Mediabrands announces ‘first’ outdoor digital programmatic trading platform

Marc Lomas

Marc Lomas

Media agency group IPG Mediabrands is claiming an Australian first with the launch of a programmatic trading platform for outdoor digital advertising.

The move by the group, whose agencies include UM, Initiative and BPN, sees its programmatic buying division Cadreon partner with out-of-home businesses Brandscreen and Site Tour to launch real time buying of digital inventory across nearly 1,000 outdoor screens. Among the vendors to sign up to the platform at launch are Westfield, Adshel and Executive Channel.

“This is definitely an Australian first and possibly even a world first,” Marc Lomas, managing director of Cadreon Australia told Mumbrella. “We haven’t heard of anyone else throughout our network and speaking to various different vendors, even across Clear Channel in the US, no one seems to have cracked this nut.

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