Welcome to News Views, CASBAA’s news round-up culled from sources across the industry for the week ending Mar 24th. Curated by CASBAA, News Views keeps you in the loop. We always value your feedback, so tell us what you think!
Just when the cable guys thought they’d identified all the exigent threats to the pay TV business, savvy Dutch company Altice announced it is expanding in the advertising market with the takeover of TEADS, one of the largest online video advertising exchanges. TEADS is especially strong in Altice’s two largest markets, the US and France. Altice for its part is the fourth largest broadband provider in the US after its takeover Cablevision last year, and expects the that acquiring TEADS will help it develop better advertising to deliver to its fixed and mobile customers. It is also a shot in the arm for the development for real time programmatic online ads being served. Altice will provide clients with data-driven, audience-based advertising solutions on multiscreen platforms including TV, digital, mobile and tablets. All in all, this puts Altice in a very strong position to grow its global advertising platform and better monetize its core telecommunications access and content business.