NEW YORK, May 12, 2017 /PRNewswire/ -- Screenvision Media, a national leader in cinema advertising, pitched the most memorable impression in media to CMOs, planners, buyers and brands at the company's Upfront event at the PlayStation Theater in New York City. Building on its proven equation of premium video in an immersive environment with the most desirable audience, Screenvision Media unveiled its '10 Pack' offering – a premier package giving advertisers unique access to blockbuster films – along with an advanced targeting tool, Cintel, providing more concentrated access to brands' desired audiences.
Coming off an industry-leading year of growth driven by an increase in television dollars being allocated to cinema, Screenvision Media focused on reinforcing its core proposition of premier, premium video. Through its 10 Pack offering – an industry first – Screenvision Media will allow Upfront advertisers the ability to not only align with the biggest tentpole movies, but also have preferred ad placement throughout the year. 2017 brings a robust slate of highly anticipated movies projected to gross $11.4B, exceeding 2016's record year.
In addition, through Cintel, brands will have the ability to target advertising based on behavioral and psychographic data, in addition to movie genre and demographics. The proprietary tool is fueled by input from a variety of third parties including Nielsen and Movio, along with information gathered from first party data sources. With its refined targeting capabilities, Screenvision Media also announced industry-first targeted content packages, which enable brands to target their content within the company's Front & Center Preshow. Through this package, the company can more precisely program a brand's content before a targeted set of movies that best align with the brand.
"There's no question that we are at an inflection point in media. Advertisers are looking for memorable impressions that create impact along with TV audience replacement, and they are finding that in cinema," said John Partilla, CEO of Screenvision Media. "We work hard every day to create an environment that allows for maximum absorption of advertiser messaging, as well as create programs and initiatives that reinforce our impact. There is no better place for storytelling, or making a more memorable impression, than the big screen."
"TV ratings erosion is real and it's becoming increasingly harder to buy GRPs effectively. In addition, viewability, fraud and the inability to guarantee a safe environment with appropriate context are major concerns in the digital world," said Katy Loria, Chief Revenue Officer, Screenvision Media. "During our Upfront this year, we not only wanted to drive home our ability to deliver the scale required for audience replacement, but also the essential role our most memorable impressions play within the media mix. In a landscape where attention is the new ROI and engagement is the new currency, we are the premier of premium video, and we offer the ultimate storytelling canvas for impact."
Screenvision shared results of its Connected Cinema case study, which highlighted the extended reach amongst moviegoing audiences and subsequent incremental consumer engagement. Through Connected Cinema, Screenvision Media's affiliates enable brands to connect and engage with audiences before, during and after the movies.
"We know that advertisers covet our valuable moviegoing audiences, and through Connected Cinema, we are able to give them increased touchpoints as well as positively impact engagement with their brands. It is an exciting time, and we look forward to bringing more affiliates and brands into the Connected Cinema experience, and doing even more to reinforce the most memorable impression in media," said Christine Martino, EVP National Ad Sales, Screenvision Media.
Screenvision Media also announced its efforts to further unlock the power of memorable impressions within the moviegoing experience through the commissioning of a research study led by leading Neuroscientist, Dr. Duane Varan. Screenvision Media opened up charter participation in this groundbreaking research to Upfront advertisers during the presentation.
"We are very proud of our unrivaled ad awareness, and we take very seriously our role in harnessing the power of the most memorable impression on behalf of our advertisers. We already see that there is accelerated impact on key KPI's when cinema is paired with TV, and we look forward to working with advertisers as we undergo this exploration," said John McCauley, Chief Strategic Development Officer, Screenvision Media.
The moviegoing experience continues to attract audiences in masses. In 2016, 1.3 billion moviegoers drove a new record at the box office, resulting in $11.3 billion in ticket sales. The 2017 box office is following suit and is on track to exceed 2016's all-time high. Year to date, nine films have topped the $10 million box office mark. Concurrently, the cinema advertising industry continues to thrive, closing out 2016 with over $750 million in revenue, accounting for 5.8% year-over-year growth.
Screenvision Media's focus on creating the most memorable impression through its in-house branded content studio, 40 Foot Solutions, continues to be a driving force of growth for the company. Thus far, in 2017, the creative studio has produced branded content segments across the watch, consumer electronics, skincare, automotive and wireless categories.
Screenvision Media's 2017 Upfront event was held at PlayStation Theater in Midtown Manhattan, and was produced by Empire Entertainment.
ABOUT SCREENVISION MEDIA
Headquartered in New York, N.Y., Screenvision Media is a national leader in cinema advertising, offering on-screen advertising, in-lobby promotions and integrated marketing programs to national, regional and local advertisers and providing comprehensive cinema advertising representation services to top tier theatrical exhibitors presenting the highest quality moviegoing experience. The Screenvision Media cinema advertising network is comprised of over 14,600 screens in 2,300+ theater locations across all 50 states and 94% of DMAs nationwide; delivering through more than 150 theatrical circuits, including 6 of the top 10 exhibitor companies. For more information: http://screenvisionmedia.com/.
Kate Carver – Olson Engage
Caitlin Wiig – Olson Engage
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SOURCE Screenvision Media