New York Interconnect Renews Measurement Deal With Nielsen
Cable joint venture also licenses Nielsen Ad Intel
Nielsen said that it signed a long-term renewal of its deal to provide local TV measurement to the New York Interconnect.
The Interconnect is a joint venture of Altice USA, Charter Communications and Comcast created in 2017 to sell local advertising across the New York market, the biggest in the U.S..
The New York Interconnect also licenses Nielsen Ad Intel, which provides competitive spending information.
Nielsen’s measurement data will be used to evaluate the performance of cable networks in the New York market and calculate the reach and frequency of local ad campaigns.
“Nielsen’s data aids NYI in prospecting as it details ad dollars spent in the New York market on a category and advertiser basis,” Betsy Rella, VP of research and data for NYI, said. “We use Nielsen data in our sales collateral to help position our products in the marketplace. Additionally, with the use of Nielsen data, NYI is able to create posting reports for each client which serve as a ‘report card’ to ensure our local cable advertisers achieve the deliveries they expect.”
Rella said NYI was also enthusiastic about Nielsen’s commitment to shift from local ratings to measuring impressions.
“New York Interconnect is a valued client and industry leader, and we look forward to continuing to support the successful campaigns they create for their brands and advertisers,” said Catherine Herkovic, executive VP, managing director, Nielsen Local TV. “The support for impressions-based buying as evidenced by NYI’s enthusiasm and solidarity is a testament to the imperative across the industry, and Nielsen’s progress lays the groundwork for implementing Nielsen One across local, national and digital measurement.” ■
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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.