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COMCAST CORPORATION

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Comcast : On Addressability's Founding Members Release Comprehensive Playbook to Drive Scale and Adoption of Addressable TV Advertising

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09/14/2020 | 11:16am EDT

Comcast Advertising, Cox Media and Spectrum Reach Share Collective Insights on Enabling and Utilizing Addressable TV Campaigns to Help Advertisers, Programmers and Other Distributors Accelerate Addressable TV Efforts

Today, the founding members of On Addressability – Charter’s Spectrum Reach, Comcast Advertising and Cox Media – announced the launch of the On Addressability playbook to help the television industry “turn on” addressability. It is designed as a guide for the industry, providing explanations of terminology, suggested best practices and shared learnings for enabling addressable advertising TV campaigns. Its content should help other distributors, programmers, advertisers, and agencies by providing useful insight to any companies whose businesses touch addressable TV advertising in some way.

On Addressability is an initiative founded in June 2019 with the goal of maximizing television’s impact and value as a marketing platform. The playbook and supporting website, www.onaddressability.com, support the initiative’s overarching belief that enabling scalable, addressable TV advertising is foundational to its continued growth and relevancy to marketers. This includes the use of aggregated data, targeting, measurement and attribution consistent with a company’s own commitments to privacy.

“Since the launch of On Addressability, we’ve been talking with major programmers and distributors to help marketers incorporate addressability into their TV strategies to drive better results. Despite this progress, however, there are still challenges for both buyers and sellers alike. That was the impetus for the playbook,” said Marcien Jenckes, President, Comcast Advertising. “The timing could not be better. In the current environment, advertisers are ready to pivot, and we need to be ready, too. The technology is there. Now we just need to bring advertisers a more scalable and consistent offering – and do it quickly.”

On Addressability/A Playbook for “Turning On” Addressable TV Advertising features:

  • An ecosystem overview, as well as common definitions and standards for Addressable TV advertising and its supporting components
  • A step-by-step technical guide for programmers and distributors to launch addressability within their environments
  • A Buyer’s Guide to Addressable TV advertising, including strategies for incorporating addressability into media strategies to drive specific advertising objectives
  • A Seller’s Guide to Addressable TV, offering shared learnings on executing addressable TV campaigns for marketers with scalable and easy-to-use solutions.

“To maximize the value that television brings to marketers as a full-funnel solution, we must ensure that addressability rolls out in a secure, simple, and scalable way,” said David Kline, Executive Vice President, Charter Communications and President, Spectrum Reach. “This will take the commitment of the entire television advertising ecosystem. As a frontline distributor of addressable solutions, Spectrum Reach is eager to work with our partners Comcast and Cox to share our thinking and learnings and help accelerate this process.”

While the playbook is one of the most comprehensive guides available on this topic, given the rapid pace of change in both consumer and advertising technologies, it is meant to be a living document. The playbook will live on www.onaddressability.com, a content hub for the industry offering information, commentary and thought leadership on the addressable TV space. On Addressability’s stakeholders will add content on an ongoing basis and invite others in the industry to share their insight and learnings.

“The interest in data-driven, audience-based TV advertising strategies from both media buyers and TV sellers has never been stronger, and we face a set of common challenges to realize our full potential,” said Louis Gump, senior vice president, Cox Media. “The fastest way to clear these hurdles is to work together as an industry to determine best practices, improve processes, and share strategies for success. On Addressability is helping the industry move toward these goals, and the playbook is one tangible example of these efforts.”

For more information on the playbook and the On Addressability initiative, please visit www.OnAddressability.com.

About Comcast Advertising

Comcast Advertising is the advertising division of Comcast Cable. As a global leader in media, technology and advertising, Comcast Advertising fosters powerful connections between brands and their audiences as well as between publishers, distributors, MVPDs, agencies and other industry players. Effectv, its advertising sales division, helps local, regional, and national advertisers connect with their audiences on every screen by using advanced data to drive targeting and measurement of their campaigns. FreeWheel, its media and technology arm, provides the technology, data enablement and convergent marketplaces required to ensure buyers and sellers can transact across all screens, across all data types and all sales channels, in order to ensure the ultimate goal – results for marketers. Comcast Cable, along with NBCUniversal and Sky, is part of the Comcast Corporation (NASDAQ: CMCSA). Visit www.comcastadvertising.com to learn more.

About Charter

Charter Communications, Inc. (NASDAQ:CHTR) is a leading broadband connectivity company and cable operator serving more than 30 million customers in 41 states through its Spectrum brand. Over an advanced communications network, the company offers a full range of state-of-the-art residential and business services including Spectrum Internet®, TV, Mobile and Voice.

For small and medium-sized companies, Spectrum Business® delivers the same suite of broadband products and services coupled with special features and applications to enhance productivity, while for larger businesses and government entities, Spectrum Enterprise provides highly customized, fiber-based solutions. Spectrum Reach® delivers tailored advertising and production for the modern media landscape. The company also distributes award-winning news coverage, sports and high-quality original programming to its customers through Spectrum Networks and Spectrum Originals. More information about Charter can be found at corporate.charter.com.

About Cox Media

Cox Media is the advertising sales division of Cox Communications, the third largest cable entertainment and broadband services provider in the country. Cox serves approximately 6 million residences and businesses, giving Cox Media’s customers the opportunity to reach their ideal customer wherever they go.

© Business Wire 2020

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Financials (USD)
Sales 2020 102 B - -
Net income 2020 9 184 M - -
Net Debt 2020 90 558 M - -
P/E ratio 2020 20,9x
Yield 2020 2,18%
Capitalization 192 B 192 B -
EV / Sales 2020 2,76x
EV / Sales 2021 2,49x
Nbr of Employees 190 000
Free-Float 83,1%
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Mean consensus BUY
Number of Analysts 31
Average target price 51,75 $
Last Close Price 41,98 $
Spread / Highest target 42,9%
Spread / Average Target 23,3%
Spread / Lowest Target -4,72%
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Brian L. Roberts Chairman, President & Chief Executive Officer
Michael J. Cavanagh Chief Financial Officer
Jeff Votaw Vice President-Engineering
Kenneth J. Bacon Independent Director
Jeffrey A. Honickman Independent Director
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