Interactive Advertising Bureau | Consumers https://www.iab.com/topics/consumers/ Empowering the Media and Marketing Industries to Thrive in the Digital Economy Tue, 28 Mar 2023 15:34:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.2 IAB Announces Full Agenda for its Annual Leadership Meeting Jan. 22-24 in Marco Island, Florida https://www.iab.com/news/iab-announces-full-agenda-for-its-annual-leadership-meeting-jan-22-24-in-marco-island-florida Thu, 12 Jan 2023 13:15:21 +0000 https://www.iab.com/news/?p=160753 Senior Leaders Discuss the Industry’s Future and Set Agenda for 2023 Speakers include Professional Baseball Player and Entrepreneur Alex Rodriguez, Netflix’s Jeremi Gorman, Meta’s Erin Egan, TheSkimm’s Danielle Weisberg and Carly Zakin, Writer, Television and Podcast Host Baratunde Thurston, and more NEW YORK, January 12, 2023 – Interactive Advertising Bureau (IAB), the digital media and … Continued

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Senior Leaders Discuss the Industry’s Future and Set Agenda for 2023

Speakers include Professional Baseball Player and Entrepreneur Alex Rodriguez, Netflix’s Jeremi Gorman, Meta’s Erin Egan, TheSkimm’s Danielle Weisberg and Carly Zakin, Writer, Television and Podcast Host Baratunde Thurston, and more

NEW YORK, January 12, 2023 – Interactive Advertising Bureau (IAB), the digital media and marketing trade association, today unveiled the final schedule for its Annual Leadership Meeting (ALM), taking place from January 22-24 in Marco Island, Florida.

“ALM has been and continues to be the epicenter of the digital economy, surfacing hotly-debated topics facing the ecosystem at large. IAB is the association that brings together the full digital ecosystem. ALM is where we set the year’s agenda, driving the direction of the industry,” said David Cohen, Chief Executive Officer, IAB. “Attendees will gain critical insight and perspective on important topics including measurement, privacy, the streaming revolution, sustainability, and the emerging metaverse. ALM is the time for alignment, consensus, and action from all stakeholders.”

The 2023 conference theme, “It Starts Here,” explores a vision for the industry, and will uncover opportunities, paths forward, new connections, and meaningful ideas for the future. The three-day event will be held in-person at JW Marriott Marco Island Beach Resort, gathering industry leaders to address significant regulatory changes, challenges around consumer privacy and data use, the explosion of retail media networks, the evolving Metaverse/Web3, trust and transparency, and a host of new ad-supported opportunities.

Speakers will include:

  • Matthew Ball, Pioneering Tech Authority, Venture Capitalist, and Bestselling Author, The Metaverse
  • Krishan Bhatia, President and Chief Business Officer, NBCUniversal
  • Jeffrey Cole, Director and Chief Executive Officer, Center for the Digital Future, USC Annenberg
  • Sean Corcoran, U.S. Chief Executive Officer, Mediahub
  • Soumya Donkada, Head of Digital, Media, and E-Commerce, Beauty and Well-being, Unilever
  • Sean Downey, President, Americas and Global Partners, Google
  • Erin Egan, Chief Privacy Officer, Policy, Meta
  • Michele Fino, Head of Branded Entertainment, Crackle Plus
  • Jeremi Gorman, President, Worldwide Advertising, Netflix
  • Scott Howe, Chief Executive Officer, LiveRamp
  • Jay Livingston, Chief Marketing Officer, Shake Shack
  • Andy Monfried, Chief Executive Officer and Founder, Lotame
  • Ryan Moore, Global Chief Revenue Officer, SuperAwesome, an Epic Games Company
  • Ian Orefice, President and Chief Operating Officer, TIME and TIME Studios
  • John Osborn, U.S. Director, Ad Net Zero
  • Christena Pyle, Chief Equity Officer, dentsu
  • Alex Rodriguez, Chairman and Chief Executive Officer, A-Rod Corp
  • Athan Stephanopoulos, Executive Vice President and Chief Digital Officer, CNN
  • Baratunde Thurston, Host, America Outdoors and How To Citizen Podcast
  • Deborah Wahl, Global Chief Marketing Officer, General Motors Company
  • Kevin Warren, Executive Vice President and Chief Marketing Officer, UPS
  • Danielle Weisberg and Carly Zakin, Co-founders and Co-Chief Executive Officer’s, TheSkimm
  • Andrea Zapata, Executive Vice President, Head of Ad Sales Research, Measurement and Insights, Warner Bros. Discovery

IAB Annual Leadership Meeting 2023 Main Stage Schedule 
Additional track sessions available, please view the full ALM 2023 agenda at: https://www.iab.com/events/alm-2023/

Sunday
January 22, 2023
Monday
January 23, 2023
Tuesday
January 24, 2023
4:00-4:05 PM
Welcome & Opening Remarks
David Cohen, CEO, IAB
9:00-9:25 AM
‘It Starts Here’
David Cohen, CEO, IAB
9:00-9:05 AM
Opening Remarks
David Cohen, CEO, IAB
4:10-4:35 PM
Remarks from IAB Chair
9:25-9:45 AM
Thought Leadership by Meta
Erin Egan, Chief Privacy Officer, Policy, Meta
9:05-9:25 AM
Thought Leadership Featuring Google
Sean Downey, President, Americas & Global Partners, Google
4:35-5:05 PM
Move Slow and Fix Things
Baratunde Thurston, Host, America Outdoors and How To Citizen Podcast
9:50-10:05 AM
From Pain to Power
Andy Monfried, CEO and Founder, Lotame
9:30-9:55 AM
Metaverse – Expectations vs. Reality
Matthew Ball, Pioneering Tech Authority, Venture Capitalist and Bestselling Author, The Metaverse
Alex Heath, Deputy Editor, The Verge
5:10-5:35 PM
Leadership Speaks: Creating a More Inclusive Industry
Lisa Sherman, President and CEO, The Ad Council
Lauren Weinberg, Global Head of Marketing and Communications, Square
Christena Pyle, Chief Equity Officer, dentsu
Michele Fino, Head of Branded Entertainment, Crackle Plus
10:05-10:30 AM
Session To Be Announced
10:00-10:25 AM
An Unskippable Conversation
Michael Kassan, Founder and CEO, Medialink
Jeremi Gorman, President, Worldwide Advertising, Netflix
5:40-6:00 PM
Disruptors at the Gate
Jeffrey Cole, Director and CEO, Center for the Digital Future, USC Annenberg
10:30-11:00 AM
Session To Be Announced
10:25-10:45 AM
Tech Lab: A Decade of Billions in Value. Next Stop? Trillions!
Anthony Katsur, CEO, IAB Tech Lab
1:55-2:25 PM
The State of Play: Baseball, Money, and the Future of Sports – In Conversation with Alex Rodriguez
Alex Rodriguez, Chairman and CEO, A-Rod CorpDavid Cohen, CEO, IAB
12:05-12:15 PM
IAB State of Data 2023
Pam Zucker, SVP, Chief Strategy Officer, IAB
2:25-2:45 PM
In Conversation with Nielsen
Karthik Rao, CEO, Audience Measurement, Nielsen
David Cohen, CEO, IAB
12:15-12:35 PM
In Conversation with CNN
Athan Stephanopoulos, EVP and Chief Digital Officer, CNN
2:45-3:05 PM
Forward Looking: In Conversation with Dotdash Meredith
Neil Vogel, CEO, Dotdash Meredith
Sara Fischer, Media Reporter, Axios
12:35-1:05 PM
Leadership Speaks: What I’m Prioritizing in ‘23
David Cohen, CEO, IAB
Maria Weaver, President, Warner Music Experience
Kevin Warren, EVP and CMO, UPS
Geraldine White, Chief Diversity Officer, Publicis Groupe U.S
4:50-5:15 PM
From Newsletter to Media Empire: Moving The Needle on Modern Day Media
Danielle Weisberg, Co-Founder and Co-CEO, theSkimm
Carly Zakin, Co Founder and Co-CEO, theSkimm
Carryl Pierre-Drews, EVP, CMO, IAB
5:15-5:40 PM
The State of Digital Media and Advertising in DC
Lartease Tiffith, EVP, Public Policy, IAB

All times are in EST; Speakers and timing are subject to change, refer to the website for up-to-date information. Note the event will not be live streamed this year, ALM has prioritized the value of in-person connections. 

IAB does not require proof of vaccination to attend events. However, it is strongly recommended that in-person attendees be vaccinated, and that you stay home if symptomatic. IAB’s Event and COVID-19 Policy and Code of Conduct.

About IAB
The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Brittany Tibaldi / Michael Vaughan
347-487-6794 / 813-210-1706
btibaldi@kcsa.com / mvaughan@kcsa.com

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Digital Video Ad Spend Increased 49% in 2021 and Expected to Reach Nearly $50 Billion in 2022, According to IAB’s 2021 Video Ad Spend and 2022 Outlook Report https://www.iab.com/news/digital-video-ad-spend-increased-49-in-2021-and-expected-to-reach-nearly-50-billion-in-2022-according-to-iabs-2021-video-ad-spend-and-2022-outlook-report Mon, 02 May 2022 12:30:49 +0000 https://www.iab.com/news/?p=150129 Connected TV Makes Up Largest Ad Spend Amongst Digital Video Advertising NEW YORK — May 2, 2022 —Digital video advertising spend surged 49% in 2021 and is expected to increase an additional 26% to $49.2B in 2022 according to IAB’s “2021 Video Ad Spend and 2022 Outlook” report. Released at the 2022 IAB NewFronts, in … Continued

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Connected TV Makes Up Largest Ad Spend Amongst Digital Video Advertising

NEW YORK — May 2, 2022 —Digital video advertising spend surged 49% in 2021 and is expected to increase an additional 26% to $49.2B in 2022 according to IAB’s “2021 Video Ad Spend and 2022 Outlook” report.

Released at the 2022 IAB NewFronts, in conjunction with Standard Media Index (SMI) and Advertiser Perceptions, the report found Connected TV (CTV) ad spend increased 57% in 2021 to $15.2B and is expected to grow an additional 39% in 2022 to $21.2B. Between 2020 and 2022, CTV ad spend is projected to more than double (+118%). In fact, three out of four video buyers (76%) label CTV as a ‘must buy’ in their media planning budgets.

“Digital video is a driving force for buyers and will continue to be in 2022,” said Eric John, VP, IAB Media Center. “However while CTV leads the substantial growth of digital video ad spend, the amount of dollars currently allocated to CTV is not proportionate to the amount of viewer time spent with the channel. The time is now for brands and buyers to follow consumer attention.”

Although CTV will account for 36% of total time spent with linear TV and CTV combined in 2022, the amount of dollars currently allocated to CTV is not aligned to this viewership. Only 18% of total video ad dollars are being spent on CTV vs. total video spend, which includes CTV, linear TV, social, and short-form video.

Buyers Cite Many Factors for CTV’s Superiority

When comparing CTV to traditional, linear TV, buyers found data usage, transparency, and no reliance on third-party cookies as distinct advantages:

  • CTV enables buyers to leverage many types of data not available within linear TV buys, including first-party brand data (65%), location data (61%), and shopping data (50%).
  • Among users of the following KPIs, 57% felt CTV was more effective than linear TV at delivering website/sales actions, and 46% more effective at delivering brand perception.
  • Buyers felt CTV provided more transparency into where ads run with 59% of buyers stating it was ‘very clear’ on where their CTV ads ran vs. only 50% and 43% for social video and other digital video, respectively.
  • With no reliance on third-party cookies, buyers are turning to CTV as a privacy-safe way to spend ad dollars efficiently and effectively. Nearly three in four (73%) video buyers doing so expect to fund their third-party cookie/MAID deprecation CTV spend increases by reallocating dollars from linear TV.

Challenges Still Remain in CTV

As CTV continues to gain momentum and enable opportunities to better target, reach, and scale, more than a third of video buyers cite multiple challenges in CTV around cross-platform campaign activation, management, and measurement, including:

  • Measuring incremental reach across platforms/publishers (48%)
  • Managing frequency across platforms/publishers (43%)
  • A lack of transparency/interoperability within walled gardens (42%)
  • Fragmentation of programmatic supply paths (35%)

To address the challenges of CTV, buyers are preparing for a converged linear TV/CTV market that would ease management of cross-platform and cross-channel video buys. In fact, nearly nine out of ten buyers (88%) anticipate a converged linear TV/CTV marketplace in the coming years, two in three (66%) linear TV/digital video buyers now have a single planning team for the two channels, and another quarter (25%) expect to have one planning team in the future.

“Fragmentation continues to be the achilles heel for buyers,” added John. “From the study, we learned that video buyers most often cite sales lift as their ideal KPI for CTV, but they are not leveraging it due to measurement complexity, sub-par tool functionality, and data lags. As the industry continues to advance and CTV prevails, advertisers are looking toward a converged marketplace that addresses these issues and helps measure the implementation of a variety of creative and targeting tactics.”

“2021 Video Ad Spend and 2022 Outlook” can be downloaded here.

Methodology
IAB commissioned Advertiser Perceptions and SMI Insights to quantify the size and growth rate of the U.S. digital video advertising spend market and provide a lens into market trends, offering guidance for buyers and sellers on how they can position and differentiate their video initiatives based on where the challenges and opportunities reside. Advertiser Perceptions executed an anonymous online survey among ad agency or brand marketers who are involved in recommending, specifying or approving advertising spending in digital video, and spent at least $1M on advertising in 2021. SMI Insights’ digital video ad spend market size and growth rate estimates are based on SMI’s Pool of ad billing data, including “forward bookings”, the IAB-commissioned Advertiser Perceptions quantitative survey, interviews with industry leaders, other market estimates, and expert judgment. The SMI Pool’s coverage of the US advertising market is based on deterministic, census-level total media billings for all spending by the largest ad agencies, including all six US major holding groups and most of the largest independents.

About Standard Media Index (SMI)
SMI reports on census-level, complete billing records for placement-level detail of all media transactions in all media types as supplied by the world’s largest media buying groups, as well as leading independents, and organizes that data to create a clear, granular, and easy-to-use database for our clients and agency partners.
Depending on the market, SMI captures between 70 and 95% of all agency spend. By aggregating it, SMI offers detailed ad intelligence across all media types, including Television, Digital, Out-of-Home, Print, and Radio. Depending on the market, data can be broken down by unit cost, media owner, ad type, buy type, advertiser product category, and other dimensions.
Clients use SMI data to determine media mix models, create competitive benchmarks, and gain visibility into pricing level data. The data also allow them to understand marketplace trends on a product category level, evaluate ROI of tent poles and sporting events, and break out ad formats by media type to highlight the effectiveness of different kinds of placements.
Our data supports insights covering 34 countries around the world.

About Advertiser Perceptions
Advertiser Perceptions is the global leader in research-based business intelligence for the advertising, marketing, and ad technology industries. Our expert staff delivers an unbiased, research-based view of the advertising market with analysis and solutions tailored to our client’s specific KPIs and business objectives. These insights provide our clients with the confidence to make the very best organizational, sales and/or marketing decisions, driving greater revenue and increased client satisfaction.

About IAB
The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Kate Tumino / Brittany Tibaldi
212-896-1252 / 347-487-6794
ktumino@kcsa.com / btibaldi@kcsa.com

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IAB Unveils Agenda for 2022 IAB NewFronts and 2022 IAB Podcast Upfront https://www.iab.com/news/iab-unveils-agenda-for-2022-iab-newfronts-and-2022-iab-podcast-upfront Thu, 14 Apr 2022 11:30:55 +0000 https://www.iab.com/news/?p=148599 In-Person in NYC and Virtually, IAB NewFronts “Stream On” Shines a Light on the Continued Growth of Ad-Supported Video Streaming and Viewership Trends Held Virtually, IAB Podcast Upfront “Hear and Now” Unlocks the Power of Podcast Advertising to Deliver Great Scale for Brands NEW YORK — APRIL 14, 2022 — Streaming puts consumers fully in … Continued

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In-Person in NYC and Virtually, IAB NewFronts “Stream On” Shines a Light on the Continued Growth of Ad-Supported Video Streaming and Viewership Trends

Held Virtually, IAB Podcast Upfront “Hear and Now” Unlocks the Power of Podcast Advertising to Deliver Great Scale for Brands

NEW YORK — APRIL 14, 2022 — Streaming puts consumers fully in control of everything they see and hear. The 2022 IAB NewFronts and 2022 IAB Podcast Upfront come at a pivotal moment in the evolution of media consumption, with exciting new opportunities for brands, agencies, and media buyers.

More consumers and brands are leaning into streaming video and the 2022 IAB NewFronts aims to demonstrate how rich storytelling can combine with personalized ad experiences to deliver meaningful business outcomes. On May 2-5, 2022, IAB NewFronts will take place at in-person events in NYC and virtually on IAB.com. The event— organized within the unifying theme of “Stream On”—embodies the cultural zeitgeist of consumers’ penchant for digital video content when and how they want it.  The virtual event, hosted by Alex Toussaint, Senior Peloton Instructor, High-Performance Athlete, and Motivational Coach, with Thursday’s co-host Derrell Smith, former NFL athlete turned chef and host of Tastemade’s hit show Mad Good Food, will showcase the best new programming, content, and innovative ways to advertise in video content.

“As the media world continues its rapid digital intensification, the opportunities afforded by ad-supported streaming will invariably become richer and more satisfying for consumers and marketers alike,” said David Cohen, CEO, IAB. “With streaming at the center of everything, we should be both energized by the possibilities and enthusiastic to rethink legacy practices around planning, activation, currency, measurement, creativity, and diversity.”

The 2022 IAB NewFronts brings the industry together to discuss critical issues, including new approaches to measuring and valuing inventory, smart creative that leverages the power of digital, and ensuring investment in content that reflects audience and owner diversity. IAB will release its annual Video Ad Spend report providing industry trends and projections for the digital video market from the buy-side on May 2. On May 4, the IAB Inclusion Institute will present a series of panels and minority owned media presentations aimed at accelerating ad spend and addressing accountability in DEI including within the creator community.

2022 IAB Podcast Upfront

The 2022 IAB Podcast Upfront will take place virtually May 10-12, providing “first-listen” access to the year’s most exciting releases, as well as previews of creative opportunities, and insights that will define the podcast landscape for the year ahead. The Podcast Upfront will highlight collaborations between content creators and their brand partners, and will feature presentations from tech enablers and measurement partners who will share insights around critically important issues. Topics will include audience-based programmatic buying, advanced approaches for campaign measurement, and brand safety and suitability.

Additionally, on May 10, IAB will release its annual Podcast Ad Revenue report highlighting the latest insights into podcast advertising revenues and trends that drove advertising in the space, and projected future revenues. Themed “Hear and Now”, the 2022 IAB Podcast Upfront will be hosted by Actress, Author, and Comedian Franchesca Ramsey.

“Podcast advertising is a billion-dollar industry, but there are still brands who have yet to fully embrace these advertising opportunities. Podcasting dominates the audio marketplace and influences listeners, content creators, and advertisers alike, while also delivering great scale to brands across all vertical categories,” said Eric John, Vice President, Media Center, IAB. “Powered by a unique and intimate relationship between listener and host, podcasting provides a highly engaging and personalized ad-friendly environment that resonates with consumers and helps deliver high ROI for brands.”

2022 IAB NewFronts May 2-5 Agenda
Monday, 5/2 – In-Person + Virtual
Tuesday, 5/3 – In-Person + Virtual
Wednesday, 5/4 – In-Person + Virtual
Thursday, 5/5 – Virtual Only
9:15am-10:30am
IAB CEO Welcome
YouTube/MediaLink
9:00am-10:30am
Samsung Ads
9:00am-9:25am
Accountability in DEI
9:00am-9:20am
A+E Networks
11:30am-1:00pm
Peacock
11:30am-1:00pm
Roku
9:25am-9:45am
Digitas
9:20am-9:30am
Nielsen
2:00pm-3:30pm
VIZIO
2:00pm-3:30pm
Condé Nast
9:50am-10:50am
Blavity
9:30am-9:45am
fuboTV
4:30pm-6:00pm
Tubi
4:30pm-6:00pm
Snap
10:05am-10:20am
Revolt Media
9:50am-10:05am
Dotdash Meredith
7:00pm-8:30pm
Amazon
7:00pm-8:30pm
Meta
10:25am-10:40am
Black Enterprise
10:10am-10:20am
Comscore
10:40am-11:00am
Diversity in the Creator Community
10:20am-10:50am
LG Ads
4:30pm-6:00pm
TikTok
10:55am-11:05am
Innovid
7:00pm-8:30pm
Twitter
11:05am-11:20am

GSTV

11:25am-11:55am

Crackle Plus

11:55am-12:10pm

Nuestra.TV

12:10pm-12:25pm

Samba TV

12:30pm-12:45pm

Tastemade

12:45pm-1:00pm

Estrella Media

1:05pm-1:20pm

Wave Sports + Entertainment

1:20pm-1:35pm

Canela Media

1:40pm-1:55pm

Panel: Bringing the Store to the Screen

1:55pm-2:10pm

The Recount

2:10pm- 2:30pm

IAB NewFronts Wrap Show

4:30pm-6:00pm

Vevo

7:00pm-8:30pm

WMX @ Warner Music Group

*All times are in EST; Speakers and timing are subject to change; For up-to-the-minute agenda, refer to the website.

 

 

2022 IAB Podcast Upfront May 10-12 Agenda (Virtual Only)
Tuesday, 5/10
Wednesday, 5/11
Thursday, 5/12
12:00pm-12:15pm
IAB Welcome & Insights
12:00pm-12:25pm
Sony Music Entertainment
12:00pm-12:25pm
Wondery I Amazon Music
12:20pm-12:45pm
The Walt Disney Company
12:25pm-12:45pm
Slate
12:25pm-12:45pm
Advertisecast
12:45pm-1:50pm
NPR
12:50pm-1:10pm
Panel: Podcasting’s Mainstream Moment
12:50pm-1:00pm
Backtracks
1:10pm-1:25pm
WBUR
1:10pm-1:40pm
SXM Media + AdsWizz
1:00pm-1:20pm
WNYC Studios
1:25pm-1:35m
TransUnion
1:45pm-2:05pm
Cumulus Podcast Network
1:25pm-1:45pm
Acast
1:40pm-2:00pm
iHeartMedia
2:05pm-2:25pm
Vox Media Podcast Network
1:45pm-2:00pm
Univision
2:00pm-2:20pm
SpokenLayer
2:25pm-2:35pm
Locked On Podcast Network
2:00pm-2:25pm
Panel: The Power of the Spoken Word
2:25pm-2:35pm
Veritonic
2:35pm-3:45pm
Kast Media
2:30pm-2:40pm
PodDigital Media
2:35pm-2:50pm
Paramount
2:45pm-3:05pm
The Loud Speakers Network
2:40pm-2:50pm
Cafe Mocha
2:50pm-3:00pm
LAist Studios
2:50pm-3:00pm
They Call Us Bruce
3:00pm-3:10pm
Gumball
3:00pm-3:20pm
IAB Podcast Upfront Wrap Show
3:10pm-3:20pm
APM Studios Kids & Family

*All times are in EST; Speakers and timing are subject to change; For up-to-the-minute agenda, refer to the website.

About IAB

The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Kate Tumino / Brittany Tibaldi
212-896-1252 / 347-487-6794
ktumino@kcsa.com/ btibaldi@kcsa.com

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Digital Advertising Soared 35% to $189 Billion in 2021 According to the IAB Internet Advertising Revenue Report https://www.iab.com/news/digital-advertising-soared-35-to-189-billion-in-2021-according-to-the-iab-internet-advertising-revenue-report Tue, 12 Apr 2022 10:30:52 +0000 https://www.iab.com/news/?p=148274 Highest increase since 2006; a jump of $50B in a single year NEW YORK — APRIL 12, 2022 — As digital media consumption continues to grow, advertising dollars are following fast. According to the newly released “IAB Internet Advertising Revenue Report: Full Year 2021,” conducted by PwC, all major channels increased significantly compared with a … Continued

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Highest increase since 2006; a jump of $50B in a single year

NEW YORK — APRIL 12, 2022 — As digital media consumption continues to grow, advertising dollars are following fast. According to the newly released “IAB Internet Advertising Revenue Report: Full Year 2021,” conducted by PwC, all major channels increased significantly compared with a year ago, particularly across digital video (including CTV/OTT), digital audio, social media, and search.

“We fully expected 2021 to be an exceptional year for digital ad growth, but even we were surprised at the degree of acceleration. Not only was every single digital channel up, but some were up more than 50% year on year,” said Libby Morgan, SVP, Chief Strategy Officer, IAB. “This year’s increase is 3x what it was last year.”

The growth is consistent with a recent study by Deighton Associates, commissioned by IAB, which showed the internet economy has grown seven times faster than the U.S. economy over the past four years and now accounts for 12% of the U.S. GDP.

“What’s underneath these numbers is a very clear narrative. We are witnessing the total and complete democratization of access afforded by ad-supported digital channels,” said David Cohen, Chief Executive Officer, IAB. “Increased consumer usage coupled with extraordinary growth of small and mid-sized businesses during the pandemic has fueled growth across all digital — but especially digital audio and video. We expect this digital migration to drive the continued growth of a healthy and competitive digital marketplace driven by innovation and entrepreneurship.”

Streaming media is significantly outpacing the overall industry in growth

Although the industry continues to face uncertainty surrounding privacy regulation, the deprecation of third-party cookies and identifiers, measurement challenges and supply-chain transparency, brands have spoken and digital is where they are putting their dollars:

  • Digital video continues to be one of the fastest growing channels, up 50.8% compared to last year, with total revenues of $39.5B.
  • Digital audio captured the highest YoY growth, up 57.9% to $4.9B.
  • Social media advertising was up 39.3% to $57.7 billion, as consumers continue to engage with Meta platforms, Snapchat, TikTok, and Twitter.
  • While search revenue grew substantially (32.8%) in 2021, it did not grow as strong as other areas, leading to a slight decrease in total revenue share (reduction of 0.8 percentage points).

“According to the Census Bureau, 2021 saw the greatest business growth in history with 5.4 million new businesses created,” said Cohen. “Those businesses rely upon the ad-supported internet to attract new customers and provide products and services to the American public. We believe this small business engine will be a key contributor to fuelling ongoing digital media and marketing ecosystem growth.”

What’s next for digital advertising?

Looking ahead to the remainder of 2022, IAB and PwC forecast continued digital ad growth, driven by significant innovation in retail media, CTV/OTT, gaming, and digital audio. The continued rise of AR/VR, the metaverse, and Web3 technologies is expected to spark innovation — and continue to drive ad revenue in the years ahead.

The IAB Internet Advertising Revenue Report: Full Year 2021 can be downloaded here. And please join us for a special webinar today, Tuesday, April 12th from 2:00 PM to 3:00 PM ET for more insights on the report findings and trends.

Methodology 

Commissioned by the IAB and conducted by PwC Advisory Services LLC (“PwC”) on an ongoing basis, with results released quarterly, the “IAB Internet Advertising Revenue Report” was initiated by the Interactive Advertising Bureau (IAB) in 1996. This report uses data and information reported directly to PwC from companies selling advertising on the internet as well as publicly available corporate data. The results reported are considered to be a reasonable measurement of internet/ online/mobile advertising revenues because much of the data is compiled directly from information supplied by companies selling advertising online. The report includes data reflecting desktop and mobile online advertising revenues from websites, commercial online services, ad networks and exchanges, mobile devices, and email providers, as well as other companies selling online advertising. The report is conducted independently by PwC, including research by their in-house market research team, on behalf of the IAB. PwC does not audit the information and provides no opinion or other form of assurance with respect to the information. Only aggregate results are published and individual company information is held in strict confidence with PwC. Further details regarding scope and methodology are provided in the appendix of this report.

About IAB

The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 700 leading media companies, brands, agencies, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Kate Tumino / Brittany Tibaldi
212-896-1252 / 347-487-6794
ktumino@kcsa.com/ btibaldi@kcsa.com

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Understanding Bias in AI: What Is Your Role, and Should You Care? https://www.iab.com/news/understanding-bias-in-ai-what-is-your-role-and-should-you-care Wed, 17 Nov 2021 14:30:02 +0000 https://www.iab.com/news/?p=141744 There are billions of people around the world whose online experience has been shaped by algorithms that utilize artificial intelligence (AI) and machine learning (ML). Some form of AI and ML is  employed almost every time people go online, whether they are searching for content, watching a video, or shopping for a product. Not only … Continued

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There are billions of people around the world whose online experience has been shaped by algorithms that utilize artificial intelligence (AI) and machine learning (ML). Some form of AI and ML is  employed almost every time people go online, whether they are searching for content, watching a video, or shopping for a product. Not only do these technologies increase the efficiency and accuracy of consumption but, in the online ecosystem, service providers innovate upon and monetize behavioral data that is captured either directly from a user’s device, a website visit or by third parties.

Advertisers are increasingly dependent on this data and the algorithms that adtech and martech employ to understand where their ads should be placed, which ads consumers are likely to engage with, which audiences are most likely to convert, and which publisher should get credit for conversions

Additionally, the collection and better utilization of data helps publishers generate revenue, minimize data risks and costs, and provide relevant consumer-preference-based audiences for brands.

However, consumers and policymakers have been concerned in recent years about how AI algorithms and the biases they often contain might impact society. As such, advertisers and publishers are concerned about risk exposure, the ability to reach and scale audiences, potential negative impact on reputation, sales and revenue, as well as the possibility of legal action due to non-compliance with laws and regulations, data privacy issues, or lack of AI governance.

For AI systems to perform efficiently and effectively, a fastidious approach to design, development, deployment, and maintenance must be led by a diverse set of subject matter experts. Identifying and addressing unwanted or unintentional bias is mission critical. The key is to deploy successful AI systems while increasing our understanding of which biases impact models or are embodied in algorithms. By not addressing the potential for systemic advantage or disadvantage, unwanted or unintentional bias could affect performance, potentially exacerbating societal inequities and eroding trust.

The advertising industry will continue to transform for the foreseeable future, including third-party cookies and identifiers disappearing and new regulations taking effect. This disruption has invited AI as a technology to help define the next generation of advertising. To achieve success, we must establish practices that help reduce bias in the technologies used across the digital advertising and marketing landscape.

A great deal more than just trust is at stake for the industry; including the companies involved, the engaged consumers and the totality of global commerce. Thus, it is crucial now more than ever to define best practices to minimize bias in AI-driven solutions while continuing to expand on diversity, equity, and inclusion across our practices.

The Interactive Advertising Bureau (IAB), the national trade association for the digital media and marketing industries, has long acknowledged that it’s crucial to develop AI standards, best practices, use cases, and terminologies in an effort to scale AI and enable the industry to its full potential.

In its second editorial release of 2021, the IAB’s AI Standards Working Group published “Understanding Bias in AI for Marketing: A Comprehensive Guide to Avoiding Negative Consequences with Artificial Intelligence”. AI and ML thought leaders and expert practitioners from top publishers, advertising agencies, and ad tech companies have collaborated to produce this paper to provide insight for business executives, technologists, legal and compliance officers, and platform users to understand their responsibilities in process development, deployment, and ongoing management of an AI-driven solution.

The guide’s unique insights are derived from conversations about real-world challenges faced daily by top-tier companies. Today’s future-thinking marketing and advertising technology leaders should be leaning into the development of their own processes and approaches.

Use this guide to get started and make advertising better.

Download the Guide

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Brand Disruption 2022: The IAB Annual Report On The Evolving Consumer Ecosystem https://www.iab.com/news/brand-disruption-2022-the-iab-annual-report-on-the-evolving-consumer-ecosystem Mon, 08 Nov 2021 16:00:13 +0000 https://www.iab.com/news/?p=141340 The End of the Beginning: The Pandemic has Permanently Reshaped the American Consumer Economy   NEW YORK, November 8, 2021 – The COVID-19 pandemic has permanently reshaped the U.S. consumer economy. An overwhelming majority of American consumers are experimenting with new brands, and embracing new omnichannel shopping behaviors, which is setting the stage for permanently-heightened … Continued

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The End of the Beginning: The Pandemic has Permanently Reshaped the American Consumer Economy

 

NEW YORK, November 8, 2021 – The COVID-19 pandemic has permanently reshaped the U.S. consumer economy. An overwhelming majority of American consumers are experimenting with new brands, and embracing new omnichannel shopping behaviors, which is setting the stage for permanently-heightened competition, according to a new study by IAB.

“The Media-Retail Cartel that limited the brands to which Americans were exposed and could acquire has been infiltrated and overturned by thousands of new brands, the limitless e-commerce shelf, millions of social media influencers, and a growing streaming-media persuasion machine that, contrary to conventional wisdom, favors advertising,” said Randall Rothenberg, Executive Chair, IAB and the co-author of “The IAB 2022 Brand Disruption Report.”

The report is the fifth annual study of what the IAB terms “The Direct Brand Economy,” the snowballing effect of changes in digital consumers, digital supply chain management, digital distribution, digital selling, and digital marketing.

Brand Disruption Study Highlights

  • The “storeless” economy has accelerated 200-300%: The pandemic accelerated the shift to e-commerce. It’s almost at $1 trillion in annual spending, and will represent nearly a quarter of all shopping in the next few years.
  • Retail media networks woo disruptor brands and encumber legacy brands: Established retailers are wooing disruptor brands with preferential treatment in their retail media networks in an effort to fight for the business of Gen Z and millennials, who rarely go to retail to discover brands. Nearly half of Big Brands (vs. 29% of Disruptors) spending with retail media networks say retailers are requiring them to buy ads there.
  • Delivery times shrink to 15 minutes: Brick-and-mortar retail is shifting to an Amazon-like never-ending instant gratification machine, an “On-Demand Economy” model built around DTC delivery times as short as 15-minutes.
  • The barrier between physical and digital shopping is now completely eradicated: Local delivery, click-and-collect, and BOPIS (buy online, pick up in store) are up 45%, 52%, and 125% respectively.
  • Big brands use DTC playbook: Big brands are racing to reinvent themselves, with eight out of 10 brands now working with influencers — with the largest growth among nano-influencers.

“Our 2022 Brand Disruption Report proves categorically that brands matter more than ever — but it’s a radically different world now,” said Chris Bruderle, Senior Director, Research & Analytics, IAB. “The new reality is permanent, there exists a ‘no-rest-for-the-weary’ competition for share among incumbents, disruptors, and their marketing partners.”

Consumer Privacy Battles Are Upending Marketing Planning

95% of brands are adjusting their data strategies because of political and browser pressures over privacy. That pressure is driving an advertising gold rush to streaming video. 84% of advertising buyers increasing spend on CTV say consumer privacy issues contributed to their increases. The race to first-party data is on, with nearly twice as many incumbents as disruptors increasing their data investment, resources, or initiatives since the COVID-19 outbreak began.

Who will own the future? Disruptor brand holding companies aspire to become the next P&G

No less than seven emerging DTC holding companies are vying to become the Procter & Gamble of the Direct Brand Economy, and have accrued hundreds of millions of dollars in funding this year: Thrasio, Berlin Brands, Elevate Brands, Suma Brands, Branded, Perch, and Foundry.

The full report will be released at the Annual IAB Brand Disruption Summit held Monday, November 8 through Wednesday, November 10, 2021, and is available here.

About IAB

The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership comprises more than 650 leading media companies, brands, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Kate Tumino / Brittany Tibaldi
212-896-1252 / 347-487-6794
ktumino@kcsa.com/ btibaldi@kcsa.com

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IAB Tech Lab Aims To Increase Transparency Across Entire Advertising Supply Chain For New ID Usage https://iabtechlab.com/press-releases/iab-tech-lab-aims-to-increase-transparency-across-entire-advertising-supply-chain-for-new-id-usage/#new_tab Wed, 13 Oct 2021 15:49:51 +0000 https://www.iab.com/news/?p=138552 The post IAB Tech Lab Aims To Increase Transparency Across Entire Advertising Supply Chain For New ID Usage appeared first on IAB.

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IAB Tech Lab Releases Content Taxonomy 3.0 To Enable Contextual Targeting For CTV & Expands News Categories https://iabtechlab.com/press-releases/tech-lab-releases-content-taxonomy-3-0/#new_tab Thu, 23 Sep 2021 15:21:03 +0000 https://www.iab.com/news/?p=137335 The post IAB Tech Lab Releases Content Taxonomy 3.0 To Enable Contextual Targeting For CTV & Expands News Categories appeared first on IAB.

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IAB Tech Lab CEO Dennis Buchheim Departs https://iabtechlab.com/blog/iab-tech-lab-ceo-dennis-buchheim-departs/ Fri, 07 May 2021 20:00:40 +0000 https://www.iab.com/news/?p=131799 The post IAB Tech Lab CEO Dennis Buchheim Departs appeared first on IAB.

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IAB Announces Final Agenda for its Annual Leadership Meeting from March 8-12 https://www.iab.com/news/alm-2021-final-agenda Thu, 18 Feb 2021 13:25:45 +0000 https://www.iab.com/news/?p=124397 New Speakers Joining the Conference Are Stacey Abrams (Fair Fight), The Honorable James E. Clyburn (D-SC 6th District), Conny Braams (Unilever), FCC Commissioner Nathan Simington, Heidi Browning (National Hockey League), Marisa Thalberg (Lowe’s), Albert Cheng (Amazon Studios), Jerry Dischler (Google), Danielle Lee (NBA), Brian Stelter (CNN) NEW YORK, NY (February 18, 2021) – Interactive Advertising … Continued

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New Speakers Joining the Conference Are Stacey Abrams (Fair Fight), The Honorable James E. Clyburn (D-SC 6th District), Conny Braams (Unilever), FCC Commissioner Nathan Simington, Heidi Browning (National Hockey League), Marisa Thalberg (Lowe’s), Albert Cheng (Amazon Studios), Jerry Dischler (Google), Danielle Lee (NBA), Brian Stelter (CNN)

NEW YORK, NY (February 18, 2021) – Interactive Advertising Bureau (IAB), the digital media and marketing trade association, announced today the final schedule for its annual industry agenda-setting conference, Annual Leadership Meeting (ALM) on March 8-12. In addition, IAB has announced that famed political leader Stacey Abrams will be joining the lineup and leading a discussion around one of the biggest resets in American history of voters flipping the state of Georgia to blue.

New speakers that have joined the week-long virtual summit include:

  • Stacey Abrams, Founder, Fair Fight
  • Conny Braams, Chief Digital and Marketing Officer, Unilever
  • Heidi Browning, Chief Marketing Officer, National Hockey League
  • Albert Cheng, Chief Operating Officer & Co-Head of Television, Amazon Studios
  • The Honorable James E. Clyburn, U.S. House Majority Whip (D-SC 6th District)
  • Danielle Lee, Chief Fan Officer, National Basketball Association
  • Neal Mohan, Chief Product Officer, YouTube and SVP, Google
  • FCC Commissioner Nathan Simington
  • Brian Stelter, Chief Media Correspondent and Anchor of Reliable Sources, CNN
  • Marisa Thalberg, EVP, Chief Brand & Marketing Officer, Lowe’s

“Over the last year, the ad-supported internet has educated us, entertained us, connected us, and protected us. While ALM is clearly designed to highlight our most important industry issues, and set a clear agenda for the year ahead, now more than ever it is important to think about a broader context. With a lineup of speakers including Dr. Fauci, Ms. Abrams, and Senator Wyden, we intend to expand our field of view and look beyond our industry for inspiration,” said David Cohen, CEO, IAB. “We have created an agenda that will not disappoint and will provide attendees with not only insights they can put into practice, but also provide them with the tools they need to tackle 2021 head on.”

ALM will also provide a forum to discuss the future of accountability and addressability as the countdown to the deprecation of third-party cookies draws near. IAB Tech Lab will share a robust update and insights related to the organization’s year-long work, which launched at ALM 2020. These will include presentations around the proposed solutions for privacy-preserving addressability and industry accountability. The new accountability platform is based on the responsible use of data and guiding principles for a user-centric approach. A new global privacy platform and taxonomies are also part of the solutions that will be presented for predictable consumer privacy through standards.

IAB Annual Leadership Meeting 2021 Schedule
All times are in EST; Timing is not exact and subject to change as there will be a mixture of pre-recorded and live events throughout the day
Monday 3/8
Tuesday 3/9
Wednesday 3/10
Thursday 3/11
Friday 3/12
11:00am-12:15pm

General Session

CJ Bangah, PwC
Jeremi Gorman, Snap Inc.
Evan Spiegel, Snap Inc.
Ron Wyden, U.S. Senator (D-OR)

11:00am-12:15pm

General Session

Erica Chriss, T-Mobile
Tom Kershaw, Magnite
Bob Lord, IBM
Raja Rajamannar, Mastercard
Mark Read, WPP
Anudit Vikram, MediaMath

11:00am-12:15pm

General Session

Neal Mohan, YouTube
André Pinard, adidas

11:00am-12:15pm

General Session

Dorothy Advincula, Ipsos
Varun Bhagwan, Verizon Media
Anthony S. Fauci, M.D
Craig Macdonald, McKinsey & Company

11:00am-12:00pm

General Session

The Honorable James E. Clyburn (D-SC 6th District)
Rich Fulop, Brooklinen
Marisa Thalberg, Lowe’s

1:00pm-4:45pm

Leadership Summit – Invite Only

High-level briefings and roundtable
discussions to help craft the industry’s roadmap for the year ahead.

12:30pm-2:15pm

Addressability + Identity: Where to
from Here?

Kevin Arrix, Dish Media
Travis Clinger, LiveRamp
Konrad Feldman, Quantcast
Scott Howe, LiveRamp
Liane Nadeuau, Digitas North America
Michael Nuzzo, Hearst Magazines
Joe Root, Permutive
Phil Schraeder, GumGum

12:30pm-2:15pm

The Streaming Revolution

Tal Chalozin, Innovid
Behnam Dayanim, Paul Hastings LLP
Christine Grammier, LiveRamp
Tom Fochetta, Samsung Ads
Marion Hargett, Ampersand
Sundeep Kapur, Paul Hastings LLP
Jo Kinsella, TVSquared
Cara Lewis, Amplifi US
Mark Mitchell, Xandr
Nicolle Pangis, Ampersand
Shenan Reed, L’Oréal
Scott Rosenberg, Roku

12:30pm-2:20pm

The State of Data

Karthic Bala, Condé Nast
Keith Bryan, Best Buy
Brett House, Neustar
Iván Markman, Verizon Media
Allison Murphy, The New York Times Company
Lynn Schlesinger, Forbes
Michael Schoen, Neustar
Lisa Sherman, Ad Council
Belinda J. Smith, m/Six
Randi Stipes, IBM

12:30pm-3:00pm

IAB Policy Summit @ ALM

Gerald Ferguson, Baker & Hostetler LLP
Tanya Forsheit, Frankfurt Kurnit Klein + Selz
Alan Friel, Baker & Hostetler LLP
Stephanie Hanson, OneTrust
Alysa Hutnik, Kelley Drye
FCC Commissioner Nathan Simington
David Zetoony, Greenberg Traurig

4:45pm-5:30 pm

Afternoon General Session

Stacey Abrams, Fair Fight
Bonin Bough, Triller

2:30pm-4:15pm

Measurement & Attribution: Cross Media, Cross Platform, For Real This Time

Glenn Bean, Oracle
Conny Braams, Unilever
Peter Day, Quantcast
Lung Huang, Mars Petcare
Benjamin Jankowski, Mastercard
Yan Liu, TVision
Karthik Rao, Nielsen Global Media
Karima Zmerli, PhD, Wavemaker

2:30pm-4:15pm

The New Commerce Landscape: eComm, Shoppability,
Retail Reinvented

Beau Avril, Facebook
John Gerzema, Harris Poll
Walter Knapp, SOVRN
Jeff Lotman, Fred Segal
Alan Moss, Amazon 

2:30pm-4:15pm

Media Chain Transparency

Janet Balis, EY
Paul Bannister, Cafe Media
Kyle Dozeman, PubMatic
Doug Lauretano, Media.net
Tony Marlow, IAS
Shane McAndrew, Mindshare
Scott Schiller, ENGINE
Mike Zaneis, TAG

5:00pm-6:00pm

General Session

Speakers TBA

5:00pm-6:00pm

General Session

Albert Cheng, Amazon
Sara Fisher, Axios
Terence Kawaja, LUMA Partners
Geoff Ramsey, Insider Intelligence

5:00pm-6:00pm

General Session

John Battelle
Heidi Browning, NHL
Carol Kruse, Valvoline
Danielle Lee, NBA

All times are in EST; Speakers and timing are subject to change, refer to the website for up-to-date information.

To view the full ALM 2021 agenda, speakers, and any updates, please visit: iab.com/events/2021-iab-alm/

About IAB
The Interactive Advertising Bureau empowers the media and marketing industries to thrive in the digital economy. Its membership is comprised of more than 650 leading media companies, brands, and the technology firms responsible for selling, delivering, and optimizing digital ad marketing campaigns. The trade group fields critical research on interactive advertising, while also educating brands, agencies, and the wider business community on the importance of digital marketing. In affiliation with the IAB Tech Lab, IAB develops technical standards and solutions. IAB is committed to professional development and elevating the knowledge, skills, expertise, and diversity of the workforce across the industry. Through the work of its public policy office in Washington, D.C., the trade association advocates for its members and promotes the value of the interactive advertising industry to legislators and policymakers. Founded in 1996, IAB is headquartered in New York City.

IAB Media Contacts
Kate Tumino / Britany Tibaldi
212-896-1252 / 347-487-6794
ktumino@kcsa.com  / btibaldi@kcsa.com

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