for the Digiday Programmatic Marketing Summit, May 6-8 in Palm Springs.
The end goal, after the tech details are hashed out, is to bring needed efficiency to the ad-bidding world — and allow the many small players to compete without having one standard imposed from above. That one standard from above, of course, would be via Google. The digital ad system is developing into two camps: Google and everyone else. Google is working to build an end-to-end system, one that is often painted by competitors as “closed.” (Think Apple’s approach with iOS.) Others, including the proposed Microsoft-Yahoo-AOL alliance, are banking on an open approach.
The IAB’s head, Randall Rothenberg, announced the support for the standard yesterday at an OpenRTB Town Hall. (I moderated the discussion.) Participants in the meeting wasted little time criticizing Google for holding back support for the standard. Google group product manager Scott Spencer asserted Google does favor open standards, only it wants the best protocol used. He also noted the meeting was the first time Google was invited.
The skirmishes are part of a bigger game of positioning how the emerging ad-tech landscape will shake out. Another interesting non-supporter of the standard: AppNexus, which is emerging as a force on the bidding landscape. It was a member of the OpenRTB group but then dropped out.
More in Media
Beehiiv adds even more features to go up against competitors and win over creators
Weeks after podcasts, Beehiiv continues to add to its platform infrastructure to court creators, but is it enough?
Media Briefing: As traffic declines, publishers see gains in commerce conversions and CTR
Publishers like Forbes and Apartment Therapy see growth in commerce business as audiences convert better despite shrinking traffic.
Vibes over metrics: Why more creators are holding IRL events to own their audience
IRL events are becoming increasingly important pillars of a content creator’s growth strategy; here’s why.