IAB https://www.iab.com/ Empowering the Media and Marketing Industries to Thrive in the Digital Economy Wed, 13 Mar 2024 16:45:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.3 Digital Industry Moves Aggressively to Privacy-by-Design, According to IAB’s Annual State of Data Report https://www.iab.com/news/iab-state-of-data-report-2024 Thu, 14 Mar 2024 12:15:06 +0000 https://www.iab.com/news/?p=178565 Closed ecosystems benefit; smaller publishers face daunting, costly challenges New York – March 14, 2024 – Today, IAB released its annual report, “State of Data 2024: How the Digital Ad Industry is Adapting to the Privacy-by-Design Ecosystem.” The study, conducted by IAB in partnership with BWG Strategy, surveyed over 500 advertising and data experts at brands, … Continued

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Closed ecosystems benefit; smaller publishers face daunting, costly challenges

New York – March 14, 2024 – Today, IAB released its annual report, “State of Data 2024: How the Digital Ad Industry is Adapting to the Privacy-by-Design Ecosystem.

The study, conducted by IAB in partnership with BWG Strategy, surveyed over 500 advertising and data experts at brands, agencies, and publishers. It reveals the substantial operational and financial adjustments being undertaken by the digital ecosystem as it moves towards a privacy-by design architecture.

“The meaningful investments being made are proof positive of the industry’s commitment to a privacy-first orientation,” said David Cohen, Chief Executive Officer, IAB. “Executives are taking notice and funding the right initiatives for the next stage of industry growth”.

Key findings from the study include:

Nearly all (95%) advertising and data decision-makers at brands, agencies, and publishers expect continued signal loss and/or privacy legislation in 2024 and beyond.

The industry is investing in hiring new subject matter experts (SMEs), updating training for their staff, creating dedicated teams, expanding their legal expertise, leveraging new technology, and increasing first-party data efforts.

82% of the respondents said the makeup and structure of their organizations have been impacted by legislation and signal loss. Nearly 80% are training or planning to train their staff directly in data/privacy-related topics, while half of companies are creating or planning to create dedicated teams/departments (49%) and hiring or planning to hire external SMEs (48%).

Respondents believe the new paradigm will challenge targeting, personalization, and measurement. 

More than half expect it to be harder to track conversions overall (55%), post-view conversions (52%), attribute campaign/channel performance (55%), measure ROI (55%), make optimizations (50%), and measure frequency (50%) and reach (47%). Nearly nine-in-ten ad buyers report shifts in personalization tactics, ad spend, and their mix of first, second, and third-party data. Over three-in-four cite selection changes in media channels and KPIs, along with more seller-direct deals.

To improve data quality, brands, agencies, and publishers are turning to first-party data and data-enrichment tools. 

The study found that 71% of brands, agencies, and publishers are currently or planning to grow their first-party datasets, nearly twice the rate of just two years ago (41%).

“To tackle data quality challenges, it’s crucial for brands, agencies, and publishers to continue to adopt innovative analytical methods including artificial intelligence (AI), machine learning, and media mix modeling that are less dependent on tracking signals and third-party cookies,” said Angelina Eng, VP Measurement, Addressability & Data Center, IAB.

The shift to privacy-by-design is transforming media planning and buying. 

Ad spend that taps first-party data and engages audiences at scale are being prioritized. Nearly nine-in-ten ad buyers report a shift in message personalization strategies (89%), ad investment costs (87%), and over three-in-four cite selection changes in media channels (81%) and KPIs (79%), along with more seller-direct deals.

Ad buyers are shifting budgets to Connected TV, retail media, search, and social networks which rely less on cookies, provide access to valuable first-party data and precise targeting, and contain embedded measurement.

Overhauling and reinventing data processes is a costly sea change that will hurt small and medium-sized publishers and favor giants.

Large companies are investing more in identity anonymization training (79%) than small companies (64%). They are also investing more in training in privacy-preserving technologies (62%) — which can cost over $2 million annually — than small companies (44%). Signal loss is already pushing advertising budgets toward closed ecosystems at a moment when independent publishers can least afford to lose revenue.

“The industry’s embrace of privacy-by-design is the right thing for the industry and consumers alike,” Eng continued. “But if small independent publishers aren’t protected, the vibrant, independent open web that consumers love is at serious risk.”

The study, State of Data 2024: How the Digital Ad Industry is Adapting to the Privacy-by-Design Ecosystem can be downloaded here.

About IAB
The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

About BWG Strategy
Established in 2013, BWG Strategy is a primary research firm with an unwavering commitment to data quality. Our journey began with hosting live in-person events featuring industry thought leaders in New York City. These events have established BWG as a trusted thought partner to the buyside community.​ As BWG’s reputation for investment-grade insights grew, so did the strong client following. Today, BWG’s research is leveraged by 300+ investment firms managing over $6T in assets. BWG supports multi-strategy funds, private equity and venture capital investors, as well as corporate decision makers in finding answers to their most challenging questions.​ BWG Custom Research, the firm’s fastest growing segment, delivers meticulously tailored custom research projects to help clients in their research and decision making. BWG Custom Research team is proud to serve a diverse client portfolio that spans the top private equity and management consulting firms, and Fortune 500 corporations. BWG Custom Research offers solutions for a wide array of use cases, including product marketing, mergers and acquisitions, customer and competitor studies and thought leadership. This dynamic evolution underscores BWG Strategy’s commitment to providing innovative, tailored research solutions that empower its clients to excel in an ever-changing business landscape.

IAB Media Contacts
Brittany Tibaldi / Michael Vaughan
347-487-6794 / 813-210-1706
btibaldi@kcsa.com/mvaughan@kcsa.com

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IAB Supports Children’s Online Privacy, Warns FTC Against Rules Jeopardizing Access to Safe, Healthy Content https://www.iab.com/news/iab-supports-childrens-online-privacy-warns-ftc-against-rules-jeopardizing-access-to-safe-healthy-content Tue, 12 Mar 2024 13:30:04 +0000 https://www.iab.com/news/?p=178837 WASHINGTON, D.C. – In response to proposed changes by the Federal Trade Commission (FTC) to its Children’s Online Privacy Protection Rule, Interactive Advertising Bureau (IAB) has filed public comments expressing members’ commitment to protecting children’s online privacy and access to safe, age-appropriate content. The trade association also questions departures from precedent that could jeopardize online … Continued

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WASHINGTON, D.C. – In response to proposed changes by the Federal Trade Commission (FTC) to its Children’s Online Privacy Protection Rule, Interactive Advertising Bureau (IAB) has filed public comments expressing members’ commitment to protecting children’s online privacy and access to safe, age-appropriate content. The trade association also questions departures from precedent that could jeopardize online products and services for a variety of audiences.

Broadening the definition of “personally identifiable information” new FTC rules could prevent photo, video and voice applications common in gaming and other media, as well as screen names, avatars and other features that have become standard practice online, according to IAB.

The FTC’s Notice of Proposed Rulemaking (NPRM) could “eviscerate COPPA’s support for the internal operations exception,” allowing anonymous data collection, aggregation and analysis for the purposes of fraud detection, product improvement, payment and delivery functions, optimization, statistical reporting, and other basic business functions.

Congress passed the Children’s Online Privacy Protection Act of 1998, or COPPA, to define FTC authority over websites or online services directed to children under 13 years of age.

“We support online privacy for kids, but some of these changes would make it extremely difficult for companies to offer any products or services at all. The FTC is proposing to ban identifiers that encourage or prompt use of a website or online service,’ but that could mean anything,” said Lartease Tiffith, Executive Vice President for Public Policy at IAB. “The FTC has long recognized repeatedly that collecting identifiers… is fundamental to the smooth functioning of the Internet, the quality of the site or service, and the individual’s user experience,” he writes in today’s filing.

Contextual advertising clearly falls under that category, he writes. “The Commission should not disturb the longstanding position that contextual advertising falls within the support for internal operations exception.”

“Data-driven advertising supports and subsidizes the online content and services consumers, including children, rely on and expect. Regulation that impedes data-driven advertising has the potential to disrupt or decrease the varied and enriching content children can access and learn from online.”

About IAB
The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Kate Tumino / Brittany Tibaldi
212-896-1252 / 347-487-6794
ktumino@kcsa.com/ btibaldi@kcsa.com

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IAB PlayFronts Returns for Third Year, Reinforcing Gaming Advertising’s Effectiveness https://www.iab.com/news/iab-playfronts-returns-for-third-year-reinforcing-gaming-advertisings-effectiveness Thu, 29 Feb 2024 13:30:55 +0000 https://www.iab.com/news/?p=178243 Industry Leaders Gather to Discover the Latest Trends and Insights in Gaming Advertising NEW YORK – February 29, 2024 – For the third consecutive year, the Interactive Advertising Bureau (IAB) gears up for IAB PlayFronts. On March 26th-27th, industry leaders from gaming companies, streaming platforms, and adtech partners will gather at Convene in New York … Continued

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Industry Leaders Gather to Discover the Latest Trends and Insights in Gaming Advertising

NEW YORK – February 29, 2024 – For the third consecutive year, the Interactive Advertising Bureau (IAB) gears up for IAB PlayFronts. On March 26th-27th, industry leaders from gaming companies, streaming platforms, and adtech partners will gather at Convene in New York City (1221 6th Avenue) for an event that defines the gaming advertising landscape and showcases creative opportunities for brands.

As the dedicated marketplace for the gaming industry, IAB PlayFronts is the must-attend event to discuss the current and future state of the gaming advertising ecosystem. Industry experts will feature the latest trends and consumer insights in gaming advertising, demonstrate unique creative opportunities for brands to drive incremental revenue, and discover new audiences. Focus will include navigating measurement and diverse ad formats to maximize engagement and effectiveness in this evolving space.

“IAB PlayFronts empowers brands and agencies to mobilize the full potential of gaming as a strategic advertising channel,” said Carryl Pierre-Drews, EVP and Chief Marketing Officer, IAB. “As the gaming landscape undergoes constant evolution, the burgeoning demand prompted our decision to expand IAB PlayFronts to a second day, reaffirming the ability of gaming to deliver meaningful business results.”

On March 26, IAB will release the first quantitative study of why brands and agencies continue to leverage games advertising, what success they’re seeing across the marketing funnel, and how gaming drives results compared to other channels. Additionally, IAB will release its Creative Guidelines and Best Practices in Advertising in Gaming. These guidelines aim to set industry standards for balancing effective in-game advertising with player experience across mobile, PC, and web-based games, offering crucial guidance for advertisers, agencies, game publishers, and platforms to craft engaging creative content.

“Brands are investing significantly in gaming, with 93% of media buyers intending to activate in gaming by 2025,” said Zoe Soon, Vice President of the Experience Center at IAB. “For brands, gaming presents an enormous opportunity to embed themselves in consumers’ stories and in moments of triumph, community, engagement, and connection with themselves and others. It’s an effective way to access attention, cut through the noise and boost brand recall, and loyalty with audiences.”

IAB PlayFronts Presenter Schedule
Day 1: Tuesday, March 26, 2024 Day 2: Wednesday, March 27, 2024
8:30 – 9:30 AM
Networking Breakfast
8:30 – 9:30 AM
Networking Breakfast
9:30 – 9:35 AM
Welcome Remarks
David Cohen, CEO, IAB
9:30 – 9:50 AM
Welcome Remarks and Gaming and Immersive
Social Research Presentation
Zoe Soon, Vice President, Experience Center, IAB
and
Jack Koch, SVP, Research & Insights, IAB
9:35 – 9:55 AM
IAB Keynote
Zoe Soon, Vice President, Experience Center, IAB
9:50 – 10:10 AM
Presentation by Twitch
9:55 – 10:15 AM
Presentation by Activision Blizzard Media
10:10 – 10:30 AM
Presentation by Gamefam
10:20 – 10:40 AM
Presentation by Super League
10:35 – 10:55 AM
Presentation by Yahoo!
10:40 – 11:20 AM
Networking Break
10:55 – 11:35 AM
Networking Break
11:25 – 11:45 AM
Presentation by Ubisoft
11:40 – 11:50 AM
Presentation by Samsung Ads
11:45 – 11:55 AM
Presentation by Anzu
11:50 AM – 12:10 PM
Presentation by Moonrock
12:00 – 12:20 PM
Presentation by Digital Turbine
12:15 – 12:25 PM
Presentation by Niantic
12:20 – 12:40 PM
Presentation by Playwire
12:25 – 12:35 PM
Presentation by Fandom
12:40 – 1:40 PM
Networking Lunch
12:35 – 12:50 PM
Presentation by PlayerWON
1:45 – 2:05 PM
Presentation by Zynga Ads
12:45 – 12:50 PM
Closing Remarks
Zoe Soon, Vice President, Experience Center, IAB
2:30 – 2:50 PM
Presentation by Overwolf Ads
12:50 – 1:50 PM
Networking Lunch
2:50 – 3:10 PM
Presentation by Admazing
3:15 – 3:55 PM
Networking Break
3:55 – 4:15 PM
Presentation by SuperAwesome
4:20 – 4:30 PM
Presentation by Livewire
4:30 – 4:50 PM
Presentation by Bent Pixels
4:50 – 5:00 PM
Presentation by Enthusiast Gaming
5:00 – 5:05 PM
Closing Remarks
5:05 – 6:05 PM
Networking Reception

All times are in ET; Speakers and timing are subject to change. For an up-to-the-minute agenda, please refer to the IAB website.

This event is invite-only for qualified brand marketers and agency professionals. For more information on IAB PlayFronts or to request a pass, please visit: https://www.iab.com/playfronts/.

About IAB
The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Brittany Tibaldi / Michael Vaughan
347-487-6794 / 813-210-1706
btibaldi@kcsa.com / mvaughan@kcsa.com

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IAB Defends Online Speech, Commerce at FTC https://www.iab.com/news/iab_defends_online_speech_commerce_at_ftc Fri, 09 Feb 2024 21:11:17 +0000 https://www.iab.com/news/?p=177519 WASHINGTON, D.C. – Interactive Advertising Bureau (IAB), the leading trade body for the digital advertising industry, continues to make its case to the Federal Trade Commission (FTC) that the agency’s proposed rules for consumer reviews and testimonials would stifle legitimate opinion and potentially violate the First Amendment. At a virtual hearing next Tuesday, IAB’s EVP … Continued

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WASHINGTON, D.C. – Interactive Advertising Bureau (IAB), the leading trade body for the digital advertising industry, continues to make its case to the Federal Trade Commission (FTC) that the agency’s proposed rules for consumer reviews and testimonials would stifle legitimate opinion and potentially violate the First Amendment. At a virtual hearing next Tuesday, IAB’s EVP for Public Policy Lartease Tiffith will also present evidence the FTC is avoiding public input into the rulemaking process requiring “robust and meaningful” hearings.

“IAB fully supports rules prohibiting fake reviews and to punish bad actors. Unfortunately, the FTC’s latest proposal for online reviews, an essential component of success for businesses competing in today’s economy, and a form of free expression, could prohibit incentives for real customer reviews, prevent employees from speaking their minds online, and unfairly punish businesses unable to verify the authenticity of reviews,” said Tiffith.

Section 230 of the Communications Decency Act protects internet service providers and platforms from liability for third-party content, for example customer reviews, said Tiffith. “The FTC is underestimating the effects of these rules and needs to explain its conclusions in open dialog. Businesses, including small businesses subject to big fines and penalties, could be punished for the behavior of others.”

In its latest filing with the agency, IAB describes a rushed rulemaking process, similar to one underway for proposed FTC rules for online subscriptions. After the FTC denied IAB’s request for more hearings to cross-examine its experts, an administrative judge has set a third hearing next week, finding in favor of IAB. That hearing for the so-called “negative option” rule will take place on Wednesday. To view IAB’s second FTC appearance next week, click here.

“In its zeal to regulate digital advertising and marketing, the FTC is overlooking myriad benefits to consumers and our economy, as well as some fundamental constitutional issues,” said Tiffith. “We’re making sure officials there have all the facts, and the agency is following procedure, in hopes of narrowing the scope of very broad rules with consequences for every internet user.”

About IAB
The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Kate Tumino / Brittany Tibaldi
212-896-1252 / 347-487-6794
ktumino@kcsa.com/ btibaldi@kcsa.com

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IAB and MRC Release Augmented Reality Measurement Guidelines For Public Comment https://www.iab.com/news/iab-and-mrc-release-augmented-reality-measurement-guidelines-for-public-comment Thu, 08 Feb 2024 13:15:39 +0000 https://www.iab.com/news/?p=177139 Guidelines Define Metrics to Effectively Capture the Impact of AR Campaigns Public Comment Open Until March 9, 2024 NEW YORK, February 8, 2024 – In collaboration, the Interactive Advertising Bureau (IAB) and Media Rating Council (MRC) have released their Augmented Reality (AR) Measurement Guidelines to establish clear and consistent definitions and measurement guidelines for ads … Continued

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Guidelines Define Metrics to Effectively Capture the Impact of AR Campaigns

Public Comment Open Until March 9, 2024

NEW YORK, February 8, 2024 – In collaboration, the Interactive Advertising Bureau (IAB) and Media Rating Council (MRC) have released their Augmented Reality (AR) Measurement Guidelines to establish clear and consistent definitions and measurement guidelines for ads within Augmented Reality campaigns. The guidelines are open for public comment for a 30-day period until March 9th, 2024.

The IAB AR Measurement Guidelines Task Force, working with MRC, set forth guidelines for advertisers and marketers to quantify how much media is delivered and gauge how well their media achieved their business objectives within AR media campaigns.

“Brands are increasingly utilizing AR in their media campaigns to connect with consumers in more meaningful and immersive ways,” said Zoe Soon, VP, Experience Center, IAB. “The Augmented Reality advertising market is projected to generate $1.2 Billion in revenue in the U.S. this year. Thus, as an industry, we need to establish a greater consistency on how we define and measure AR advertising to foster fairness and transparency for buyers and sellers.”

To effectively capture the impact of AR campaigns, these guidelines set a framework to establish clear and consistent definitions for ad delivery, viewability, audience, engagement, and performance. The guidelines are inclusive of AR’s interactive and immersive formats as AR can accrue non-physical interactions with products as well as the physical interactions related to browsing in the context of attribution.

“The efforts to draft these guidelines involved developing a deep understanding of the AR measurement landscape through collaboration with the IAB AR Measurement Guidelines Task Force, we created a measurement framework for ad delivery, audience, engagement, and outcomes that provides consistency with other digital measurement while reflecting unique aspects of the AR environment,” added Ron Pinelli, SVP Digital Research and Standards, MRC. “This public comment period is an opportunity for all members of the digital advertising community – brands, publishers, agencies, and ad tech companies – to join the conversation and share their feedback regarding AR advertising measurement and work together to address the present and future of AR advertising experiences.”

“Over the last decade, we’ve seen first-hand the value augmented reality (AR) has for our community and for brands looking to engage consumers,” said Ty Ahmad-Taylor, Vice President, Product Growth, Snap Inc. “We’re excited to partner with IAB and MRC, and help the industry navigate effective AR campaign measurement. The AR Measurement Guidelines Task Force is playing a leading role in defining the future of AR advertising, and we look forward to using these guidelines to help partners maximize their AR outcomes.”

The proposed IAB/MRC Augmented Reality (AR) Guidelines can be reviewed here. Questions and comments can be sent to experience-center@iab.com.

About IAB
The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

About MRC
The Media Rating Council is a non-profit industry association established in 1963 comprised of leading television, radio, print and digital media companies, as well as advertisers, advertising agencies and trade associations, whose goal is to ensure measurement services that are valid, reliable and effective.  Measurement services desiring MRC accreditation are required to disclose to their customers all methodological aspects of their service; comply with the MRC Minimum Standards for Media Rating Research as well as other applicable industry measurement guidelines; and submit to MRC-designed audits to authenticate and illuminate their procedures. In addition, the MRC membership actively pursues research issues they consider priorities in an effort to improve the quality of research in the marketplace. Currently approximately 110 research products are audited by the MRC. Additional information about MRC can be found at www.mediaratingcouncil.org.

IAB Media Contacts
Brittany Tibaldi / Michael Vaughan
347-487-6794 / 813-210-1706
btibaldi@kcsa.com / mvaughan@kcsa.com

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Nearly 8 in 10 Consumers Would Rather Receive More Ads Than Pay for Digital Content and Services, According to IAB Research https://www.iab.com/news/consumer-privacy-research Tue, 30 Jan 2024 13:25:12 +0000 https://www.iab.com/news/?p=176613 Gen Z values the ad-supported internet nearly twice as much as Boomers New York – January 29, 2024 –Today IAB, the digital media and marketing trade association, released its first-ever, comprehensive Consumer Privacy Study titled “The Free and Open Ad-Supported Internet: Consumers, Content, and Assessing the Data Value Exchange.”  The research aimed to gain insights … Continued

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Gen Z values the ad-supported internet nearly twice as much as Boomers

New York – January 29, 2024 –Today IAB, the digital media and marketing trade association, released its first-ever, comprehensive Consumer Privacy Study titled “The Free and Open Ad-Supported Internet: Consumers, Content, and Assessing the Data Value Exchange.” 

The research aimed to gain insights into consumer thoughts, preferences, and concerns regarding their personal data and digital advertising overall.

Consumers Agree a ‘Free And Open’ Internet Is Important To Democracy And Free Speech

The study found that 80% of consumers agree the free and open internet is a social good; 79% feel that it would be unfair to lower-income consumers if websites/apps were not “free and open.”

Consumers Understand the Internet Is Ad-Supported and Are Willing to Watch More Ads for More Free Services

  • A significant majority (80%) of consumers agree that websites/apps are free because of advertising.
  • Almost 70% agree that it’s fair to receive ads in exchange for free services.
  • Nearly 80% of consumers would prefer to get more ads in turn for having to pay nothing for websites/apps.
  • Nearly all (91%) of consumers would react negatively, including being frustrated, disappointed, angry, confused, or sad if they had to start paying for the websites/apps they currently use for free. When it comes to personalized ads, the study found that almost 90% of consumers prefer them and 87% are more likely to click on ads for products they’re interested in or shopping for.

Although Laws Exist to Protect Consumers Around Sharing Their Data, Most Are Unaware of Them

While about 85% feel it’s important when websites/apps tell them the specific data they share, allow them to see and delete that data, and provide choices regarding the types and levels of tracking they will allow, few realize that most of those protections already exist in some form or other. The study found that 74% of consumers are unaware of data privacy laws in some of the U.S. states (California, Connecticut, Colorado, Virginia, Utah and others) and Europe (GDPR).

“Contrary to what some believe, this research unequivocally shows that consumers are aware of the value exchange between their data and personalized content and ad experiences.” said David Cohen, CEO, IAB.  “The ad-supported internet is good for consumers, it’s good for society, and it democratizes access to information and entertainment.”

Still, nearly half (49%) think websites/apps do not give enough information regarding how their data is used. “The ad industry must reinforce to consumers that sharing their data is both safe and beneficial to them”, continued Cohen, “including the fact that by default, advertising is not selling consumers’ data”.

Gen Z Values The Ad-Supported Internet Nearly Twice as Highly as Boomers

Overall, when asked what someone would have to pay them to stop using it, consumers said they value the total internet at $38,000 a year: for perspective, that’s more than half of the real median U.S. household income.

But while Boomers value the internet at $29,000/year, the value to Gen Z was nearly double, at $54,000 a year.

“As an industry, we need to speak together with one voice,” continued Cohen. “We need to make it clear that consumers — especially Gen Z — understand the value of the ad-supported internet and wouldn’t want to live without it. We’re committed to giving consumers the free and open internet experiences they want while protecting their privacy.”

The Ad-Supported Free and Open Internet: Consumers, Content, and Assessing the Data Value Exchange report can be downloaded here.

About IAB
The Interactive Advertising Bureaue mpowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Brittany Tibaldi / Michael Vaughan
347-487-6794 / 813-210-1706
btibaldi@kcsa.com/mvaughan@kcsa.com

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IAB Board of Directors Announces John Halley, President of Paramount Advertising, as New Board Chair for 2024 https://www.iab.com/news/iab-announces-new-board-of-directors-chair-paramount-john-halley-and-vice-chair-gm-shenan-reed Sun, 28 Jan 2024 20:00:38 +0000 https://www.iab.com/news/?p=176928 Shenan Reed of General Motors appointed as Vice Chair of the IAB Board NEW YORK, January 28, 2024 – The Interactive Advertising Bureau (IAB), the digital media and marketing trade association, today announced that it has named John Halley, President, Paramount Advertising, Paramount as the new Chair of the trade organization’s Board of Directors. Halley has served … Continued

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Shenan Reed of General Motors appointed as Vice Chair of the IAB Board

NEW YORK, January 28, 2024 – The Interactive Advertising Bureau (IAB), the digital media and marketing trade association, today announced that it has named John Halley, President, Paramount Advertising, Paramount as the new Chair of the trade organization’s Board of Directors. Halley has served on the board since March 2021, most recently as the Vice Chair.  

Halley takes on the role that was held by Alysia Borsa, Chief Business Officer and President of Lifestyle, Health and Finance, at Dotdash Meredith. Borsa will continue to remain on the IAB Board and on the Executive Committee. Additionally, Shenan Reed, Global Chief Media Officer of General Motors, will move into the role of Vice Chair. 

“The strength of IAB — and the strength of our industry — depends on our ability to attract the very best talent to our Board. John and Shenan bring a wealth of experience, a readiness to confront the industry’s toughest challenges, and a thirst for innovation that is inspirational. This year will be meaningful as we are grappling with trends defining the digital ecosystem, from the seismic shift in privacy and addressability, AI, unified identity and the retirement of third-party cookies. I’m so pleased to welcome them aboard,” said David Cohen, CEO, IAB.

“I am eager to work alongside Alysia, David, Shenan, and the rest of the board to ensure we are helping all stakeholders improve and evolve the digital ecosystem during such a critical time,” said Halley. “IAB is doing important work, and I look forward to contributing additional perspective as we map our path to the future.”

“The trajectory of digital growth hinges on the strategic decisions we make today,” said Reed. “Collaborating with John, David, and the entire IAB Board on the intriguing challenges ahead, we will have an increased emphasis placed on initiatives supporting sustainability, diversity, and breakthrough creativity at scale. Our choices now pave the way for better consumer experiences with media, and a markedly different industry by 2030.”

New members of the IAB Board of Directors elected to a three-year term include:

  • Kristi Argyilan, Senior Vice President, Retail Media, Albertsons Media Collective
  • Michael Scott, Vice President of Ad Sales and Operations NA, Samsung Ads
  • Jason Spero, Vice President, Global Product Lead, Google

Current board members re-elected for a new three-year term include:

  • Alysia Borsa, Chief Business Officer and President of Lifestyle, Health & Finance, Dotdash Meredith
  • Patrick Harris, President, Americas and Partnerships, Snap
  • Lisa Howard, Global Chief Revenue Officer, Hearst Magazines
  • Norm Johnston, Global Head of Advertising Strategy, NewsCorp
  • Joy Robins, Global Chief Advertising Officer, The New York Times
  • Kya Sainsbury-Carter, Corporate Vice President, Microsoft Advertising
  • Aaron Sobol, Head of Media Investment, U.S., Unilever 

The IAB Board of Directors is also comprised of the following members:

  • Sheri Bachstein, Chief Executive Officer and General Manager, The Weather Channel and IBM Watson Advertising
  • Dani Benowitz, President, U.S. and Global, MAGNA Global (IPG Mediabrands)
  • Alvin Bowles, Vice President, Global Business Group – Americas, Meta
  • Deva Bronson, Executive Vice President, Global Head of Brand Assurance, dentsu
  • Rajeev Goel, Co-Founder & Chief Executive Officer, PubMatic
  • Ryan Gould, Head of Digital Ad Sales, Warner Bros. Discovery
  • Elizabeth Herbst-Brady, Chief Revenue Officer, Yahoo
  • Scott Howe, Chief Executive Officer, LiveRamp
  • Jia Hyun, Vice President, Head of Strategic Accounts, LinkedIn
  • Todd Kaplan, Chief Marketing Officer – Pepsi, PepsiCo
  • Craig Kostelic, Chief Business Officer, Global Commercial Revenue, Condé Nast
  • Alison Levin, President, Advertising & Partnerships, NBCUniversal
  • Helen Lin, Chief Digital Officer, Publicis Media
  • Alan Moss, Vice President, Global Ad Sales, Amazon Ads
  • Susan Schiekofer, Chief Digital Investment Officer, GroupM
  • Donna Speciale, President of U.S Advertising Sales and Marketing, TelevisaUnivision
  • David Spector, Co-Founder, ThirdLove
  • Sarah Travis, President, Roundel – Media Designed by Targe
  • John Trimble, Chief Advertising Revenue Officer, SiriusXM
  • Lisa Valentino, Executive Vice President, Client Solutions & Addressable Enablement, Disney Advertising
  • Joe Zawadzki, General Partner, AperiamVentures 

Ex-officio members include:

  • Miranda Dimopoulos, Regional Chief Executive Officer, IAB SEA & India
  • Townsend Feehan, Chief Executive Officer, IAB Europe
  • Rich LeFurgy, General Partner, Archer Advisors
  • David Moore, Chairman, 4screen
  • Randall Rothenberg, Limitless Partner, Randall, Ltd.
  • John Toohey, Senior Vice President of Finance, Cumulus Media (Treasurer)

IAB Executive Committee includes:

  • Alysia Borsa, Chief Business Officer and President of Lifestyle, Health & Finance, Dotdash Meredith
  • David Cohen, Chief Executive Officer, IAB
  • Gina Garrubbo, Chief Executive Officer, National Public Media
  • John Halley, President, Paramount Advertising
  • Peter Naylor, Vice President of Sales, Netflix
  • Shenan Reed, Global Chief Media Officer, General Motors

The new board slate was formally announced at the 2024 IAB Annual Leadership Meeting (ALM). For more information about the IAB Board of Directors, please visit iab.com/boardofdirectors. 

About IAB
The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Brittany Tibaldi / Michael Vaughan
347-487-6794 / 813-210-1706
btibaldi@kcsa.com / mvaughan@kcsa.com

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Digital Advertising Vital to Consumer Financial Services, States IAB in Latest Regulatory Filing https://www.iab.com/news/idigital-advertising-vital-to-consumer-financial-services Mon, 08 Jan 2024 21:19:54 +0000 https://www.iab.com/news/?p=175914 WASHINGTON, D.C. – Interactive Advertising Bureau (IAB) has filed a public comment with the Consumer Financial Protection Bureau (CFPB) supporting proposed rules guaranteeing consumers access to their personal financial data, while challenging provisions that would prevent companies from advertising and marketing their products and services, activities the CFPB describes as unreasonable and unnecessary. To the … Continued

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WASHINGTON, D.C. – Interactive Advertising Bureau (IAB) has filed a public comment with the Consumer Financial Protection Bureau (CFPB) supporting proposed rules guaranteeing consumers access to their personal financial data, while challenging provisions that would prevent companies from advertising and marketing their products and services, activities the CFPB describes as unreasonable and unnecessary. To the contrary, IAB asserts that data-driven digital advertising and marketing are critical to businesses and consumers, and parts of the CFPB’s Notice of Proposed Rulemaking (NPRM) on Personal Financial Data Rights violate the clear intent of federal law empowering consumers to make informed choices.

According to IAB, the CFPB’s “unlawful” interpretation of 2010’s Dodd-Frank Wall Street Reform and Consumer Protection Act threatens consumers’ ability to understand and access online services including banking and budget apps, tax assistance, and subscription management tools. The CFPB is the latest federal agency to minimize constitutional protections for commercial speech, encompassing advertising and marketing communications. Rather than empowering consumers, the CFPB proposes to restrict consumers’ rights to enter mutually beneficial agreements with financial services providers and their partners, argues IAB.

“Our industry fully supports data access, transparency, and protection for consumers,” said IAB Executive Vice President for Public Policy Lartease Tiffith. “However, the CFPB is overstepping its authority to attack digital advertising. Digital advertising empowers small businesses and consumers. It powers the open internet, including open banking, which the CFPB aims to promote. We’re encouraging the agency to consider the value of data and digital advertising to innovation, jobs and economic growth, and to rethink this troubling element of the NPRM that would harm consumers’ ability to improve their financial understanding and wellbeing.”

The CFPB joins the Federal Trade Commission (FTC) in proposing to restrict or eliminate data-driven digital advertising supporting millions of jobs and free online content and services for millions of Americans. IAB is aggressively advocating for the industry in Washington, D.C., state capitals, and internationally.

About IAB
The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Kate Tumino / Brittany Tibaldi
212-896-1252 / 347-487-6794
ktumino@kcsa.com/ btibaldi@kcsa.com

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IAB to Appear at FTC “Click To Cancel” Hearing https://www.iab.com/news/iab-to-appear-at-ftc-click-to-cancel-hearing Fri, 05 Jan 2024 16:11:17 +0000 https://www.iab.com/news/?p=175764 WASHINGTON, D.C. – At a virtual Federal Trade Commission (FTC) hearing this month, Interactive Advertising Bureau (IAB) will present serious concerns with proposed changes to the agency’s “Negative Option Rule” for online subscription services. In its latest public filing challenging sweeping new regulations, IAB argues the FTC is overstepping its authority with broad new rules … Continued

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WASHINGTON, D.C. – At a virtual Federal Trade Commission (FTC) hearing this month, Interactive Advertising Bureau (IAB) will present serious concerns with proposed changes to the agency’s “Negative Option Rule” for online subscription services. In its latest public filing challenging sweeping new regulations, IAB argues the FTC is overstepping its authority with broad new rules and restricting public input that could prevent harm to businesses and consumers, despite laws requiring a robust process including cross-examinations and rebuttals.

On January 16th at 10 am ET, IAB Executive Vice President for Public Policy Lartease Tiffith, who last year called on the FTC to convene a hearing to address problems with new “click to cancel” rules, is scheduled to deliver 10-minute remarks. However,Tiffith underscored problems with the hearing format in a statement today. “IAB appreciates the opportunity to appear, but this very limited, informal hearing is another sign the FTC fails to grasp the significance of its own rules, which could upend a business model with consumer benefits. Mandating more fine print, requiring unworkable technical schemes, and prohibiting businesses from offering better deals without layers of consent, would cost consumers time, money, and services they enjoy.”

“A series of brief remarks at a hearing with a foregone conclusion allows the agency to avoid its responsibility to understand the consequences,” said Tiffith, noting that similar hearings have required several weeks, dozens of witnesses, and thousands of pages of evidence. “Over a thousand stakeholders including IAB, who have submitted public comments to the FTC, should expect an equal level of attention to this important issue for digital advertisers and marketers.”

About IAB
The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Kate Tumino / Brittany Tibaldi
212-896-1252 / 347-487-6794
ktumino@kcsa.com/ btibaldi@kcsa.com

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IAB Joins Leading Tech and Civil Society Groups Urging Supreme Court to Overturn Texas and Florida Laws Preventing Content Moderation https://www.iab.com/news/iab-urges-overturn-texas-florida-laws-preventing-content-moderation Sat, 09 Dec 2023 10:32:40 +0000 https://www.iab.com/news/?p=174931 WASHINGTON, D.C. – Interactive Advertising Bureau (IAB) has joined Chamber of Progress, Access Now, Consumer Technology Association, and other leading tech and civil society groups in an amicus brief supporting NetChoice and Computer & Communications Industry Association (CCIA) in NetChoice & CCIA v. Moody / Paxton, a lawsuit challenging state laws undermining First Amendment protections … Continued

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WASHINGTON, D.C. – Interactive Advertising Bureau (IAB) has joined Chamber of Progress, Access Now, Consumer Technology Association, and other leading tech and civil society groups in an amicus brief supporting NetChoice and Computer & Communications Industry Association (CCIA) in NetChoice & CCIA v. Moody / Paxton, a lawsuit challenging state laws undermining First Amendment protections for websites and their users. IAB’s Executive Vice President for Public Policy, Lartease Tiffith, issued the following statement today:

“IAB is proud to join tech and civil society groups in an amicus brief urging the Supreme Court to overturn Texas and Florida laws prohibiting content moderation. Editorial control helps to shape a website’s identity, create a brand, and attract an audience, also helping unique and diverse voices to find community and flourish. Content moderation is not only an audience and brand safety issue, however. Laws forcing websites, social media platforms, and other internet services to host objectionable content violate the First Amendment and would upend the internet as we know it. Conflicting state laws would place an enormous burden on providers and convince many to never enter the market in the first place, reducing opportunities for free expression. The Supreme Court must uphold constitutional guarantees, as well as established internet law, to ensure the First Amendment endures.”

About IAB
The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Kate Tumino / Brittany Tibaldi
212-896-1252 / 347-487-6794
ktumino@kcsa.com/ btibaldi@kcsa.com

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