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iTVX Launches First Tool to Measure Branded Entertainment in Web Video

Posted : Mon, 02 Jun 2008 11:50:38 GMT
Author : iTVX
Category : Press Release
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NEW YORK, June 2 NY-iTVX-Launches-Tool
NEW YORK, June 2 /PRNewswire/ -- iTVX the global leader in measuring the quality of branded entertainment in TV and Movies has announced the international release of a system to measure the quality and value of branded entertainment and product placement in Web Video Content.
According to Frank Zazza CEO of iTVX, "measuring the quality and value of branded entertainment is of foremost concern as dollars expeditiously migrate into the digital space." He continued, "Advertisers and content providers needed to have a tool and currency to do business in this multifaceted digital world that includes webisodes, user generated content, (e.g. You Tube) web music videos, Internet broadcast TV, and Interactive product placement ... iTVX has fulfilled that need."
The iTVX "In Web" tool follows the design and look of iTVX's "In TV" and "In Movies" player, measuring 60 factors per 100th of a second of exposure. New metrics include a "d/X Factor" which considers brand exposure duration relative to total content duration, and a "Web Environment Adjustment" which makes calibrations for the environment surrounding branded content.
Like other iTVX tools, 'In Web' delivers a Q-Ratio(TM) which is the global branded entertainment currency that relates the quality of branded entertainment to media value allowing for a true cross-comparison between branded entertainment and conventional advertising spending. Value for the branded entertainment or product placement is easily attained by inserting a CPM and viewers. iTVX's technology does the rest allowing advertisers and content providers to focus their attention on producing quality branded content. As the "In Web" tool generates reports, iTVX's technology will create predictive recognition analytics and industry quality comparison charts. The system also incorporates a Pre-Valuation tool to help marketers and content providers manage expectations and do better business at the front-end of a deal.
iTVX has been working in tangent with some of its clients Unilever, Henkel, Toyota, Chrysler, Nissan and Ford to help develop the final product.
According to Robert Witter, head of Ford Global Branded Entertainment, "We rely on iTVX for branded entertainment valuations in TV and Movies; having In Web Video valuations will certainly help clarify Ford's cross platform ROI on branded entertainment and product placement opportunities".
About iTVX: iTVX is the leading global product placement and branded entertainment valuation company specializing in solutions that will enable clients to make better branded entertainment decisions.
Contact: Stephene Kelly 914-633-9111 x 121 or visit iTVX @ www.iTVX.com
SOURCE iTVX

Copyright © 2008 PR Newswire. All rights reserved.




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