Turner To Use IBM For Ads
March 02 2016 - 3:02AM
Dow Jones News
(FROM THE WALL STREET JOURNAL 3/2/16)
By Steven Perlberg
As traditional TV networks race to show off their big data chops
to advertisers, Turner Broadcasting has signed a deal with IBM to
incorporate Watson, the data-crunching powerhouse, into its ad
sales efforts.
Turner is hoping that Watson, famous for beating top human
competitors on "Jeopardy," will give it a leg up against its
competitors as they battle for ad dollars in the coming months.
The technology will parse through information such as Turner's
in-house data on its advertisers, publicly available and purchased
data sets, news and analyst reports, social media posts and other
sources. The idea is to then be able to tell an advertiser
something they don't know about their business or the larger
market. And how advertising on Turner can help in all that, of
course.
"Over time we are looking to turn ourselves more into a
marketing services group than just an advertising sales team," said
Michael Strober, executive vice president of client strategy and ad
innovation at Turner. "This is about empowering our sales force to
have more meaningful conversations with today's marketers."
Turner, a unit of Time Warner Inc., owns networks such as TBS,
TNT, CNN and HLN.
As part of the announcement, Turner named James Russo, formerly
a consumer insights executive at ratings firm Nielsen, as senior
vice president of client strategy and development.
The deal comes as more media and marketing companies experiment
with Watson, which boasts that it can reveal patterns and
relationships that humans miss. The artificial intelligence
platform recently selected social media influencers to be used in a
Super Bowl ad campaign for Kia Motors, for example.
About 550 companies have struck deals with IBM to use Watson to
develop commercial products, apps and services, according to Steve
Gold, chief marketing officer of IBM's Watson Group.
Watson has been used to help doctors diagnose medical
conditions, track fan sentiment at sporting events and underpin
online-shopping apps.
By enlisting Watson, Turner is "using a capability to pull
together disparate forms of data," Mr. Gold said. "As obviously
simple as that sounds, it isn't. Most organizations struggle with
getting information beyond what resides in the conventional legacy
and large-scale systems."
In some cases, IBM signs a revenue-sharing agreement with the
companies using Watson. Instead, Turner is licensing the
technology, which can give ad sellers "a full, 360-view of their
advertising customers," said Adam Steinberg, vice president of
cognitive business solutions at IBM.
(END) Dow Jones Newswires
March 02, 2016 02:47 ET (07:47 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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