CBS Signs Up For Ratings Data From RentrakFirst Broadcast Network To Buy TV Essentials 1/16/2014 7:42 AM Eastern
Rentrak said that CBS signed up for its TV Essentials ratings service, becoming the first major broadcaster to use the data.
Rentrak has been signing up clients—local broadcasters, ad agencies, cable networks-- for its ratings service at a rapid rate. Those clients, mostly use Rentraks data to supplement the traditional ratings from Nielsen,which has long dominated the audience measurement business.
“As more advertisers move beyond age/sex demographics for their media buying, there’s been a shift to combine viewing data with product-purchase data to create comprehensive evaluation tools,” David Poltrack, chief research officer of CBS Corporation, said in a statement.. “Rentrak’s analytical solutions provide a single-source framework that will lead to more effective use of the television medium and, more importantly, to the documentation of that effectiveness. Working with Rentrak, our goal is to advance this transition to a new era in television advertising execution.”
The CBS deal also includes CBS Sports Network.
“We are excited to add CBS to our expanding client list of networks, agencies and stations and are confident that our Advanced Demographic currency, will make a significant impact on their revenue,” said Bill Livek, CEO of Rentrak.