Home Platforms Demand-Side Platform AdBuyer.com Acquired By MediaBank; Attribution Holy Grail Looms

Demand-Side Platform AdBuyer.com Acquired By MediaBank; Attribution Holy Grail Looms

SHARE:

MediaBankCEO Bill Wise’s MediaBank announced today that it has acquired demand-side platform AdBuyer.com (Read AdExchanger.com Q&As from 2009 and 2010). According to the MediaBank press release:

“MediaBank will make the AdBuyer platform available to MediaBank partners via the MediaBank O|X and A|V media management systems, and will expand AdBuyer’s cross-channel capabilities across all major media—creating a single, unified command center spanning digital and traditional advertising.”

Read the release.

It appears that with AdBuyer.com, Wise is looking to update his M|Buy idivision of MediaBank which he said “uses technology, data, and services to help advertisers run local advertising more intelligently” in an interview with AdExchanger.com last August. Read the MediaBank DSP interview from August 2010.

AdBuyer.com was built originally as a search and display buying platform. Wise and MediaBank want to create its own cross-channel version of the DSP model. With MediaBank’s back office systems in place and helping to deliver cross-channel transaction information for agencies, in theory, this data could help power not only the targeting the capabilities of a DSP but also power a better understanding of attribution where the marketer/agency knows how each channel of spend affects each channel AND the final conversion.

This “attribution” holy grail is something many layers are chasing as they try to get their hands on all the buying and selling data ….. there’s different ways to do it. Google has its way, Adobe has its, AppNexus is building its plumbing, IBM is moving in this direction whether they know it or not. Bill Wise with his understanding of the space and Right Media experience and wants Mediabank to be there, too. Certainly, Donovan Data Systems will give this a “go” too.

Everyone is chasing but no one has truly achieved. Can it be achieved? Seems like its a ways off. Eventually, it seems reasonably possible. Big data, right this way!

By John Ebbert

Must Read

John Gentry, CEO, OpenX

‘I Am A Lucky And Thankful Man’: Remembering OpenX CEO John ‘JG’ Gentry

To those who knew him, John “JG” Gentry wasn’t just a CEO. He was a colleague who showed up with genuine care and curiosity.

Prebid Takes Over AdCP’s Code For Creating Sell-Side AI Agents

The group that turned header bidding software into an open standard is bringing the same approach to publisher-side AI agents.

Meta logo seen on smartphone and AI letters on the background. Concept for Meta Facebook Artificial Intelligence. Stafford, UK, May 2, 2023

Meta Bets That Its Ad Machine Can Fund Its AI Dreams

Meta is channeling its booming ad revenue into a $135 billion AI drive to power its “personal superintelligence” future.

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Header Bidding Rapper (Wrapper!)

Microsoft To Stop Caching Prebid Video Files, Leaving Publishers With A Major Ad Serving Problem

Most publishers have no idea that a major part of their video ad delivery will stop working on April 30, shortly after Microsoft shuts down the Xandr DSP.

AdExchanger's Big Story podcast with journalistic insights on advertising, marketing and ad tech

Guess Its AdsGPT Now?

Ads were going to be a “last resort” for ChatGPT, OpenAI CEO Sam Altman promised two years ago. Now, they’re finally here. Omnicom Digital CEO Jonathan Nelson joins the AdExchanger editorial team to talk through what comes next.

Comic: Marketer Resolutions

Hershey’s Undergoes A Brand Update As It Rethinks Paid, Earned And Owned Media

This Wednesday marks the beginning of Hershey’s first major brand marketing campaign since 2018