ITV’s Planet V hits £1 billion in bookings

ITV’s Planet V hits £1 billion in bookings 

Planet V, ITV’s proprietary, self-service addressable advertising platform, has hit £1 billion in bookings since its launch.

Launched in October 2020, Planet V is a market-leading addressable advertising platform which creates and delivers targeted advertising at scale. 

All the major agencies, independents, regional agencies and in-house client teams are using Planet V as an intuitive, easy-to-buy self-serve platform, allowing them to streamline their approach to planning and buying addressable campaigns on ITVX. The platform is used by over 2,000 users in the UK and offers agencies and advertisers access to over 20,000 data-targeting options to create sophisticated audience segments.

It is now the exclusive entry point for ITVX advertising, and handles over 99% of ITV’s digital ad bookings. 

Planet V is the second-largest video advertising platform for premium video in the UK, after Google, and utilises ITV’s extensive data assets and capabilities to provide compelling advertising products for advertisers. 

ITV has one of the largest first-party data sets in the UK, with over 40 million registered users on ITVX. Agencies and advertisers can make use of this alongside their own data and other third-party datasets, to create more precise addressable campaigns. 

Since launch Planet V has attracted over 1,100 new advertisers to ITV with 10% of annual digital advertising revenues now sourced from the long tail of advertisers. Last month alone the platform welcomed 22 new customers.

Advertisers can also incorporate their own first-party data in a GDPR-compliant environment using InfoSum (an identity infrastructure provider) and monitor their campaigns through a custom-built user interface. 

Kelly Williams, Managing Director, ITV Commercial:

“Planet V has been a step change in the industry and has fundamentally changed how we engage with advertisers digitally. It has been a key enabler of our digital ad growth, delivering sophisticated data-driven addressable advertising at scale.”

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