For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220831:nRSe8148Xa&default-theme=true
RNS Number : 8148X Bidstack Group PLC 31 August 2022
REACH ANNOUNCEMENT
31 August 2022
Bidstack Group Plc
("Bidstack" or the "Company")
New IAB Intrinsic In-Game Measurement Standards Announced
Bidstack Group Plc (AIM: BIDS), the in-game brand activation platform, is
pleased to announce that, following a joint collaboration with the Internet
Advertising Bureau (IAB), IAB Tech Lab, The Media Rating Council (MRC) and
other industry peers, new industry wide in-game measurement standards have
been established for ads that appear within gameplay.
These new standards represent a watershed moment for Bidstack and the wider
in-game advertising space, with advertisers that are looking to invest into
gaming being given clear benchmarks on how to measure campaign success.
Following the release of its Intrinsic In-Game (IIG) Measurement Guidelines on
June 14th 2022, for public comment. the IAB published its final guidelines on
August 31st 2022. Before this update, in-game ad campaigns were measured
against standards that were developed in 2009. Since that time, the technology
underpinning advertising campaigns and video games has evolved enormously and
is now at a very different stage of development.
The updated standards address ad viewability, measurement, inactivity,
obstruction and fraud within gaming environments, which helps to align them
more closely with the standards applied to the rest of digital media. Building
consensus and establishing uniform standards for the industry was necessary to
create consistency for media buyers across the in-game advertising
marketplace.
Of the new standards, James Draper, Founder and CEO of Bidstack, said "We are
delighted to see new measurement standards implemented by the IAB, IAB Tech
Lab and MRC. We have been working with these bodies and our peers for a number
of years now to help establish these guidelines, and to see them being
implemented represents an important step forward for our industry.
"Ads delivered directly into gameplay can't be measured in the same ways as
interstitial ads, banner ads, or even in-stream ads. To have been able to make
an important contribution towards building a specific measurement framework
that can be embraced by both the buy and sell side represents huge progress
for us.
"Standardisation of this new ad category should see in-game appearing on more
media plans across the globe and will help to deliver greater revenues for
game publishers on all platforms."
-ENDS-
Contacts
Bidstack Group Plc
James Draper, CEO via Buchanan
SPARK Advisory Partners Limited (Nomad) +44 (0) 203 368 3550
Mark Brady / Neil Baldwin / James Keeshan
Stifel Nicolaus Europe Limited (Broker)
Fred Walsh / Tom Marsh +44 (0) 20 7710 7600
Buchanan Communications Limited
Chris Lane / Stephanie Whitmore / Kim van Beeck +44 (0) 20 7466 5000
bidstack@buchanan.uk.com (mailto:bidstack@buchanan.uk.com)
About Reach announcements
Reach is an investor communication service aimed at assisting listed and
unlisted (including AIM quoted) companies to distribute media
only/non-regulatory news releases such as marketing messages, corporate and
product information into the public domain. An RNS Regulatory announcement is
required to be notified under the AIM Rules for Companies.
Notes to editors
About Bidstack
Bidstack is an advertising technology company which provides dynamic, targeted
and automated native in-game advertising for the global video games industry
across multiple platforms. Its proprietary technology is capable of inserting
advertisements within video games. Bidstack's customers are games publishers
and developers (on the supply side), and advertising agencies, brands and
media-buying platforms (on the demand side).
This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END NRAZFLFXLVLZBBD