PubMatic and GroupM Expand Partnership to Boost Latin America Market Impact
12 Dicembre 2024 - 2:00PM
GroupM, WPP’s media investment group, and PubMatic, an independent
technology company delivering digital advertising’s supply chain of
the future, are expanding their global partnership to enhance
GroupM Premium Marketplace (GPM), a unified programmatic market
aimed at increasing media buying transparency and efficiency, in
the LATAM region. This move will provide GroupM clients with direct
and advantaged access to PubMatic’s high-quality publisher
inventory.
First launched by GroupM in 2022 across EMEA and North America,
GroupM Premium Marketplace will now offer GroupM clients in the
LATAM region a unified approach to programmatically buying
connected TV, digital video and display. The partnership will
centralize GroupM’s media investments across the area, offering
competitive bidding, top-tier technology, and total supply chain
transparency. Utilizing PubMatic’s sell-side targeting and a
unified interface for buyers and publishers, GPM will streamline
buying for LATAM clients, including newcomers to programmatic
advertising.
This initiative underscores GroupM’s commitment to transparency
in media supply and media investments that reduce fraud and
inventory misrepresentation. This commitment aligns strongly with
PubMatic, who has driven significant supply path optimization (SPO)
partnerships that continue to deliver trust, efficiency and value
to advertisers while bringing unique, premium brand spend to
publishers. This partnership will launch in tandem with PubMatic’s
Activate product, bringing SPO for brands and advertisers to the
region.
“Delivering transparency in the programmatic ecosystem is not
optional. For us at GroupM, it is a priority to provide our clients
with quality solutions in a trusted and efficient ecosystem,”
stated Maricarmen Flores, Digital Investment Manager for GroupM
LATAM. “Through this partnership with PubMatic, we seek to
accomplish our goal of designing responsible, scalable and
innovative solutions, by offering clients advantageous access to
local premium supply.”
Alan Fontevecchia, VP of LATAM for PubMatic, added, “We are
thrilled to expand with GroupM to the LATAM market. A proud partner
since its launch across North America, Europe, the Middle East and
Africa, this marketplace expansion will bridge gaps between
publishers and buyers, fostering strong and mutually beneficial
collaborations.”
This partnership unlocks the immense potential of programmatic
advertising as the capability soars in the area. Programmatic ad
spending in the region surged from $5.2 billion in 2017 to $16.77
billion in 2023, with projections reaching $23.6 billion by 2028,
per data provider OnAudience. Through GPM, GroupM and PubMatic will
not only meet this rising demand but also drive the industry
towards a more transparent, efficient, and valuable supply
chain.
About PubMatic:PubMatic (Nasdaq: PUBM) is an
independent technology company maximizing customer value by
delivering digital advertising’s supply chain of the future.
PubMatic’s sell-side platform empowers the world’s leading digital
content creators across the open internet to control access to
their inventory and increase monetization by enabling marketers to
drive return on investment and reach addressable audiences across
ad formats and devices. Since 2006, our infrastructure-driven
approach has allowed for the efficient processing and utilization
of data in real time. By delivering scalable and flexible
programmatic innovation, we improve outcomes for our customers
while championing a vibrant and transparent digital advertising
supply chain.
About GroupM:GroupM is WPP’s media investment
group and the world’s leading media investment company with a
mission to shape the next era of media where advertising works
better for people. The company is responsible for more than $60
billion in annual media investment, as measured by the independent
research bureau COMvergence. Through its global agencies Mindshare,
Wavemaker, EssenceMediacom, and T&Pm, and cross-channel
performance (GroupM Nexus), data (Choreograph), entertainment
(GroupM Motion Entertainment) and investment solutions, GroupM
leverages a unique combination of global scale, expertise, and
innovation to generate sustained value for clients wherever they do
business. Discover more at www.groupm.com.
Press Contacts:Ashley Jacobson, Director of
Corporate Marketing press@pubmatic.com
Broadsheet Communications for
PubMaticpubmaticteam@broadsheetcomms.com(917) 826-1103
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