Nexxen Launches Deal Marketplace for Premium Video, TV and Display
October 28 2024 - 8:00AM
Nexxen, a global, flexible advertising technology platform with
deep expertise in data and advanced TV, today announced the launch
of Deal Marketplace, the newest feature within its demand-side
platform, Nexxen DSP. With a centralized interface, Deal
Marketplace is built to enable advertisers to better discover,
visualize and activate preferred deals across connected TV (“CTV”),
online video (“OLV”) and display, reducing overall time spent
planning and executing campaigns.
The marketplace was designed to improve
efficiency while also empowering advertisers to make data-backed
decisions. Through Nexxen’s Deal Marketplace, advertisers gain
transparency into a wide range of premium supply inventory,
leveraging advanced audience-targeting capabilities.
These deals include TV Audiences – custom
audience segments accessible via Nexxen’s proprietary TV
Intelligence solution, which combines both linear and streaming
viewership data – as well as content-level targeting and
first-to-market CTV high-attention and green media options. Deal
Marketplace also offers inventory through contextually curated
private marketplace (“PMP”) deals, crafted using a blend of content
and audience-layered data.
“Deal Marketplace is a further example of
Nexxen’s commitment to addressing key industry challenges in
premium video and streaming,” said David Roman, senior vice
president, Nexxen DSP. “Through Deal Marketplace, we are reducing
the time it takes buyers to discover and activate high-quality
deals, so they can get back to what matters. Alongside the
streamlined system, Deal Marketplace offers flexible technology,
unique packages and differentiated targeting solutions and data
sources.”
About Nexxen
Nexxen empowers advertisers, agencies,
publishers and broadcasters around the world to utilize data and
advanced TV in the ways that are most meaningful to them. Our
flexible and unified technology stack comprises a demand-side
platform (“DSP”) and supply-side platform (“SSP”), with the Nexxen
Data Platform at its core. With streaming in our DNA, Nexxen’s
robust capabilities span discovery, planning, activation,
monetization, measurement and optimization – available individually
or in combination – all designed to enable our partners to reach
their goals, no matter how far-reaching or hyper niche they may
be.
Nexxen is headquartered in Israel and maintains
offices throughout the United States, Canada, Europe and
Asia-Pacific, and is traded on the London Stock Exchange (AIM:
NEXN) and NASDAQ (NEXN). For more information, visit
www.nexxen.com.
Forward-Looking Statements
This press release contains forward-looking
statements, including forward-looking statements within the meaning
of Section 27A of the United States Securities Act of 1933, as
amended, and Section 21E of the United States Securities and
Exchange Act of 1934, as amended. Forward-looking statements are
identified by words such as “anticipates,” “believes,” “expects,”
“intends,” “may,” “can,” “will,” “estimates,” and other similar
expressions. However, these words are not the only way Nexxen
identifies forward-looking statements. All statements contained in
this press release that do not relate to matters of historical fact
should be considered forward-looking statements, including without
limitation statements regarding the benefits associated with any of
Nexxen’s products and platforms including the Nexxen Marketplaces,
Discovery Tool, cross-screen measurement tools, Data Platform and
CTV offering. These statements are neither promises nor guarantees
but involve known and unknown risks, uncertainties and other
important factors that may cause Nexxen’s actual results,
performance or achievements to be materially different from its
expectations expressed or implied by the forward-looking
statements, including, but not limited to, the following: negative
global economic conditions; global conflicts and war, including the
current terrorist attacks by Hamas, and the war and hostilities
between Israel and Hamas and Israel and Hezbollah, and how those
conditions may adversely impact Nexxen’s business, customers, and
the markets in which Nexxen competes. Nexxen cautions you not to
place undue reliance on these forward-looking statements. For a
more detailed discussion of these factors, and other factors that
could cause actual results to vary materially, interested parties
should review the risk factors listed in the Company’s most recent
Annual Report on Form 20-F, filed with the U.S. Securities and
Exchange Commission (www.sec.gov) on March 6, 2024. Any
forward-looking statements made by Nexxen in this press release
speak only as of the date of this press release, and Nexxen does
not intend to update these forward-looking statements after the
date of this press release, except as required by law.
For more information, please
contact:
Genevieve WheelerCommunications
Directorgwheeler@nexxen.com
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