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Machine Zone’s (MZ) experiment with homegrown ad tech is over. The gaming company shuttered Cognant, an internal demand-side platform created in 2016 to help MZ’s media buying team plan, create, buy, optimize and measure marketing campaigns. MZ laid off the entire Cognant team in June, as well as around half of its in-house media buyers,… Continue reading »
The post Machine Zone Shuts Down Its DSP, Lays Off 125 Employees, Including Media Buyers appeared first on AdExchanger.
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Digiday Research: Publishers are lukewarm on market for short-form video
Key takeaways:
- Only 24 percent of publishers say they are optimistic about the market for short-form video.
- U.S. publishers are slightly less optimistic that European publishers.
Video, once hailed as the digital media industry’s only hope, has failed to live up to the lofty expectations industry “experts” placed on it. Several companies that bet heavily on it have either missed revenue targets, been sold for a fraction of previous valuations, or folded entirely.
Against that dour backdrop, Digiday surveyed 111 publishers at Digiday Video Summits in Scottsdale and Amsterdam last month to gauge their optimism around short-form video. Their responses can be described as lukewarm at best, with just 24 percent of publisher respondents saying they are extremely or very optimistic, and 26 percent saying they aren’t. U.S publishers were slightly less optimistic than their European peers. Only 18 percent of U.S. publishers labeled themselves as optimistic compared to 30 percent of European publishers.
This article is behind the Digiday+ paywall.
The post Digiday Research: Publishers are lukewarm on market for short-form video appeared first on Digiday.
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