Red Bee Media, a leading global media service company, has entered into a multi-year agreement with U.S. based Videa, to supply textual metadata aimed at providing a comprehensive source for programming and ratings estimates for automated TV sales. Both parties believe this partnership will provide significant growth opportunities as data becomes a more important piece of the television sales process.
Videa, a Cox Media Group owned company, is the leading linear automated and programmatic solution for broadcast TV. As part of their offering Videa enables its platform to use innovative forecasting algorithms which are created through machine learning. To optimize its algorithmic data services offerings, Videa will include textual metadata from Red Bee Media in their next generation system.
"Red Bee Media proved to be the right partner for us and we are looking forward to continue innovating - leveraging this data to make broadcast TV easier to buy and sell. Red Bee Media has an extensive supply of analytical data, with years of archived data coverage, which will help us to provide a comprehensive source of truth for programming and ratings estimates.”
Red Bee Media will be providing forward-looking textual scheduling data up to 14 days in advance and 30 days backward as well as archived data from our database covering up to one year of television scheduling data. Videa will be able to use this data to provide network programming changes and algorithmic ratings estimates for automated linear TV sales over Videa’s platform.
"We are looking forward to supporting Videa in their future growth and we are happy that they saw the power and potential in our offering. Red Bee Media provides full support for any analytical advertising-based platform throughout North America and Europe and this contract is a testament to its strength.”
Red Bee Media supplies metadata services, recommendation technology and exclusive access to IMDb ratings to a wide variety of companies investing in media experiences, including Broadcasters, Studios, Telcos, Cable Companies and Satellite TV providers across the globe. At this years’ NAB Show in Las Vegas, Red Bee Media will showcased their full metadata offering as well as their entire global service portfolio, covering Managed OTT Services, Media Management, Accessibility Services, Distribution and Playout.
Red Bee Media is the leading global media services partner for innovation and growth. We enable some of the world’s most recognised media brands, broadcasters and content owners to instantly connect with audiences anywhere at any time. Every day, millions of people across the globe discover, enjoy and engage with content prepared, managed, broadcast and streamed by Red Bee Media. Headquartered in London, with more than 2,000 media experts in Europe, Asia Pacific and North America, Red Bee Media provides innovative solutions across the entire content delivery chain, including Playout, Streaming, Distribution, MCR, Media Management, Access, Content Discovery, and Post-Production services.
BORN IN BROADCAST. LIVE FOR MEDIA.
For press enquiries, please contact: Gabija Jonsson
Head of Communications, Red Bee Media
gabija.jonsson@redbeemedia.com