TiVo Inc. (Nasdaq: TIVO), the creator and leader in advertising solutions and television services for digital video recorders (DVRs), today announced an upfront, multi-million dollar advertising agreement with Interpublic Media, which oversees the media services operations of the Interpublic Group of Companies (NYSE: IPG), including Initiative, MAGNA Global, Universal McCann and a number of leading specialist media agencies.
“TiVo is pleased to have Interpublic Media as the first major advertising holding company to sign an upfront deal. This agreement further validates our commitment to the advertising industry and presents an opportunity for all of Interpublic’s clients to leverage TiVo’s DVR advertising to reach an attractive demographic,” said Tom Rogers, President and CEO of TiVo. “TiVo offers an interactive advertising solution that enables the consumer to pause television and engage in a branded advertising experience, without missing even a second of the TV show a viewer is watching. We are excited to expand our long-standing relationship with Interpublic and look forward to capitalizing on their intellectual capital, experience and relationships in the future.”
Nielsen DVR Data Analyzed, 80% Skip Ads
In an article written either before or without knowledge of TiVo’s new commercials-on-demand service, Business Week breaks down Neilsen data on DVR usage. Among the 5% of homes that recorded the 4/16 episode of American Idol, about 80% skipped ads during later playback. While Business Week estimates only about 3% of all commercials are being … Read more