RTL’s move to take a 66 percent stake in SpotXchange, a programmatic video advertising platform, could have significant implications for the growth of programmatic across Europe. Here three leading figures from the buy and the sell side share their views”
Rhys McLachlan, Head of Global TV Strategies, Videology
For a renowned, legacy media conglomerate such as RTL to invest in such a progressive business is testament to how quickly the media landscape is changing. The deal speaks volumes for the necessity of these businesses to create internal agility through either the development of their own technologies, or in this instance, the acquisition of a respected and well-established third party technology business. This is a significant move by a global media powerhouse and is consistent with recent, not dissimilar, moves from both Facebook and Comcast in their acquisitions of LiveRail and Freewheel respectively.
Danny Hopwood, Head of Platform, EMEA, Vivaki
RTL buying such a big stake in a purely programmatic technology company like SpotxChange is further evidence of consolidation taking place in the ad tech sector (which I believe is needed right now). It’s also a sign that TV-based companies are looking at the programmatic market seriously and starting to take action. This is a much welcomed sign of progression. The question is what moves will we see from other big TV media companies now that the ball is rolling? The US market is making the right noises, central European markets can testify to progression due to RTL but there are still large broadcasters staying well clear of programmatic. The landscape is changing for everyone. We can choose to be proactive to this or reactive.
Sorosh Tavakoli, CEO, Videoplaza