Things to Know In Media This Week - July 12, 2024 - Mediastruction

Things to Know In Media This Week – July 12, 2024

Beta Users Not Loving Google’s Sandbox

eMarketer reported this week that beta users of Google’s privacy sandbox – Google’s audience targeting solution post-cookies – is slow, cumbersome and not so great at finding audiences.

In the spirit of an old Key & Peele bit where they would impersonate an angry Obama translating speeches- I thought I’d share the inside-baseball comments in (….)

The beta user critiques included:

  • Slow bid response times (It’s gonna take awhile for systems to adapt to new data flows)
  • Fewer available ad impressions; lower CPMs (Curious if sandbox is eliminating stale/fraudulent cookies and made for advertising websites. If it is, then for sure, there’s gonna be fewer impressions and without all the layers of cookie data, lower CPMs.)
  • Google gobbling publisher share of revenue (Between sandbox and Google new AI search results, for the life of me I cannot figure out Google’s monetization strategy here – if it disintermediates its primary ad revenue streams.)
  • Google gaining market share against competitors (Well, I mean, yeah. Google eliminating third-party cookies always seemed to me a way to not share toys in the sandbox, pardon the pun.)

Uber Takes A Page from Amazon Ads

This week AdExchanger wrote about Uber Eats’ billion dollar ad business, a valuation that has skyrocketed in just two years. It makes sense – Uber Eats has a captive, engaged audience and it’s a great opportunity to serve relevant ad content. Our experience with UberEats ad team has been that the audience engagement shows powerful performance metrics. Looking forward to their new general manager working through the growing pains and bringing a modern technology to its ad business.

Microsoft AI Creates The World’s Largest Pendulum Painting

Yada, yada “AI.”

Yada, yada “Microsoft.”

Yada yada “Guinness World Record painting.”

You can read about it here. But stats from the event – all thanks to AI:

  • 250 foot tall crane with 200 foot long chain
  • 20 mph rotation speed
  • 100-gallon paint barrel weighing about 2,000 pounds
  • 2,000 square meter canvas

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