GAC Media Works With Canoe Ventures on More Advanced Advertising Initiatives
Companies eye addressable TV and free-ad supported streaming TV channels
Former Hallmark Channel head Bill Abbott’s GAC Media said it has reached a new deal with Canoe Ventures to enable new multi-platform advanced advertising initiatives to support its tradition-minded programming.
Canoe will help GAC enable addressable TV and monetize new free-ad supported streaming TV channels.
GAC and Canoe had already been working together to optimize the revenue from GAC’s linear channels.
Abbott, a former ad sales exec, led a group that bought Great American Country and Ride TV and turned them into the family-friendly channels GAC Family and GAC Living. He has been working from the Hallmark playbook, stocking the new networks with holiday-themed programming, including a sackful of Christmas movies starring many of Hallmark viewer favorite actors and actresses.
“As GAC Media heads into its first upfront season, we’re pleased to be collaborating closely with Canoe,” said Paul Brennan, senior VP, advertising and digital sales at GAC Media. “Implementing national addressability within our trusted, family-friendly programming will help further differentiate Great American Channels and ultimately drive ROI and positive outcomes for our partners.”
Canoe enables addressable advertising across linear, VOD and streaming video platform and integrates dynamic ad insertion over a footprint of 38 million households. Canoe is owned by Comcast Charter Communications and Cox.
“We are thrilled that GAC has put their trust in Canoe to help them grow their advertising business,” said Mark Shepard, senior VP, GM Core Business at Canoe. “Canoe core capabilities now reach far beyond our traditional VOD DAI business, and we are excited to bring these products to bear for GAC Media.” ■
Broadcasting & Cable Newsletter
The smarter way to stay on top of broadcasting and cable industry. Sign up below
Jon has been business editor of Broadcasting+Cable since 2010. He focuses on revenue-generating activities, including advertising and distribution, as well as executive intrigue and merger and acquisition activity. Just about any story is fair game, if a dollar sign can make its way into the article. Before B+C, Jon covered the industry for TVWeek, Cable World, Electronic Media, Advertising Age and The New York Post. A native New Yorker, Jon is hiding in plain sight in the suburbs of Chicago.