PHILADELPHIA–(BUSINESS WIRE)–Apr 10, 2019–4C and iQ Media today announce the investment in and creation of a new entity, Kinetiq ( www.kinetiq.tv ), that combines iQ Media and 4C’s Teletrax. Kinetiq will serve as the world’s largest unified TV intelligence network, offering paid and earned media measurement, monitoring and signaling across local, national and global markets.
Kinetiq will operate globally, with U.S. headquarters in Philadelphia, Pennsylvania and European headquarters in Eindhoven, Netherlands. Kevin Kohn, CEO of iQ Media, will serve as CEO of Kinetiq with key management from 4C and iQ Media completing the leadership team. Existing investors from 4C and iQ Media, including Jump Capital, Edison Partners, GMH Ventures, Kayne Capital and Civolution Holdings will remain involved. The board of directors for the new entity is comprised of Kevin Kohn of Kinetiq, Dr. Alok Choudhary of 4C, Kelly Ford of Edison Partners, Sach Chitnis of Jump Capital, and one independent member to be appointed.
Kinetiq’s combined global TV intelligence network will enable broadcasters, brands, agencies and software partners to evaluate and measure TV and video with the same speed, accuracy and agility as digital. Kinetiq combines iQ Media’s ability to identify paid and earned brand mentions, nationally and across all 210 U.S. DMAs, with the global Teletrax network: 85+ countries, across more than 250 global capture locations and approaching 2,500 TV stations.
“Historically, TV attribution has been limited to paid advertising, overlooking the impact and return on brand exposure within the content—where audiences are most engaged,” said Kevin Kohn, CEO of Kinetiq. “As advertisers and agencies evolve their paid TV strategies to include earned media and brand sponsorship, Kinetiq is uniquely positioned to help quantify the true return on these investments. We are thrilled to join forces with the talented team operating Teletrax to make this a reality.”
“Bringing together iQ Media and Teletrax creates powerful new solutions for the industry and efficiencies of scale for the company,” said Lance Neuhauser, CEO of 4C. “We’re excited to leverage the unmatched strength of Kinetiq’s global TV intelligence network to fuel the media analytics available to brands through the Scope by 4C™ platform.”
Together, iQ Media and Teletrax bring Kinetiq’s clients the most comprehensive understanding of TV performance currently on the market, including:
TV & Media Monitoring—Real Time or Retroactive: The ability to track and evaluate the entirety of earned media coverage, with unparalleled access to real-time and historical broadcast TV and media content—including more than 40 million hours of TV programming.
Content Identification & Tracking: Kinetiq employs fingerprinting and watermarking capabilities to offer global insight into where, when, and for how long your content was broadcast.
Ad Catalogue as a Service: Kinetiq’s growing ad catalog boasts more than 500,000 indexed ads from over 32,000 brands. The company plans to make the catalogue widely available, via subscription, for competitive analysis and creative auditing. The catalogue spans all 210 U.S. DMAs and national ads across the 85 markets Kinetiq serves.
Sponsorship Measurement: A unified understanding of how brand sponsorships, in the form of events, athletes, product placements and properties, are performing in- and out-of-event across live TV.
TV Attribution and Advanced Audience Segments: Through a network of connected smart TVs, Kinetiq can link TV brand exposures to household-level data and brands’ first party data—measuring ROI across paid, earned and sponsorship.
Second Screen Signaling: Kinetiq can activate ads on mobile devices and computers any time a brand is seen or heard on TV through signals sent to media buying platforms, including search, social media, mobile, and digital.
Kinetiq’s roster of clients includes Mercedes-Benz, Fox Broadcasting Company, Google, Mitsubishi, Newell Brands, US Bank, AP, and Reuters. Progress Partners represented iQ Media in the transaction.
About Kinetiq
Kinetiq is taking a bold new approach to TV data and analytics. Through the union of iQ Media and 4C’s Teletrax, Kinetiq’s intelligent monitoring, measurement and signaling solutions offer the most comprehensive view of TV performance across global, national and local markets. Kinetiq delivers valuable insights on audiences and engagement across all paid, earned and sponsorship investments. Brands, agencies, broadcasters and ISVs like Mercedes-Benz, Fox Broadcasting Company, and Google use Kinetiq to better understand their true ROI on TV, locally and globally. Headquarters are located in Philadelphia and Eindhoven, Netherlands. Visit www.kinetiq.tv for more information.
About 4C
4C is a global data science and marketing technology company that delivers self-service software for brands to execute video-centric marketing and optimize business outcomes. Leading brands, global agencies, and media owners trust the Scope by 4C ™ platform to identify their most valuable consumers and reach them across channels and devices. With nearly $2 billion in annualized advertising spend running through Scope, 4C enables unified audiences, activation, and analytics on linear television, social media, over-the-top content, and digital commerce. Founded in 2011 and based in Chicago, 4C has staff in 16 worldwide locations throughout the United States, United Kingdom, the Netherlands, France, Hong Kong, India, Singapore, and the Philippines. Visit www.4Cinsights.com for more information.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190410005277/en/
CONTACT: Media
Victoria Perlak
Channel V Media
212-680-0179
KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA
INDUSTRY KEYWORD: ENTERTAINMENT TV AND RADIO TECHNOLOGY DATA MANAGEMENT SOFTWARE OTHER TECHNOLOGY GENERAL ENTERTAINMENT MOBILE/WIRELESS SEARCH ENGINE MARKETING SEARCH ENGINE OPTIMIZATION SOCIAL MEDIA COMMUNICATIONS ADVERTISING MARKETING
SOURCE: iQ Media
Copyright Business Wire 2019.
PUB: 04/10/2019 09:00 AM/DISC: 04/10/2019 09:00 AM