) fraud protection through partnerships with Integral Ad Science. Additionally, Viant has expanded its collaboration with DoubleVerify to bolster brand safety and combat ad fraud.

These initiatives are crucial for maintaining the integrity of both Viant and Disney’s brands in the ever-evolving digital advertising landscape.

Why Disney Took the Leap

Disney’s collaboration with Viant is a calculated move to expand its advertising reach while maintaining brand integrity. Here’s why this partnership holds promise:

Empowering Midmarket Advertisers

Traditionally, Disney’s premium advertising slots were the domain of major brands with substantial budgets. By teaming up with Viant, Disney is democratizing access to its Connected TV (CTV) inventory, enabling midmarket advertisers to tap into audiences previously beyond their reach. This strategy aligns with Disney’s recent efforts to realign its ad sales structure to better serve midmarket clients, offering more localized and consultative services.

Advanced, Privacy-Focused Technology

The integration of Disney’s Clean Room and BridgeID with Viant’s AI-powered Household ID offers a robust framework for precise, privacy-compliant targeting. Disney’s Clean Room technology allows for secure data collaboration without compromising user privacy, while BridgeID connects Disney’s Audience Graph with third-party identity solutions. Viant’s Household ID enables marketers to target multiple connected devices within the same residence, ensuring consistent messaging across platforms.

Enhanced Campaign Performance

The partnership promises up to a 20% improvement in campaign addressability, a significant boost for advertisers seeking efficient audience engagement. This enhancement is achieved through the combined strengths of Disney’s extensive streaming footprint and Viant’s expertise in CTV advertising, providing advertisers with access to Disney’s clean-room technology and proprietary BridgeID, along with Viant’s Household ID.

Challenging Industry Norms

By opening its premium inventory to a broader range of advertisers, Disney is positioning itself as a formidable alternative to industry giants like Google and Amazon. This move offers advertisers more flexibility and control, potentially attracting those seeking to diversify their advertising strategies beyond the established walled gardens. Disney’s realignment of its ad sales structure to focus on midmarket advertisers further underscores its commitment to this inclusive approach.

In summary, Disney’s partnership with Viant represents a strategic effort to broaden its advertising ecosystem, leveraging advanced technology and inclusive practices to deliver value to a wider array of advertisers while upholding its brand standards.

The Stakes Couldn’t Be Higher

For Viant, this partnership is a golden opportunity to prove it belongs in the big leagues. But let’s not kid ourselves—Viant isn’t exactly in Mickey Mouse’s weight class. It’s up against ad-tech juggernauts like The Trade Desk, Amazon, and Google, who own vast ecosystems of data and content. Competing with them is like bringing a butter knife to a lightsaber fight.

For Disney, the stakes are even higher. Its brand is everything, and any misstep—whether it’s a brand safety issue or an ad-tech scandal—could blow back hard. A Disney exec summed it up best: “This isn’t just about innovation; it’s about responsibility.”

The Verdict: A High-Risk, High-Reward Bet

If Viant and Disney get this right, it’s a game-changer. Midmarket advertisers gain access to audiences they’ve only dreamed of, and Disney redefines its role in the ad-tech landscape. But if Viant fumbles—whether through fraud, privacy mishaps, or ad placement disasters—this partnership could implode faster than a failed sequel.

For now, all eyes are on Viant and Disney. Will it be a fairy-tale ending or another cautionary tale for the ad-tech industry? Stay tuned, because this is one show you don’t want to miss

The Trade Desk’s Ventura: Shaking Up CTV or Just Stirring the Pot?

Connected TV (CTV) just got a wake-up call—or maybe a Molotov cocktail. The Trade Desk has announced Ventura, its new operating system slated for 2025, and it’s not your average tech update.

 This is a full-blown power grab, aimed squarely at the walled gardens of Roku, Amazon, and Google.

 It’s bold, it’s risky, and it’s making the ad industry clutch its pearls.

How risky? Roku’s stock nosedived 8% within hours of the announcement, and one brave executive admitted in hushed tones over coffee: “Yeah, this could hit our bottom line. The Trade Desk has the tools to expose weaknesses in our ad performance.” Yikes. 

That’s the corporate equivalent of yelling “Help!” while the ship is already sinking.

Ventura’s Playbook: Anti-Walled Garden, Pro-Disruption

The Trade Desk is pitching Ventura as the anti-walled garden. Translation: a neutral operating system that’s open to everyone and won’t play favorites. Unlike Roku, Amazon, or Google, it doesn’t own content, hardware, or streaming platforms—so there’s no built-in conflict of interest.

Instead, Ventura’s strategy is to get cozy with TV manufacturers, embedding itself directly into their devices. Think of it as the Intel Inside of CTV, but with ads instead of processors. The goal? Transparency, interoperability, and making the current CTV chaos look like it belongs in the bargain bin.

And here’s the juicy twist: rumors suggest Ventura’s first big partner might be Sonos. Yes, the high-end audio company. If true, The Trade Desk is clearly gunning for the premium market, starting with champagne-flute partnerships before moving to the red Solo cup crowd.

Why the Market’s Nervous

CTV is supposed to be the future of TV—until you try to use it. Fragmented measurement, endlessly repeated ads, and skyrocketing CPMs are giving advertisers migraines. Some are even crawling back to linear TV, which they swore off like an ex they’d never text again.

Enter Ventura, promising to clean up the mess. The Trade Desk is dangling better revenue splits for publishers and a unified, transparent system for advertisers. If it works, it could make the CTV ecosystem look less like a food fight and more like an actual dinner party.

But not everyone’s buying the hype. Tony Marlow, CMO of LG Ads, tried to sound cool about Ventura on a recent podcast, but slipped up with this gem and seemed to say: “This shake-up might force companies to adopt standards and be more transparent.” 

Hold on—so you’re saying the ads aren’t transparent now?

 Thanks for the honesty, Tony.

Ventura’s Double-Edged Sword

Here’s where things get murky. Ventura’s promise to return more revenue to publishers sounds great, but let’s not forget who’s holding the reins. The Trade Desk already dominates demand-side advertising with tools like OpenPath and UID 2.0. Adding Ventura to its empire could tilt the balance of power in ways that make publishers and advertisers a little queasy.

“They’re pulling a Google,” an insider said, not holding back. “They want the pipes, the demand, and now the OS. It’s a genius move, but also a dangerous one.”

Jeff Green, The Trade Desk’s CEO, keeps insisting they’re all about advertisers—not consumers. But if Ventura gets access to ACR (automatic content recognition) data, it’ll be holding a treasure chest of viewer habits, ripe for the taking. That’s not neutrality—that’s the Thanos glove of adtech.

The Consumer Angle: When Tiles Are Just Tiles

Let’s talk about the viewers. Or, as they’re often treated in adtech, the “inventory.” One LG Ads exec put it bluntly: “Every TV OS is basically the same—you scroll, tap, and hit play. The magic’s all in the backend. Publishers need smarter ways to cash in, and advertisers are dying for seamless, omni-channel solutions.”

Translation: Nobody cares about glossy interfaces anymore. The real action is behind the curtain, in how ads get served and revenue gets split.

That said, LG Ads is doubling down on AI-powered discoverability, aiming to help viewers find content faster. You know, because spending 11 minutes scrolling through tiles is basically the streaming equivalent of staring at an empty fridge. If Ventura can solve this frustration, it could set a new standard for the industry.

Roku’s Nightmare Scenario

For Roku, this announcement isn’t just bad news—it’s a potential existential crisis. They’ve built their empire on first-party data and ad inventory control, but Ventura threatens to unravel that.

Here’s why: The Trade Desk’s open system could siphon away advertisers looking for transparency and publishers craving better revenue shares. And if Ventura gains traction with smaller TV manufacturers or premium players like Sonos, it could chip away at Roku’s dominance piece by piece.

Could Roku fight back? Sure. But with its stock already down 20% this year, it might have to start with damage control.

Ventura’s Gamble: Disruptor or Dominator?

Even Ventura’s allies are hedging their bets. As one source close to The Trade Desk put it: “It’s good until it’s not. More competition and innovation? Great for everyone. But there’s a fine line between being a disruptor and becoming the new gatekeeper.”

And that’s the real risk here. If Ventura succeeds too well, it might end up being the very thing it claims to disrupt.

Final Thoughts: All Eyes on 2025

Ventura has the potential to revolutionize CTV—or just add another layer of chaos. If The Trade Desk can balance transparency, scalability, and user experience, it could create a rare win-win-win for advertisers, publishers, and consumers.

But if it overreaches? Well, we’ve all seen how that story plays out. Just ask Google, Facebook, or any other tech giant whose motto started as “don’t be evil.”

For now, the question isn’t whether Ventura will make waves—it’s how big those waves will be. And whether anyone can surf them without wiping out.

From Big Ideas to Tiny Banners: How #Adtech Shrinks the Dream

When I resurrected this newsletter from the ashes of my previous endeavor—dusted it off like some overambitious Frankenstein experiment—I wasn’t entirely sure where it was going. I envisioned a space to unite adtech, marketing, media, and agencies under one roof. A bold concept, or so I thought.

Reactions ranged from “You’re nuts” to “You’re mildly unhinged,” with a hearty side of unsolicited advice: Keep them separate! Adtech is the brains, media is the fluff, and agencies? Well, bless their clueless hearts. The adtech folks smugly proclaimed their dominion over the world (and, honestly, my inbox), while the agencies tiptoed around adtech like a second cousin at a wedding—necessary but better left unmentioned.

The harsh reality? Many creative teams have no clue where their meticulously crafted ads end up. Those glossy campaigns, painstakingly storyboarded and art-directed, often land in the digital equivalent of a roadside billboard in the desert: a shriveled corner of some website, sandwiched between autoplay videos and pop-up clickbait. Mazel tov.

Plumbing, but Where’s the Poetry?

Had a chat with Fred Godfrey of Origin recently. We delved into life’s heavier topics—loss, resilience, the usual existential buffet—and then veered into adtech. Fred quipped, “Adtech is all plumbing and no poetry.”

And honestly, he’s not wrong.

Adtech often gets reduced to plumbing—a system of pipes, wires, and endless interconnections where data flows, but creativity seems to get lost in the maze. It’s a fair critique: the industry has spent years perfecting how to deliver the right ad to the right person at the right time, but somewhere along the way, it forgot that people don’t want pipes—they want experiences.

I got HBO Max with commercials just to watch the commercials. Yes, I’m that person. What struck me wasn’t the ads themselves but how little thought seemed to go into placement. It was like someone took linear TV spots and hurled them onto streaming, hoping they’d stick. Prime isn’t any better. Despite using an Amazon device to watch an Amazon app, there’s zero interaction. No pause screens, no contextual offers—zilch. Just a firehose of ads.

Back in the day, I booked ads on platforms like BigFishGames, where advertisers got creative. They’d skin the site, integrate with the games, and make ads feel like part of the experience. Now? The industry’s big idea is slapping offline commercials online.

The plumbing metaphor fits because adtech is all about infrastructure: DSPs, SSPs, CDPs, APIs—a Scrabble board of acronyms moving ads from point A to point B. But where’s the poetry? The kind of work that makes someone stop mid-scroll, not because an algorithm said they should but because it genuinely resonates.

Fred’s observation isn’t new. Sir John Hegarty once argued that media fragmentation robbed us of shared cultural moments—the lifeblood of creative storytelling. Seamus Higgins at R/GA Australia echoed this, highlighting how agencies undervalue creative work, focusing more on timelines and mechanics than ideas and inspiration. Somewhere in this mad dash for precision, the art—and the heart—of advertising got left behind.

Seven Ways Adtech Lost Its Mojo

Data Worship Gone Wild:
Adtech’s shrine to the gods of data is adorned with CTRs, impressions, and conversions. And while these metrics have their place, the industry’s obsession with numbers has created a performance-over-storytelling vortex. Think about it: when was the last time you were emotionally moved by an ad tailored for clicks? Spoiler alert: never. Metrics can only measure the visible iceberg, not the submerged emotional impact. And here’s the kicker—while brands focus on data perfection, they miss the human experience entirely. It’s like painting by numbers instead of creating art. The result? Ads optimized for algorithms, not people. Sure, the numbers might look good in a quarterly report, but does anyone actually remember your campaign? Didn’t think so.

Fragmentation Nation:
The adtech ecosystem is a Rube Goldberg machine of platforms, tools, and vendors. You’ve got DSPs talking to SSPs, with a sprinkle of DMPs in between, all vying for their slice of the budget pie. Creative teams and media planners rarely meet, operating on completely different wavelengths and timelines. By the time a campaign launches, what was supposed to be a well-orchestrated symphony is more like a garage band on its first gig. Even worse, no one can pinpoint where the breakdown happened. Did the creative get lost in translation? Did the media team over-prioritize inventory over placement? Who knows? What’s clear is that the audience gets a fragmented, disjointed experience, and the brand gets… well, confused.

Automation Overload:
Automation was supposed to be the savior of adtech, the genius that would free up time for the big ideas. Instead, it’s become the crutch that sacrifices creativity on the altar of efficiency. Programmatic campaigns are churned out at record speed, but they all look and feel the same—cookie-cutter templates built to satisfy algorithms, not people. And let’s not forget the human cost: creative teams are relegated to filling out forms and selecting from dropdown menus instead of ideating and innovating. The irony? Automation should enhance creativity, not stifle it. But when the process prioritizes precision over passion, the only thing automated is the audience’s disinterest.

Privacy Panic:
GDPR, CCPA, cookie deprecation—it’s the unholy trinity of modern adtech headaches. The industry’s response? A full-blown panic attack. Suddenly, everyone’s scrambling to comply with regulations, pouring resources into consent banners and data collection policies. And while compliance is crucial, it’s also a distraction. Instead of focusing on creating ads that audiences actually want to see, brands are caught up in ticking legal boxes. Consumers aren’t anti-advertising; they’re anti-invasive advertising. They want relevance, not redundancy. But the industry’s obsession with privacy policies has turned it into a bureaucratic mess, where creativity is sidelined in favor of endless meetings about compliance frameworks.

Short-Term Thinking:
The always-on mentality might keep campaigns running, but it’s running them straight into the ground. Adtech’s focus on quick wins—flash sales, retargeting, and immediate conversions—comes at the expense of long-term brand equity. Think about the most memorable ad campaigns in history. Chances are, they weren’t built around limited-time offers or “act now” messages. They were crafted to evoke emotion, tell a story, and create a lasting impression. But in today’s performance-driven landscape, those ideals are often sacrificed for the sake of short-term gains. The result? A sea of forgettable ads that achieve their immediate goals but fail to build lasting relationships with consumers.

RTB Ruins Everything:
Real-time bidding sounds like a marvel of modern technology—a system that allows advertisers to target the right audience, at the right time, with the right message. But here’s the dirty little secret: it often sacrifices the quality of that message. RTB’s focus is on inventory and efficiency, not storytelling. It’s a game of speed, where the emphasis is on filling slots rather than creating impact. And while it’s great for squeezing every penny out of an ad budget, it’s terrible for creativity. Ads become afterthoughts, slapped together to fit auction criteria rather than audience needs. The result? A creative desert, where ads might be precise but are also painfully bland.

Budget Mismanagement:
Let’s talk about the adtech tax—a dirty little secret that’s draining budgets faster than you can say “ROI.” Between platform fees, tech stack costs, and middlemen, a significant chunk of advertising dollars never makes it to the creative team. Instead, it gets swallowed up by the machinery of adtech, leaving pennies for the actual content. The irony? Brands are paying top dollar for campaigns that look like they were produced on a shoestring budget. Meanwhile, the audience is left with uninspired ads, and the brand wonders why its investment isn’t delivering results. Spoiler: it’s not because people don’t like ads; it’s because they don’t like bad ads.

Time for a Renaissance: Making Ads That Resonate

Here’s the uncomfortable truth: adtech has become a maze of pipes and plumbing diagrams, with all the elegance of a utility bill. What we desperately need is fewer pipes and more poetry. Fewer spreadsheets, more stories. Less “always-on,” and more moments where someone asks, “Why are we doing this in the first place?” Because let’s be honest: if your ad doesn’t inspire, entertain, or at least make someone stop and notice, what’s the point?

The good news? It’s not too late to fix this mess. But it will take a cultural reset—a renaissance, if you will. Here’s where we start.

Integrate the Teams: Stop the Creative-Data Divorce

Adtech and creative teams have spent the last decade acting like estranged relatives forced to share Thanksgiving dinner—cordial at best, resentful at worst. The media planners are holed up in one room obsessing over impressions, while the creative folks are busy debating whether blue or green evokes more “trust” in a logo. Neither side understands the other’s priorities, let alone speaks the same language.

It’s time to fix that. Get everyone in the same room—literally. Stop siloing media and creative like they’re two entirely different planets. Media planners should understand the storytelling objectives, and creatives should have a basic grasp of data and targeting tools. Collaboration isn’t just nice to have; it’s essential for creating ads that both perform and resonate.

Imagine a world where media teams design placements with creative input baked in from the start. Maybe that 15-second ad isn’t the best choice for a pre-roll, or perhaps that banner ad needs a dynamic element to fit the context better. When these teams work together, the result is something greater than the sum of its parts—a campaign that feels intentional, thoughtful, and human.

Bring Back Context: Make Ads That Belong

One of the biggest casualties of programmatic advertising is context. Ads today don’t belong anywhere; they just show up, uninvited and awkward, like a party guest who didn’t check the theme. You’re binge-watching a gritty crime drama, and suddenly you’re hit with an ad for bubblegum. Or you’re scrolling through a news app, and a banner ad for cat food flashes across the screen—except you don’t even own a cat.

We need to stop this madness. Ads should feel like they belong to the environment they’re in. That means tailoring content to the platform, the audience, and even the mood of the surrounding content. Remember the early days of online advertising, when brands would skin an entire website to create a seamless, immersive experience? What happened to that? Where’s the creativity? Where’s the effort to make the ad feel like part of the experience, rather than an interruption?

Want to advertise in a mobile app? Don’t just slap a banner at the bottom of the screen—integrate your brand into the app’s design. Running ads on a streaming platform? Use pause screens and interactive overlays to create engagement, not annoyance. Context isn’t just about where your ad appears; it’s about how it makes sense in that moment.

Prioritize Emotional Engagement: Create Moments, Not Metrics

Let’s talk about clicks. Everyone loves a good click-through rate—it’s tangible, measurable, and easy to throw into a PowerPoint slide. But clicks are transactional, not emotional. And while transactions pay the bills, emotions build the relationships that keep people coming back.

Instead of designing ads to maximize CTRs, what if we designed them to create moments? Think about the ads that have stuck with you over the years—the ones that made you laugh, cry, or gasp in awe. They didn’t do that because an algorithm predicted they’d work; they did it because they made a connection. They told a story. They made you feel something.

Emotional engagement doesn’t mean abandoning performance metrics; it means redefining what success looks like. Instead of asking, “Did they click?” ask, “Did they care?” That could mean creating an ad so beautiful it stops someone mid-scroll, or crafting a campaign so clever it becomes a conversation starter. The point is to make ads that matter, not just ads that meet the minimum threshold of attention.

Fred’s Right—Plumbing Isn’t Enough

Fred Godfrey said it best: “Adtech is all plumbing and no poetry.” And here’s the thing about plumbing—it’s necessary, but it’s not exciting. Pipes don’t inspire people. Faucets don’t evoke emotion. Plumbing gets the job done, but it doesn’t make anyone sit up and take notice.

The plumbing analogy fits adtech perfectly. The pipes are in place, the systems are running, and the data is flowing. But what’s coming out of those pipes? Tepid water. What if, instead of water, we delivered champagne every once in a while? What if the end product wasn’t just functional, but delightful?

Plumbing is the infrastructure; poetry is the experience. And the best ads combine the two. They use data to inform creative decisions, but they don’t let the data dictate the story. They’re precise and targeted, but also human and relatable.

Make It Worth Watching, Engaging, and Remembering

Here’s the vision: a world where ads don’t just find their audience—they captivate them. Where every impression isn’t just a number but a chance to make an impact. Where adtech isn’t just a system of pipes but a platform for creativity, innovation, and connection.

It’s not a pipe dream—pun intended. The tools are there. The talent is there. What’s missing is the will to prioritize creativity as much as we prioritize efficiency. It’s time for a renaissance in advertising, one where data and storytelling work hand-in-hand, and where every ad is an opportunity to inspire, entertain, and engage.

Water’s great, but champagne is better. Let’s stop being satisfied with pipes and start creating something worth celebrating.

The Ad Tech Racket: How The Trade Desk is Taxing Your Campaigns Into Oblivion

Let’s talk about The Trade Desk (TTD) and their latest contribution to the world of advertising—what can only be described as a budgetary black hole. In their infinite wisdom, TTD has rebranded their “Audience Excluder” feature into something fancier-sounding, “Prism,” and slapped on a shiny new price tag that’s nearly three times the original cost. While it might sound like a minor adjustment in marketing jargon, this change is making advertisers feel like they’ve been hit by a speeding freight train loaded with fees. The worst part? These costs are automatic, unavoidable, and eat away at ad budgets before a single impression even hits the audience. It’s not a tweak; it’s an ad tech money grab, plain and simple.

A Breakdown of the Fees: Where’s the Budget Going?

Now, let’s dissect this ad tech fee buffet. TTD has managed to stack so many layers of fees onto their platform that advertisers might need an advanced degree in accounting just to keep up. Here’s how the budget is getting drained:

  • Data Alliance Fee: 8.5%
  • Cross-Device Identity Alliance: 10%
  • Prism (formerly Audience Excluder): 10%
  • Tech Fee: 12%
  • Quality Alliance & Predictive Clearing: 3.5%

When you add this all up, about 44% of an advertiser’s budget is being devoured by The Trade Desk’s own fees—before they’ve even purchased a single impression. That’s almost half the money gone, allocated to features that are automatically applied whether you need them or not. Imagine spending $1,000 on ads and watching $440 disappear into the abyss of “ad tech necessities” before you’ve even said the word “targeting.” How exactly is that sustainable?

What is the Ad Tech Tax?

The so-called “ad tech tax” isn’t new, but it’s certainly ballooning faster than anyone expected. This term refers to the cumulative fees imposed by various intermediaries in the programmatic advertising supply chain—think DSPs, SSPs, data providers, verification services, and more. Each takes their cut, and by the time you’re left with the actual media spend, it’s a fraction of what you started with. Essentially, the ad tech tax is what advertisers pay to keep the entire machinery of digital advertising running, but at this rate, it’s looking more like a ransom than a service fee.

This isn’t just an inconvenience; it’s a systemic failure. Advertisers are forced to throw more and more money at intermediaries who promise better targeting, better delivery, and better optimization. The irony? Many of these services are solving problems that didn’t even exist before this convoluted system was put into place. Back when ad networks were simpler, you’d pay a flat serving fee, run your campaign, and get results. Now, it’s a minefield of inflated fees and bloated tools, and navigating it without losing your shirt feels impossible.

But worse than the fees is the ad tech mafia—those “experts” who dominate every show, every panel, every so-called educational event. They pitch these bloated products like snake oil salesmen, telling you they’re the absolute must-haves to succeed. The truth is, they’re paid off, every single one of them, to convince you that without these tools, you’ll sink. They profit from the chaos they’ve created. They’re not simplifying anything—they thrive on making it confusing. And when it gets too messy to navigate? That’s when they swoop in, offering you the solution to a problem they manufactured. Back in the day, we could run ads on simple ad networks with a flat serving fee and call it a day. Now, the game is rigged, and the mafia wants to control every move you make.

And let’s not kid ourselves: the purpose of this bloated system isn’t just to make money—it’s to make sure other companies can’t. By adding layers of complexity, costs, and proprietary systems, TTD is building an ecosystem that’s practically impenetrable unless you play by their rules. Smaller players are either forced to integrate into The Trade Desk’s system or risk being excluded altogether. This isn’t just capitalism—it’s competitive survival of the meanest.

But what’s even more insidious is the endgame here. Let’s be clear, this isn’t a moral judgment. It’s just a cold, calculated business decision. The real goal isn’t to build a sustainable system; it’s to squeeze the industry dry while the insiders cash out. Once the stocks are sold, the investors get their returns, and the executives take their exit packages, the whole thing can collapse under its own weight for all they care. It’s a house of cards, but the ones pulling the strings will be long gone by the time it topples.

And who will be left to pick up the pieces? Advertisers, of course, scratching their heads and wondering how they got conned into paying half their budget for tools that did more harm than good. It’s not just an ad tax anymore—it’s an extinction-level event for anyone unwilling to play the game.

What This Means for Advertisers

Here’s the cold, hard truth: with nearly half of their budget gobbled up by ad tech fees, most advertisers are struggling to make campaigns profitable. The margin for error has evaporated. Any misstep in targeting, creative, or placement could mean the difference between a campaign breaking even or becoming a financial sinkhole. And as these fees creep higher, the promise of programmatic advertising—efficiency, precision, and cost-effectiveness—starts to feel like a cruel joke.

Take TTD’s Prism as an example. The feature is designed to exclude irrelevant audiences and optimize campaigns, which sounds great in theory. But at a 10% fee, it’s essentially charging advertisers for something they’ve come to expect as a baseline capability. And it’s not just Prism. TTD’s entire fee structure feels like an endless pile-on of costs that are automatically baked into the system, leaving advertisers with no choice but to pay up. It’s like being charged extra for the privilege of turning on your car’s headlights.

The Bigger Picture: A System That’s Broken

This isn’t just a Trade Desk problem—it’s a symptom of a larger issue within ad tech. The entire programmatic ecosystem has become so bloated with intermediaries and unnecessary add-ons that it’s barely recognizable from its original purpose. What was supposed to be a streamlined way to buy and sell ads has turned into a bureaucratic nightmare of fees, hidden costs, and opaque pricing structures.

And let’s not forget the amazing companies out there trying to simplify the process. Yes, they exist, and they’re doing good work, but the reason they even need to exist is that the whole system is an unholy mess. The more confusing the ecosystem, the more these mafia-approved tools and influencers get to step in and pitch their “solutions.” It’s a vicious cycle: chaos breeds opportunity, and the mafia cashes in.

Is This Sustainable?

Let’s not mince words: the current trajectory is a ticking time bomb. Advertisers are already fed up with spending half their budget funding ad tech middlemen instead of reaching actual audiences. And unless there’s a seismic shift—through regulation, innovation, or advertiser revolt—this system is headed straight for collapse.

This isn’t just speculation; I called it back in 2008 in Adweek, predicting the industry’s implosion by 2009. My argument then was simple: an ecosystem built on bloated fees, opaque pricing, and unchecked consolidation couldn’t sustain itself. Here we are, nearly two decades later, and the cracks are now gaping fissures. The difference? This time, the stakes are higher, with whispers of FTC compliance action, price fixing claims under the Sherman Act, and even class-action lawsuits swirling in the background.

There’s talk that some insiders are quietly briefing the new administration, raising red flags about monopolistic practices and price-fixing allegations.

And why wouldn’t they?

Google and a handful of other companies dominate the space so thoroughly that it’s hard not to see the parallels with other industries that have faced regulatory reckoning. This isn’t just about The Trade Desk; the entire ad tech ecosystem is teetering on the edge, and someone will eventually push it over.

If the industry doesn’t wake up and take a hard look in the mirror, advertisers will simply walk away. They’re nearing the end of their patience, and when they decide that the promise of programmatic isn’t worth the endless fees, the whole house of cards will collapse. The sad truth? The ones profiting the most—the ad tech giants and their executives—will be long gone, cashing out before the dust settles.

PubMatic Bets Big on Elon’s X: Bold Innovation or PR Suicide?

PubMatic has officially stepped into the lion’s den, announcing its partnership with Elon Musk’s X (formerly Twitter) as its first major SSP collaborator. The ad tech world is buzzing, debating whether this is a bold move toward innovation or an ill-fated march into the wreckage of a platform struggling with free-fall ad revenue and a PR image problem the size of Musk’s ego.

At its core, this partnership is about risk—and not the kind that comes with healthy market disruption. Since Musk’s acquisition of Twitter, X has become a digital carnival where hate speech, misinformation, child exploitation content, and Musk memes reign supreme. Moderation policies are practically non-existent, and brand safety has become more of a joke than a guideline. Yet here comes PubMatic, positioning itself as the savior of X’s battered advertising ecosystem.

So why is PubMatic taking this gamble? Let’s break it down.

PubMatic’s pitch is straightforward: bring its programmatic technology to X, scale its inventory, and make the platform attractive to advertisers who are skittish about Musk’s content moderation (or lack thereof). By expanding X’s ad inventory into the open internet, PubMatic is banking on advertisers valuing reach over brand safety. But here’s the thing: advertisers have already made their thoughts on X’s brand safety abundantly clear by jumping ship en masse.

X’s ad revenue tanked by nearly 50% since Musk’s acquisition, plummeting from $4.5 billion in 2022 to an estimated $2 billion this year. To make matters worse, X is still embroiled in lawsuits with major advertisers, accusing them of orchestrating an “illegal boycott.” Against this backdrop, PubMatic is wading into treacherous waters, hoping to convince brands that the platform’s vast user base is still worth targeting.

The potential rewards are undeniable. If PubMatic can successfully leverage its tech stack to clean up X’s ad inventory and attract cautious advertisers, the SSP could cement its position as a pioneer in open internet programmatic. The partnership also opens up opportunities to access X’s user data for targeting and measurement, potentially creating a more efficient and scalable advertising solution. This could even lead to innovations that redefine programmatic advertising standards. However, the risks loom just as large.

Brand safety remains a critical concern. While PubMatic has built its reputation on maintaining high standards, its association with X could tarnish that image, especially if ads end up running next to hate speech or other unsavory content. This is where the real gamble lies: can PubMatic convince advertisers to overlook X’s tarnished reputation in favor of broader reach and cheaper impressions?

Complicating matters further is PubMatic’s recent partnership with Roblox, a platform synonymous with kid-friendly content and creative engagement. On the surface, Roblox and X couldn’t be more different, yet PubMatic is now tasked with balancing both. Its collaboration with Roblox aims to scale programmatic video offerings and establish standards for 3D media units, a forward-thinking move that aligns with PubMatic’s innovation narrative. However, juggling Roblox’s squeaky-clean image alongside X’s chaotic free-for-all could result in a PR nightmare.

This partnership also hinges on an unspoken cultural shift. PubMatic seems to be betting that “wokeism fatigue” among brands and audiences could make them less concerned about associating with platforms like X. If Trump regains political power in 2024, and the pendulum swings back against progressive ideals, this could bolster PubMatic’s gamble. But if brands continue to prioritize inclusivity and brand safety, the SSP may find itself out in the cold.

The advertising industry’s reaction has been mixed. Optimists argue that PubMatic is seizing a unique opportunity to bring innovation to a platform desperately in need of a lifeline. By expanding X’s reach into the $26 billion open internet native display and video ad market, PubMatic could help unlock new revenue streams and attract a more diverse pool of advertisers. On the other hand, skeptics warn that PubMatic is putting its reputation on the line by associating with a platform that has become a symbol of unchecked toxicity.

At its core, this partnership forces advertisers to confront a critical question: are cheaper impressions worth the risk of a brand safety scandal? With Musk’s laissez-faire approach to content moderation showing no signs of changing, the risks remain high.

PubMatic’s bold move could either position it as the SSP that redefined programmatic advertising for 2025 or leave it as a cautionary tale of what happens when you mix ambition with recklessness. Whether this gamble pays off or backfires spectacularly, one thing is certain: the entire industry will be watching.

So buckle up, PubMatic. You’ve stepped into the big leagues of chaos. Here’s hoping that hazmat suit holds up.