Intersection To Manage Ad Assets For Dallas Area Rapid Transit
Dallas Area Rapid Transit (DART) has awarded Intersection, New-York based technology and media company dedicated to improving the urban experience, the contract for the rights to sell and manage transit advertising on the agency’s bus and light rail system.
The agreement is for a 5-year base term with an option for an additional five years.
Intersection has served the North Texas public transit system since 2008, establishing a track record of revenue growth by delivering innovative advertising opportunities to local and national brands. The revenue generated by advertising enables capital improvements to the transit system.
Leveraging a strong history of helping cities transform public assets into platforms for innovation and revenue, Intersection currently manages municipal and transit media in Boston, Chicago, Los Angeles, New York, New Jersey, Philadelphia, San Francisco, and Seattle, among other cities.
As part of the contract, which took effect Feb. 1/16, Intersection will manage advertising on 800 new digital displays on DART buses. In addition, Intersection will work with DART management to provide innovative new advertising platforms that will generate new revenue and improve the DART customer experience.
At 90 miles in length, DART operates the longest light rail system in the US, with a fleet that includes 645 buses and 163 light rail vehicles. With a daily ridership of 228,300, DART’s local and express bus system covers 135 routes and more than 12,000 bus stops. In 2014 alone, DART ran 92.1 million passenger trips. Intersection’s outdoor advertising media currently reaches 97.8 percent of the Dallas population.
“After a thorough review process, we selected Intersection not only because of its longstanding track record of driving revenue in our region – as well as in other areas around the country – but also because Intersection is best positioned to create a better rider experience through new technology and innovation which drives greater revenue,” says Nevin Grinnell, DART’s vice-president and chief marketing officer.
“Intersection is dedicated to helping cities effectively use their assets as revenue drivers, adding value for residents, visitors and advertisers,” says Scott Goldsmith, Intersection’s president of media. “We are eager to continue our partnership with DART, where we will continue to leverage our expertise in transit advertising and digital innovation in every aspect of our partnership.”
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