Bringing together TV and digital ad management for media companies and publishers worldwide.
I’m thrilled to let you know that earlier this week, Operative was acquired by global TV ad management platform SintecMedia in a mutual agreement between the companies. Starting shortly, we’ll be known as SintecMedia and will work closely as a merged operation.
The combined offering will create the largest independent advertising sales platform for media companies, providing a profitable technology solution for now and the future of TV and digital advertising. This competitive offering will empower media companies to scale and maximize yield better than anything else available on the market.
You may already be familiar with SintecMedia, which manages the business of multi-platform TV for more than 300 of the world’s top TV and media companies, including NBC, ABC, FOX, AT&T, CBC, and many others. Its products manage multi-platform ad sales, traffic, billing, programming and rights, processing over $33 billion in advertising revenue from leading brands and agencies around the globe. SintecMedia is led by CEO Amotz Yarden and I will continue to serve you as a president within SintecMedia working closely with Amotz. Operative’s management team is very invested in the future of SintecMedia, and we are excited to continue to work with you.
Bringing together the leading TV and Digital advertising management platforms under one company is the best possible outcome of more than 15 years of hard work here at Operative. We are deeply invested in the joint future with SintecMedia, and are already hard at work on our combined roadmap to serve media companies and publishers converged TV and digital ad management solutions that drive profitability for clients over the long term.
We all believe that this will have an enormous positive impact on the way TV and digital advertising are transacted across the globe.
As TV evolves to include more digital and data-driven functionality, it is imperative that media companies do not allow their profits to be taken away by a market of technology middlemen. Media companies need the two processes of TV and digital media advertising sales to be united into a single streamlined operation in a way that improves profitability and enables new revenue streams in a converged market. That is exactly what we’re creating at SintecMedia.
We will be bringing our products together to create a more fluid and powerful converged environment for our customers to leverage the multiple platforms in which consumers and advertising now thrive. I’m excited about the next phase in Operative’s evolution as part of SintecMedia and believe we now have the resources and scale to deliver on our vision to serve media companies and publishers across the TV and digital markets. Go team!