Seventynine, part of digital media platform SVG Media, today announced winning an exclusive mandate from HT Media Limited for end-to-end monetization of the latter’s mobile apps on Android and iOS platforms. These apps include Livemint, Hindustan Times and Hindi Hindustan.
Seventynine is using a combination of ad formats like video, rich media, HTML and static banners at various ad spots with a single integration to monetize these apps. Apart from helping leading publishers like HT Media monetize their digital assets, Seventynine also delivers rich video advertising solutions to digital marketers and advertisers. The company works with over 350 leading apps, more than a hundred advertisers and serves in-app video ads to 50+ million smartphone users in India.
Sanjay Trehan, Business Head- Digital Content and Syndication, HT Media Ltd. said, "We have partnered with Seventynine for end-to-end monetization of our Android and iOS apps. Their product is promising since it can run all ad formats on custom ad spots with a single integration. We are looking at a hockey stick growth over the next two quarters and expect Seventynine to ride the wave with us, with high quality user experience and top notch revenue generation."
Commenting on the win, Roshan Kumar, General Manager-Media Alliances, Seventynine stated, “As more individuals shift to consuming news and content on the way through news-based mobile apps, we are excited to be part of the transformation of a highly reputed media house. With our innovative and exhaustive Ad platform, we are changing the way ad monetization works and are confident to offer maximum exposure for advertisers without compromising on user experience. With our inhouse- DMP capabilities, we are at the cusp of a revolution towards understanding more about consumer behaviour on mobile, and offer tailored solutions to our partners.”
Siddharth Kelkar, Business Head, Seventynine added, “With HT Media coming on board, we have strengthened our news and finance offering in the market. With the onset of the festive season, advertisers increasingly look for premium consumer sets that are viewed from the lens of purchasing power, Socio-Economic Classification and online behaviour. With events like Flipkart’s Big Billion Day, as well as sales promotions on various brands, advertising activity in general goes up by 30-50 per cent depending on the brand. We are looking at being a major stakeholder in this upswing with our partnerships and innovations.”