Redner’s Markets Partnership w/ @Grocery_TV

November 20th, 2024

Adrian J Cotterill, Editor-in-Chief

Grocery TV, a leading in-store retail media platform, has announced a new partnership with Redner’s Markets, an employee-owned regional grocery chain with 44 stores across Eastern Pennsylvania, Maryland, and Delaware.

“We’re always looking for ways to improve our stores and better serve our customers,” said Gary Redner, COO at Redner’s Markets. “Partnering with Grocery TV allows us to modernize our stores and highlight the broad range of services that our customers can access.”

Redner’s will leverage Grocery TV’s in-house technology stack to power screens at the entrance and front end, creating a seamless customer experience across key touchpoints in their stores. Through Grocery TV’s Content Management System, Redner’s will deliver relevant content to shoppers, including promotions for services like Redner’s Ready, an online ordering and curbside pickup option, and HealthCents, a nutrition program led by Redner’s Corporate Dietitian, Meredith McGrath.

By joining Grocery TV’s national in-store retail media network, Redner’s will also generate incremental revenue through brand advertising that runs alongside their retail content.

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McIntosh Group Acquired by @Bose

November 19th, 2024

Andrew Neale

Highlander Partners, L.P., a Dallas-based private investment firm, announced the sale of its portfolio company, McIntosh Group to Bose Corporation.

McIntosh Group

Highlander only acquired McIntosh Group back in June 2022. McIntosh Group is the parent company of the iconic high-performance and luxury audio brands, McIntosh and Sonus faber.

McIntosh, headquartered in Binghamton, New York, was founded in 1949, while Sonus faber, founded in 1983, is headquartered in Vicenza, Italy. The transaction was consummated on November 15, 2024.

The McIntosh Group has been a global leader in high-end audio equipment for decades and today manufactures the world’s finest amplifiers, speakers, turntables and other audio products under several renowned brands that include McIntosh, Sonus faber and Sumiko Phono Cartridges. They are driven by their dedication to quality performance, sophisticated technology, refined design, and artisan manufacturing, and that’s resulted in delivering products known for incomparable design, product quality and consumer experiences.

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Q2 2024 Revenue Increase Says @YourOAAA

November 19th, 2024

Adrian J Cotterill, Editor-in-Chief

Out of home (OOH) advertising revenue increased 3.4% in the second quarter of 2024 compared to the previous year, accounting for $2.78 billion, based on figures released by the Out of Home Advertising Association of America (OAAA).
“This marks the highest quarterly volume ever for OOH, propelling first-half growth to a 4.8% increase.”Out of home’s record ad spend generation is a testimony to its effectiveness. Our position as a highly relevant consumer medium is reflected across the board, but particularly in the political arena,” said Anna Bager, President and CEO, OAAA. “Political ad spend in OOH is at the highest levels ever because of our ability to deliver location-based targeting, and OOH’s resonance with younger and multicultural audiences. U.S. House and Senate OOH campaign spending in the first half of 2024 has quadrupled from 2020 and is up 70% from 2022.”
The report offers a deep dive into trends and growth areas for the channel, including the below findings.
Digital OOH Key Growth Driver
Digital OOH, which accounted for 34% of quarterly sales, increased 7.5% from a year ago.
OOH Growth Across Industries Positive Economic Indicator
The Transit category generated the greatest growth against the second quarter of 2023, increasing by 13.7%.
Seven of the top 10 product industries increased in quarterly volume led by Automotive Dealers and Services (+17.8%), Retail (+14.8%), Local Services & Amusements (+10.1%), Insurance and Real Estate (+8.1%), Public Transportation, Hotels & Resorts (+4.4%); Schools, Camps, & Seminars (+2.1%), and Restaurants (+1.3%), reflecting the overall broad strength of the economy.
The top 10 OOH product categories in volume for the second quarter were:
  • Legal Services
  • Hospitals, Clinics & Medical Centers
  • Domestic Hotels & Resorts
  • Quick Serve Restaurants
  • Colleges & Universities
  • Consumer Banking 
  • Local Government
  • Online & Mobile Travel Services
  • Chain Food Stores & Supermarkets
  • Television & Cable TV Programming
Online and Mobile Travel Services spending increased by 78%, while spending in the Computer Software category, which placed twelfth in OOH volume, jumped 46%.
Top Brands Increasing Spend
Ranked in order of OOH spending, the top 10 advertisers in the second quarter were Hotels.com, Apple, McDonald’s, Verizon, Coca-Cola, Morgan & Morgan Attorneys, Amazon, Disney, Expedia and Universal Pictures.
Among the top 100 OOH advertisers, two-thirds increased their OOH spend from Q2 2023, and 14 more than doubled their spend including (listed by spend % increase): Ramp, Molson Coors, Ford, QuikTrip, Honda, StackAdapt, FanDuel, Sixt Rent the Car, Skechers, 7-Eleven, Hotels.com, Pepsi, Progressive, Total Wine & More.
Technology and DTC Brand Adoption
One-quarter of the top 100 OOH spenders were technology or direct-to-consumer brands, including these twelve brands which finished among the top 25 (according to spend): Hotels.com, Apple, Verizon, Amazon, Expedia, Google, VRBO, T-Mobile, Netflix, Uber, Samsung, and StackAdapt.
OAAA issues full industry pro forma revenue estimates that include, but are not limited to, Miller Kaplan and MediaRadar/Vivvix (which is not adjusted to reflect changes in data sources), and member company affidavits. Revenue estimates include digital and static billboard, street furniture, transit, place-based, and cinema advertising.
For more information about specific category spend, please contact Steve Nicklin at snicklin@oaaa.org or (202) 833-5566.

#Possible2025 @PossibleEvent April 28 – 30, 2025

November 19th, 2024

Adrian J Cotterill, Editor-in-Chief

Registration is now open for all pass types for the Possible Event. Now in its third year it takes place April 28 – 30, 2025 at the Fontainebleau Hotel in Miami.

If you purchase your pass today you will lock in their highest discount (15%) and save up to USD 900 – but hurry, this offer is only valid until Friday, December 6, 2024.

In 2022 and 2023 we held our own AdTECH: OOH – Miami Conferences during this week and in 2024 we held AdAi: Miami Conference (focussed on #AI in the advertising space, as with both of our AdAi: Toronto events in 2023 and 2024) alongside this “colossal, immersive, and engaging celebration”.

The DPAA also, always hold some form of LatAm event during this week. Rumour is that this might be on the Sunday April 27 next time around so watch this space.

Sound Products Acquired by @global_TSI

November 19th, 2024

Andrew Neale

Sound Products has been acquirted by TSI Global, a leading full-service audiovisual design/build company specializing in the integration of advanced AV systems tailored to enhance human experiences.

Established in 1990, Sound Products, Inc. has been a prominent provider of AV services and security solutions for both corporate and public sectors in the Kansas City metro area. The acquisition was completed at the end of September. Terms of the agreement remain confidential.

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ZipShowKorea At #CES2025

November 19th, 2024

Tristan Cotterill

ZipShowKorea is a smart content production company that produces innovative content including online exhibition halls, VR, AR, media walls, #AI content, ultra-high resolution 8K content, realistic experience zones, and entertainment fields.

They will be at #CES2025 and can be found on the Incheon-IFEZ Promotion Pavilion conveniently located in the AI Zone of Las Vegas Convention Center, North. Booth 9037.

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2024 AIXR XR Awards Pre Show

November 19th, 2024

Andrew Neale

AIXR has announced that Flux Innovation is the official sponsor and presenter of the 2024 AIXR XR Awards pre show. Broadcasting from the Flux Innovation Lounge in London, and known for pushing boundaries, Flux is, we are told, the ideal partner to kick off this celebration of spatial computing.

Richard Ward, Client Services Director at Engage Works and Flux Innovation, will join a panel of industry leaders to discuss groundbreaking projects and technologies shaping immersive experiences. Top finalists include major names like Apple, Walmart, Disney, and other industry leaders.

What makes Flux Innovation stand out is its ‘Innovation-as-a-Service’ approach—helping businesses turn ambitious visions into real, impactful outcomes by providing the expertise needed to bring creative ideas to life. By partnering to present the AIXR XR Awards pre show, Flux will set the tone for an unforgettable night that honours creativity, talent, and innovation.

For the first time ever, AIXR has also partnered with UploadVR to present their Winter Games Showcase during the awards, with many never-before-seen titles being announced both during the pre show and the live ceremony.

Richard Ward told us “Hosting the AIXR XR Awards pre show from the Flux Innovation Lounge is an exciting opportunity to showcase the incredible talent defining XR. We’re proud to partner to shine a spotlight on the projects and people pushing the limits of immersive technology. Together, we’re bringing this creative movement to life in a way that’s both entertaining and inspiring.”

The pre show will feature exciting segments including insights on how companies like Apple and Disney are using immersive tech to transform their industries through to game premieres. Expect technology showcases, discussions on impactful categories, and a first look at the new Obsidian Innovation award for 2024 while anticipation builds for the live ceremony.

The winners of the AIXR XR Awards will be announced on December 5, 2024, during a live ceremony on board the SS Rotterdam. The pre show will be live at 19:30 CET. For more details about the pre show, the nominees, and how to attend or watch the event, click here.

New @PraevarDisplays 75” High-Brightness LCM

November 19th, 2024

Andrew Neale

Praevar is expanding its well-regarded Podium series of outdoor digital signage with the introduction of the Podium 75” High-Brightness, Low-Power LCM.

This new display is engineered to deliver extraordinary 4K resolution and 4,000 nits of brightness while consuming just 200W of energy—35% less than traditional high-brightness displays currently on the market.

The Podium 75” delivers vibrant, high contrast images and helps businesses reduce operational costs and environmental impact, making it the ideal choice for companies looking to meet sustainability goals without compromising on performance.

From bustling transit hubs to busy city streets, the Podium 75” is designed to captivate audiences with its brilliant visuals while standing up to the toughest outdoor conditions. Whether it’s harsh sunlight, heat, or rain, this display ensures reliable performance and long-term durability for any high-traffic outdoor environment.

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Large Curved Retail oOh!media / GPT Group #LED

November 18th, 2024

Tristan Cotterill

oOh!media has secured a long-term renewal with The GPT Group (GPT), one of Australia’s leading real estate investment managers, for the exclusive rights to internal large format digital displays across key retail centres in Melbourne and Sydney.

As part of the agreement, oOh! and GPT will install Australia’s largest retail curved wall-mounted LED digital screen, spanning 35 metres in length and 1 metre in height, at Melbourne Central. New digital column wraps next to Coles and Melbourne Central stations, will also be introduced. These first-of-a-kind installations will debut in early 2025, creating retail’s most impactful advertising opportunity when combined with the digital large format and Shot Tower activation.

Robbie Dery, chief commercial operating officer at oOh!, told us “This large format contract with The GPT Group, following our small format agreement in November 2023, strengthens our leadership in retail Out of Home. With over 1.6 billion shoppers annually and high-impact digital displays, our retail network delivers 33% more consumer spend than other providers. The addition of Australia’s largest curved digital display at Melbourne Central will set a new standard for innovation in retail, offering brands an unmatched opportunity to create high impact on the path to purchase.”

One of Melbourne’s most iconic shopping centres, Melbourne Central welcomes 53 million visitors annually.

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Clear Channel Upfront: How To Win w/ #OOH in 2025

November 18th, 2024

Adrian J Cotterill, Editor-in-Chief

2024 has been a highly successful year for Out of Home (OOH). According to the latest WARC/AA report, OOH advertising spend has grown by 16.7% in H1 and is predicted to grow by 12% year on year in 2024. Also ending the year on a high, Clear Channel UK, one of the UK’s leading OOH media and infrastructure companies, shared their wins of 2024 and unveiled the game plan for 2025 at their recent annual Upfront event.

Richard Bon, UK Managing Director & Europe Commercial Lead at Clear Channel, said: “Clear Channel’s purpose to be both a Platform for Brands and a Platform for Good is all about delivering more impact for advertisers, more value for communities, and less impact on the planet. In 2024, we brought this to life through the continued expansion of our digital estate that has grown faster than any other OOH media owner’s – now at 5,000 screens and counting – whilst providing over £100 million in investment, funding, and value into councils, transport authorities, and local communities around the UK.”

So, what’s behind Clear Channel’s winning formula and how can advertisers best leverage Out of Home in 2025?

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