SOURCE: WideOrbit
June 15, 2015 10:00 ET
WideOrbit Partners With Viacom's Media Networks for Advertising Operations Backbone
WO Network Unites Sales Operations of More Than 20 Networks on a Single Platform
SAN FRANCISCO, CA--(Marketwired - June 15, 2015) - WideOrbit Inc., the leading provider of advertising management software for media companies, has been selected by Viacom's Media Networks to install WO Network, WideOrbit's comprehensive platform for managing network ad sales and commercial rights. Viacom's combined networks represent the largest portfolio of ad-supported cable networks in the United States, in terms of audience share.
WideOrbit has already successfully launched WO Network at sixteen Viacom properties. Viacom plans to have its entire portfolio operating on its software by Q3 2015.
WO Network enables Viacom's advertising inventory to be managed, sold, scheduled and invoiced from a single platform. Viacom sales teams can build and present deals from a single document; managers will have oversight of deals, rate cards, and inventory; and ad operations will have a single source of truth for approvals, constraints, schedules, materials, logs, workflow and stewardship.
WO Network's breadth of native functions allowed Viacom to replace and consolidate several ancillary legacy systems on a single platform. Many of the reports previously provided by external tools now run directly from WO Network, including constraint management and reporting, audience delivery optimization and liability reduction.
"We thoroughly reviewed many factors when evaluating potential vendors for managing our advertising operations, including technology, reliability, financial strength and growth," said David Kline, SVP and Chief Technology Officer, Viacom. "WideOrbit proved to be a leader across the board, providing excellent products, people and commitment to innovation for running ad operations from a single technology solution. The breadth of WO Network addresses every critical need for our group."
"Viacom has always been an important partner to WideOrbit in the cable space. We couldn't be more pleased to extend our relationship to providing the advertising management platform for Viacom's Media Networks," said Eric R. Mathewson, Founder and CEO, WideOrbit. "Large customers like Viacom are installing WideOrbit solutions to eliminate inefficiency in their advertising operations. We look forward to working with Viacom's team for many years to strengthen their world-class media business."
About WideOrbit
WideOrbit (www.wideorbit.com) is the leader in premium broadcast technology and the largest sell-side processor of premium advertising in the world, covering the broadest assortment of media. WideOrbit is committed to helping media companies manage their advertising business more efficiently and profitably, from proposal to receipt of cash, across all media platforms via any sales method, from direct sold to programmatic. WideOrbit software manages more than $30 billion in annual ad spending. WideOrbit has been providing trusted solutions to the media industry since 1999, delivering high ROI, greater efficiencies and revenue optimization. More than 3,000 Television stations, Radio stations and Media Networks around the globe use WideOrbit Traffic software and another 3,200+ stations operate on WideOrbit Radio Automation platforms. Clients include: Bell Media (Canada), Canal+ (France), Corus Entertainment (Canada), DirecTV, Entercom Communications, Fox Sports, Galavision, Gannett Co., Hearst Television, Madison Square Garden, Meredith Corporation, NBCUniversal, Orange (France), Rogers Communications (Canada), Scripps Television Group, Time Inc., Tribune, Yankee Entertainment Sports, Univision, Viacom and more than 300 other major media organizations. WideOrbit is headquartered in San Francisco, with offices in Seattle; New York; Denver; Dallas; Vancouver, WA; Birmingham, AL; Agawam, MA; London, UK: Paris, France; and Gothenburg, Sweden.
About Viacom
Viacom is home to premier global media brands that create compelling television programs, motion pictures, short-form video, apps, games, consumer products, social media and other entertainment content for audiences in more than 165 countries and territories. Viacom's media networks, including Nickelodeon, CMT, Nick Jr., TeenNick, Nicktoons, TV Land, Nick at Nite, MTV, VH1, Comedy Central, SPIKE, Logo, BET, CENTRIC, Channel 5(UK), Tr3s, Paramount Channel and VIVA, reach a cumulative 3.2 billion television subscribers worldwide. Paramount Pictures is a major global producer and distributor of filmed entertainment.
WideOrbit® and the WideOrbit logo® are among the trademarks of WideOrbit. Other trademarks belong to their respective owners. WideOrbit reserves the right to alter product and services offerings, and specifications and pricing at any time without notice, and is not responsible for errors that may appear in this document. ©2015 WideOrbit Inc. All rights reserved.
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