In the spirit of reconciliation Sohn Hearts & Minds acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.

TradeDesk ‘next big thing in media’ tips Munro Partners’ Nick Griffin

Nick Griffin at Munro Partners has tipped TradeDesk as the next big thing in media, at the Sohn Hearts & Minds Conference in Sydney on Friday.
Andrew White
The Australian
 • 
Nov 22, 2019

Nick Griffin at Munro Partners has tipped TradeDesk as the next big thing in media, at the Sohn Hearts & Minds Conference in Sydney on Friday.


The company trades advertising and programming inventory and is set to be a major winner in the streaming wars that are now gripping the media industry.


Griffin said the major driver is the digitisation of broadcast media that is shifting audiences and business models to streaming services.


Giants such as Disney are in the process of junking their previous model of supplying movies and TV shows to media companies, to creating its own streaming service offered direct to consumers from this month.


Once that same process happens in broadcast television - such that Channel Nine is streamed rather than broadcast - advertisers would be able to target ads to viewers in the same way they are already done on Facebook and Google or viewing newspaper websites.


“Programmatic advertising means that the ad I see will be different to the ad you see, even for the same program,” Griffin said.


TradeDesk, founded by Jeff Green, will enable the trading of those ads and eyeballs to the traditional media as they fightback against Google and Facebook, which have been the most successful in addressing the market to date.


Unlike the previous era, no single media company could own the industry, but TradeDesk could.


Mr Griffin said the company would benefit from a double growth dynamic with the programmatic advertising market growing at 5-10 per cent and TradeDesk growing its share of the market from 10 per cent to 20 per cent.


This article was originally posted on The Australian here.

Licensed by Copyright Agency. You must not copy this work without permission.

Further Reading

75
speakers
2200
attendees
55
partnerships
+$20M
speakers
103
speakers
146
partnerships
3100
attendees
+$20M
DONATED