World’s Largest Open Audio Platform Adopts AppNexus Technology to Monetize Audio and Video Inventory
SoundCloud, the world’s largest open audio platform, announced a partnership with AppNexus, the world’s leading independent advertising technology company. Under the terms of the partnership, SoundCloud’s audio and video inventory are now available programmatically via the AppNexus Marketplace, giving advertisers the ability to reach SoundCloud’s highly engaged millennial and Gen Z audience.
Buyers can access 15 and 30-second pre-roll and in-feed audio and video spots from SoundCloud through open marketplace real-time bidding or through private deals. With demographic, behavioral, and contextual targeting, buyers can target SoundCloud’s inventory based on age, gender, geography, genre and device type. This allows advertisers to reach users with particular habits, sound affinities, and tastes that align with their target and connect with them at the right moment and wherever they may be – which, with over 90% of SoundCloud’s audience on mobile, is likely on the go.
“As the first place for listeners who want to discover what’s new and next in music, SoundCloud has a community of highly engaged and influential tastemakers, and we want advertisers to be able to reach this audience through easy, full service solutions. We’re eager to leverage the strength of AppNexus’ global multi-format open marketplace and robust technologies to deliver a new solution to advertisers as we continue to expand our programmatic offering,” said Chris Blackburn, Head of Global Sales and Partnerships, SoundCloud.
“AppNexus is thrilled to partner with SoundCloud as it continues to evolve its programmatic business. Audio and video formats present a compelling opportunity for advertisers, who will now be able to reach SoundCloud’s community of young influencers and engage them with targeted advertisements through the AppNexus Marketplace,” said Michael Rubenstein, President, AppNexus.
As audio and video become increasingly popular channels for consumers, spend on audio and video inventory in AppNexus’ Marketplace has increased 65 percent and 133 percent respectively, year-over-year (April 2018 versus April 2017). AppNexus’ audio capabilities enable advertisers to easily upload VAST audio files within the AppNexus Programmable Platform (APP) interface using any .mp3 audio files.
SoundCloud’s ad-supported offering is available in nine markets. As the world’s largest open audio platform with over 180 million tracks available, what’s next in music is first on SoundCloud. The platform is the first choice for creators and listeners to share and discover the world’s music and audio, with over 60% of the audience comprised of the millennial generation.