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LG Ads Lands a Big One — Omnicom Group

LG Ads Solutions
(Image credit: LG Ads Soluitions)

LG Ads Solutions has announced a deal with Omnicom Media Group to bring LG smart TV and cross-screen ad inventory to clients of the world's second largest advertising agency. 

LG Ads data, culled from a network of more than 20 million LG smart TV U.S. households, will be integrated within Omni, Omnicom’s suite of proprietary applications, which in turn will mesh with clients’ first-party data and technology to orchestrate media campaigns. 

OMG agencies will now be able to run TV campaigns across all addressable LG smart TVs in the U.S.

LG Ads notes that connected TV adverting revenue is expected to reach $19.1 billion in 2022. 

New York-based Omnimedia is the world's second-biggest ad agency, with projected 2022 revenue of $15 billion, placing it only behind London's WPP ($16.9 billion), according to Insider Intelligence. Omnimedia's client roster includes McDonald‘s, Apple, Unilever and Johnson & Johnson.

“Omnicom’s vision for bringing more transparency and quality consumer experiences to CTV is directly in line with our initiatives for more open access to high-value smart TV data and for guaranteed outcomes for advertisers, where CTV media is only paid for when campaign objectives are met,” LG Ads Solutions CEO Raghu Kodige said in a statement. 

Added Slavi Samardzija, CEO of Annalect, the data and analytics division of OMG that developed and manages Omni: “LG Ads Solutions brings one of the industry’s largest observed TV data sets to the Omni platform, as well as access to its premium CTV media inventory. This partnership is a natural continuation of our efforts to transform the effects of data and analytics on media, while giving our clients access to the best view of both consumer behaviors and media inventory, paired with the highest level of precision.” ■

Daniel Frankel is the managing editor of Next TV, an internet publishing vertical focused on the business of video streaming. A Los Angeles-based writer and editor who has covered the media and technology industries for more than two decades, Daniel has worked on staff for publications including E! Online, Electronic Media, Mediaweek, Variety, paidContent and GigaOm. You can start living a healthier life with greater wealth and prosperity by following Daniel on Twitter today!