Mumbai: IAB Tech Lab, the global digital advertising technical standards-setting body, unveiled its new Advanced TV Initiative. Developed within the Advanced TV Commit Group, the initiative is set to bridge the gap between traditional linear TV, digital video, and live streaming.
Initially, the Commit Group’s primary focus is implementing a creative ID framework and conducting a dedicated workshop. This registered creative ID – overseen by organizations managing metadata and access controls – will outline the integration process for all supply chain members.
Additionally, it will include essential information about advertisers, represented products, and technical specifications – details crucial to various ad placement scenarios such as frequency capping, competitive separation, measurement, and cross-platform creative reconciliation.
“We understand that interoperability across distribution environments is critical to achieving better reconciliation, auditability, and verification,” said IAB Tech Lab COO & EVP of product Shailley Singh. “This effort emphasizes standardization and interoperability, paving the way for a unified and integrated television advertising reconciliation framework, freeing up thousands of hours of legacy inefficiencies, and saving media companies time and money.”
While TV viewing remains consistent for consumers, the underlying technologies for content delivery and advertising signaling vary across different platforms. To tackle this fragmentation, key companies in the industry have joined together to create foundational elements crucial for enhancing interoperability among these distribution environments.
“NBCUniversal’s north star is making sure our partners’ marketing dollars are as effective as they can be,” said NBCUniversal Advertising & Partnerships and IAB Tech Lab Board Member EVP advertising, platforms and operations, Ryan McConville. “The Commit Group is making significant strides advancing standardization and interoperability for the industry, which are critical components of driving efficiency and creating better, more impactful advertising.”