Wednesday, October 6, 2021

MadHive Expands Google Cloud Operations For Local TV Station CTV Platforms

 

MadHive Expands Google Cloud Operations For Local TV Station CTV Platforms

Looking to boost its growing connected TV "infrastructure-as-service" for TV station groups, MadHive has struck a deal with SADA, a Google Cloud technology partner, paying it $100 million over six years to expand MadHive’s cloud operations.

This builds on MadHive’s original five-year, $50-million deal with SADA, which was struck last year.

MadHive’s clients include TV stations’ locally based OTT advertising platforms, including Fox Television Station’s FLX; Tegna’s Premion; Hearst Anyscreen and Scripps’ Octane OTT. These locally based OTT operations -- once packaged with local, linear TV media schedules -- add reach to local TV advertising media buys.

For MadHive, the deal adds to the company's efforts around fraud detection, attribution, OTT audience forecasting, and audience based-buying.

In 2019, MadHive struck a deal with Vizio’s Inscape, the smart TV data company, to integrate Inscape data from 11 million smart TVs to help its effort in delivering a national OTT measurement/forecasting tool for advertisers.

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