NEW YORK, July 11, 2017 /PRNewswire/ -- Nielsen (NYSE: NLSN) today announced that premium podcasting company Panoply Media has selected the Nielsen Data Management Platform (DMP) - a core Nielsen Marketing Cloud application - to power in part its Megaphone Targeted Marketplace, which introduces audience targeting to podcasting for the first time. Nielsen will provide Panoply with advanced consumer insights and audience segmentation, enabling its advertising partners to tailor their messages to specific podcast audiences, thereby increasing message relevance and campaign performance. These new capabilities make Panoply a first-mover in addressable podcast advertising.
According to Panoply's 2016 Annual Audience Survey, half of all listeners report buying products advertised on podcasts. Panoply's work with Nielsen offers a quantum leap in podcast metrics. The Nielsen DMP makes this possible by enabling Panoply to anonymously connect listeners to all of their devices and their households, as well as offering a wide spectrum of Nielsen audience data that reveals listener interests, demo-, geo- and psychographics, the media they consume, and their online and mobile behavior. It also brings Panoply extensive purchase-based audience data from Nielsen.
"Apple will soon be providing an unprecedented look at the behavior of podcast listeners, including when they skip ads and stop listening to episodes," said Jason Cox, Panoply's CTO. "That makes our work with Nielsen a crucial tool for creators and advertisers. The Panoply Megaphone Targeted Marketplace will now be able to build detailed, anonymized profiles of listeners across a wide range of shows. Finally, podcasters have real clarity into who's listening."
Advertisers can now segment and target podcast listening audiences across a wide range of shows at a degree of accuracy unavailable until now. This works across all podcasting apps, including Apple Podcasts and other third party podcast apps. Additionally, this enhanced audience data will be available to the many non-Panoply podcast networks that use Megaphone as their hosting and technology platform.
"We are excited to bring podcast advertising into the age of personalized, audience-based marketing by providing Panoply a level of data access, consumer analytics and data management capabilities only the Nielsen Marketing Cloud can provide," said Damian Garbaccio, EVP - Nielsen Marketing Cloud. "Our omnichannel data insights provide advertisers with detailed and actionable information on people's affinities, personalities, purchase behavior and media preferences. They can leverage this big and smart data to inform their podcast marketing strategy, create highly personalized content and run campaigns that resonate more with listeners."
"With its highly-engaged audience, podcasting presents advertisers with an unparalleled opportunity to connect and engage with listeners in a way no other digital platform can," said Brendan Monaghan, CEO of Panoply. "Nielsen Marketing Cloud gives us direct access to a remarkable breadth and depth of audience data. This helps us enhance the value of our audience and enables our advertisers and podcasting partners to run audience-targeted campaigns for the first time in podcasting."
Nielsen Marketing Cloud empowers brands, agencies and media companies to connect more effectively with customers by combining Nielsen's world-class audience data, media planning, marketing activation, analytics and data management platform capabilities in a fully-integrated platform.
Nielsen is committed to consumer privacy, making consumers aware of how their data is being used, and providing the ability to opt-out of targeted advertising. Consumers will receive notice and have the ability to opt out of targeted advertising via a link included in the descriptions of podcasts the user downloads.
Nielsen Holdings plc (NYSE: NLSN) is a global performance management company that provides a comprehensive understanding of what consumers Watch and Buy. Nielsen's Watch segment provides media and advertising clients with Total Audience measurement services across all devices where content — video, audio and text — is consumed. The Buy segment offers consumer packaged goods manufacturers and retailers the industry's only global view of retail performance measurement. By integrating information from its Watch and Buy segments and other data sources, Nielsen provides its clients with both world-class measurement as well as analytics that help improve performance. Nielsen, an S&P 500 company, has operations in over 100 countries that cover more than 90 percent of the world's population. For more information, visit www.nielsen.com.
ABOUT PANOPLY MEDIA
Panoply Media is a premium podcasting company that produces original shows, curates digital audio content for listeners and operates Megaphone, an industry-leading technology platform for podcast creators and advertisers.
Panoply's Megaphone is the premier technology platform for spoken word audio and a complete end-to-end solution to publish, monetize and measure podcasts. It is used by a growing number of podcast networks, including Gimlet, Pineapple Street, Buzzfeed, and WBUR, as well as all Panoply podcasts. The technology has served more than 500 million podcast episodes and will surpass a billion this year.
With its programming ranging from news and politics, to culture and lifestyle, to business and technology, Panoply is behind some of the most successful podcasts to date, including Revisionist History from Malcolm Gladwell and Happier from Gretchen Rubin. Panoply was also the first network to create custom podcasts for brands, including The Message and LifeAfter from GE Podcast Theater.
Panoply launched in 2015 as a division of The Slate Group.
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