Brightcove and PubMatic partner on ad monetizationThursday, July 20th, 2023
Brightcove Forms Strategic Partnership With PubMatic to Fuel Its Ad Monetization Service
- The integration will provide Brightcove customers with an expanded network of opportunities to monetize their video content and maximize advertising revenue
BOSTON — Brightcove (Nasdaq: BCOV), the world’s most trusted streaming technology company, today announced it has entered into a strategic agreement with PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future. The partnership combines PubMatic’s programmatic advertising solutions with Brightcove’s innovative video platform to enhance and bolster demand for the recently launched Brightcove Ad Monetization, a service designed to help media companies better monetize their content.
Brightcove’s integration of PubMatic into its marketplace will enhance the company’s comprehensive video solution for media organizations and publishers looking to maximize their advertising revenue, streamline their operations and grow their business.
“At Brightcove, we continuously look for ways to provide extra value to our customers and help them monetize their video content. We want them to be able to focus on creating their content while we do the heavy lifting to ensure the right mix of monetization partners are set in place,” shared Michael Dorf, VP of Global Ad Operations at Brightcove. “PubMatic is leading in the marketplace with supply path optimization solutions and new innovations like Activate, which opens tremendous new revenue opportunities for publishers.”
“We look forward to connecting with Brightcove’s extensive portfolio of media clients to deliver premium advertising solutions that will help them drive business results,” said Meghan Jacobi, Director of OTT Partnerships at PubMatic. “This integration provides publishers with unique new sources of demand through Activate, and solutions to manage and monetize their video content for maximum revenue. Through the combination of our platforms, we can also provide publishers deeper insights into their audience and valuable data about the performance of their advertising strategy.”
This latest partnership reinforces Brightcove’s commitment to forging relationships with the most prominent advertising platforms in the industry on behalf of its customers to provide them with a seamless experience that removes the main challenges to monetizing video content. Companies taking advantage of Brightcove’s Ad Monetization service include Atlanta Black Star, Buckeye Broadband, Cricket Australia, TVB, and WINK News, to name a few.