This week’s things to know include Oath’s latest layoffs, Colin Kaepernick’s lack of major brand suitors and more.
Oath undergoes more cuts
Oath, the subsidiary Verizon created to house Yahoo and AOL, kicked off a brutal day in digital media by laying off up to 560 people — slightly less than 4 percent of its global workforce — on Oct. 16. The cuts weren’t concentrated in specific brands or locations, but staffers from Yahoo Finance in the U.K. were among those affected.
Oath previously let go 2,100 people — about 15 percent of its employees — after Verizon’s acquisition of Yahoo was completed in June.
Why big brands aren’t working with Colin Kaepernick
Former San Francisco 49ers quarterback Colin Kaepernick landed on the cover of GQ’s “Men of the Year” issue. But since Kaepernick — who has nearly 5 million followers across Facebook, Instagram and Twitter — knelt during the national anthem at NFL games in 2016 to protest police brutality and racism, he hasn’t appeared in campaigns or partnerships for major brands.
Potential reasons why Kaepernick isn’t teaming up with big brands:
- His actions divided audiences. “You are either with his belief system or not,” said Scott Davis, chief growth officer at brand and marketing consultancy Prophet.
- Brands could seem like they’re commercializing police brutality.
- Kaepernick doesn’t want to. As he put it when he started kneeling: “If they take football away, my endorsements from me, I know that I stood up for what is right.”
Kaepernick’s absence from such deals could be a good thing, though. “His followers see him as being purely motivated,” said Thomas Ordahl, chief strategy officer at brand consulting firm Landor. “To suddenly monetize on that could backfire. It could look like he’s gaming it all.”
The industry gets ready for GDPR enforcement
Companies are scrambling to prepare for the General Data Protection Regulation’s enforcement in May.
Because many areas of the law can still be widely interpreted, some publishers feel like they can’t develop concrete plans to ensure compliance. What they’ve worked on so far:
- Appointing chief privacy officers
- Figuring out messaging to inform users about consent
- Whiteboarding different technology infrastructures and digital offerings for people who don’t consent for their data to be used
Meanwhile, 85 percent of marketers have implemented their plans for the GDPR, according to a Data & Marketing Association survey.
How agencies discourage women from publicly reporting harassment
To date, no high-level executives at ad agencies have been swept up in harassment allegations in the wake of the Harvey Weinstein revelations. Digiday spoke to more than a dozen women in the advertising industry who all allege harassment, but none would go on the record about their experiences.
Certain factors in agencies appear to make harassment likely and keep known harassers in their jobs — and to some extent, protect them:
- Power imbalances: “I’ve always been submissive and subservient to my male boss,” a female exec said.
- Abundant alcohol: “When something bad happens because we’re in a place where we were drinking, it’s explained away by, ‘Oh, it was the tequila talking,’” another woman said.
- Tolerance of assholes: “These people have cults of personality that makes them entitled,” said a different female exec.
The Trade Desk implements ads.txt
Demand-side platform The Trade Desk has joined Google’s DSP in using ads.txt — a text file publishers put on their web servers that lists their authorized inventory sellers — to block unauthorized vendors from selling impressions.
- Now that two major DSPs have adopted ads.txt, others will feel pressured to follow suit. “The DSPs that are [adopting ads.txt] are in a good place to steal market share from the platforms that are not,” said Michael Santee, programmatic media director at ad agency Cramer-Krasselt.
- Publishers could be motivated to correct misspellings of their supply-side platforms in their ads.txt files to avoid losing out on demand for their inventory.
Dan de Sybel, CTO of programmatic agency Infectious Media, characterized the move as the “watershed moment for ads.txt.”
Digiday surveyed publishers at the Digiday Video Anywhere Summit about why they find video production difficult, and 64 percent of them said cost was a factor. Subscribe to Digiday+ risk-free for your first 30 days to get more research like this.
Podcast ad buyers have yet to see a slowdown
Ad buyers have yet to see clients cut their podcast budgets – though the time of podcasts as the shiny new medium may be coming to an end.
The programmatic open marketplace is faltering, but publishers see a bright spot in private programmatic deals
Publishers are coming to terms with their open programmatic marketplace RPMs being 20-55% lower than they were this time last year, but the hope is that programmatic guaranteed deals will make up the deficit.
Atlas Obscura wants to be profitable before raising funds in a tricky media market
Atlas Obscura wants to turn a profit this year before it raises another funding round, at a time when publishers are facing lower valuations and pickier investors as deal activity slows.
SponsoredHow Jounce Media and Teads are framing SPO’s role in driving business outcomes for brands
As supply chain concerns abound, marketers are increasingly focusing on the main motivators that drive efficiency in their operations, including financial considerations, supply chain transparency and, most recently, environmental concerns. Sustainability has not always been at the forefront of the digital video buying process for the ad industry, but brands like Teads are taking steps […]
Marketers weigh the cons of working with Google Ad Manager amid Justice Department’s new lawsuit
When is it time to back away?
WTF is cookie stuffing?
Fraud is a well-documented pox on digital advertising, but it’s also an issue for publishers and marketers working together on affiliate marketing deals, too. One of the more tried-and-true techniques is cookie stuffing.