Astro Malaysia Holdings Bhd (Astro), and Synamedia today announced a partnership to launch the first addressable TV advertising service in Southeast Asia.
Advertisers will be able to show different ads to different households while they are watching the same program, based on data including location and demographics.
With its new addressable advertising offer, Astro’s media solutions business will help all advertisers – from big brands to local small businesses – reach specific audiences with targeted ads independently of whether they are watching broadcast TV or streaming services
Using Synamedia Iris’s unified addressable advertising platform, Astro will make it easy for advertisers to reach the top 50% of Malaysian households across live, streaming, and catch-up in a single measurable campaign for the first time. This simplified approach improves campaign performance and maximizes the value of advertising spend
As it set its sights on becoming an addressable advertising powerhouse, Astro looked for technology that would make it easy to build a new revenue stream. Available as a service (SaaS), Synamedia Iris provides a single environment for managing, delivering and measuring advertising consistently on all devices, services and screens. Importantly, it allows Astro to offer addressable advertising across its entire subscriber base including set-top boxes with one-way connectivity.
Addressable advertising will be available on the Astro GO streaming service in late 2021, followed by linear TV progressively on all set-top boxes through 2022.
Euan Smith, CEO of TV and Group COO, Astro, said “Advertisers in Malaysia now have a scaled alternative to the prevailing dominant market model. And, for the first time, it will be viable for even local small businesses to access TV inventory, the most effective form of advertising.
With a flexible and effective service, advertisers will have a data-driven targeting and measurement capability to boost ad performance and conversion rates without wasting impressions. Meanwhile, our customers will enjoy a more personalized and relevant user experience as they see ads that reflect their local community and demographics.
