Podcast
Next in Media
Hosted by Mike Shields · EN
Everything we know about the media, marketing and advertising business is being completely upended thanks to technology and data. We're talking with some of the top industry leaders as they steer their companies through constant change.
125episodes
Episodes
Newest firstAll episodes
Live From Cannes with Google's Sean Downey
Jun 17, 202500:17:07Summary readyNext in Media and Sean Downey of Google discuss YouTube's evolving role in connecting brands with creators, highlighting new platforms like Brand Connect and "Peak Points" to foster authentic partnerships and drive full-funnel outcomes for advertisers. They also touch on YouTube's expansion into live events like the NFL's global broadcast and the growing potential of shoppable content across all formats.💡Takeaways:🤝 Creator-Brand Connection: There's a growing emphasis on connecting brands with authentic creators to leverage the creator's voice and trusted relationship with their audience for brand messaging. 📈 Trust in Creators: A significant insight is that 98% of users trust YouTube creators more than any other platform or even the brand itself when seeking recommendations. 🔄 Full-Funnel Approach on YouTube: YouTube serves as a comprehensive platform where consumers engage in searching, streaming, scrolling (especially with Shorts), and shopping. 🔗 AI-Powered Connections & Advertising: Technology, particularly AI, is crucial for scaling connections between brands and creators and for optimizing ad placement to reach the right audience. 💡 Authentic Storytelling: The most effective brand integrations with creators are not scripted but allow the creator to authentically incorporate the brand message into their voice and content. ⏱️ Real-time Trending Content: Brands are looking to tap into trending moments and creators who are currently "popping". 🏈 Beyond In-Game Ads for Live Events: For live events like the NFL, the strategy extends beyond traditional in-game ad units to encompass the surrounding cultural and content moments.🎙 Guest: Sean Downey🎤 Host: Mike Shields📺 Sponsor: VuePlanner🎬 Producer: FEL Creative
SummaryShould Paypal be building an ad business?
Jun 11, 202500:22:10Summary readyNext in Media spoke with Dr. Mark Grether SVP & General Manager, PayPal Ads, on why he thinks the company's 'transaction graph' may be even more powerful than some retailers' data for advertising, and why there's nothing to worry about with a company that has so many people's banking information to use that data for ad targeting. 💡Takeaways:🌐 The Power of Transaction Graphs: PayPal's advertising strategy is built on its "transaction graph," which captures consumer spending across 30 million merchants globally, offering a much broader and deeper understanding of purchase behavior than single-retailer data. 🔗 Cross-Retailer Attribution: Unlike traditional retail media that operates in silos, PayPal can provide closed-loop attribution across all merchants where a brand's products are sold. 🛍️ Beyond Single-Category Insights: PayPal's transaction graph enables connections across diverse spending categories (e.g., sporting goods, groceries, travel). 🔒 Trust and Data Security in Advertising: Despite handling sensitive financial data, PayPal emphasizes that trust and data safety are central to its advertising business. 🤝 Agency Collaboration: Advertising agencies are actively "leaning in" to PayPal advertising because of its ability to offer a cross-media view and help optimize and plan campaigns across many outlets in their ecosystem.📈 Evolution to Offsite and Full-Funnel: PayPal is naturally expanding into "offsite" ads and full-funnel marketing due to its existing transaction data across numerous merchants. 🎙 Guest: Dr. Mark Grether🎤 Host: Mike Shields📺 Sponsor: Rembrand🎬 Producer: FEL Creative
SummaryMike and Emily Riley talk media agency paralysis, Amazon vs Trade Desk, Paramount Drama and Sydney Sweeney Soap
Jun 9, 202500:19:53Summary readyMike and Emily Riley talk media agency paralysis, Amazon vs Trade Desk, Paramount Drama and Sydney Sweeney Soap.💡Takeaways:📉 Agency Turmoil and Risk Aversion: Ad agencies are experiencing significant internal issues, including layoff fears, client shifts, and restructuring (e.g., WPP). 🤝 Innovation Through Established Channels: While direct sales to agencies are difficult, ad tech innovation is still happening by "hitching wagons" to established platforms. 🛍️ Retail Media's Rise: Retail media, particularly through platforms like Amazon, is a significant area of opportunity for ad spending. 🧱 Amazon's Walled Garden Advantage: Amazon is increasingly influential in the ad tech space, acting as a "walled garden" with rich shopping data. 🔍 Google's Potential Shift and Amazon's Search Play: The potential breakup of Google (e.g., selling Chrome) could open up the search market significantly.📉 Legacy Media's Struggle and Live Content's Value: Traditional media companies like Paramount are facing significant challenges due to outdated business structures and internal conflicts. 📱 Mobile-First TV Consumption: Younger generations are increasingly watching TV content on their phones, highlighting a shift in consumption habits. 🤖 AI's Role in Creative - Automation vs. Innovation: There's a debate about AI's role in creative advertising. 🎙 Guest: Emily Riley🎤 Host: Mike Shields📺 Sponsor: LinkedIn🎬 Producer: FEL Creative
SummaryShould Brands Care More about Sports, Creators, or Creators Who Care About Sports
Jun 4, 202500:33:08Summary readyCanvas CEO Paul Woolmington on why everyone needs the NFL, and why brands need to weigh the value of running ads in live games vs. becoming part of the religion of sports fandom - with creators' help.💡Takeaways:Sports Dominance & Cultural Anchor: Sports have become a dominant force in media, serving as a critical aspect of live content and a shared cultural experience that transcends demographics and connects communities. 🏈Rise of the Creator Economy: The upfronts are increasingly focused on the creator economy, highlighting the significance of authentic voices and emergent stars on platforms like YouTube, which is a top viewing platform across all video. 🌟The "Anthropologist in Media": The current media landscape is at a fascinating "inflection point" with the maturation of new platforms and the pivots of incumbent players, making it an interesting time for media "anthropologists" to study evolving trends. 🧐Shift to Outcome-Based Planning: There's a strong industry shift towards outcome-based planning and focusing on outcomes across the entire marketing funnel, moving beyond just bottom-of-the-funnel metrics. 🎯Importance of the "Data Storyteller": A new and vital discipline is emerging: the "data storyteller," who can connect disparate data points, explain complex algorithms to C-suite executives, and facilitate holistic integration across various media disciplines. 📊🎙 Guest: Paul Woolmington🎤 Host: Mike Shields📺 Sponsor: Rembrand🎬 Producer: FEL Creative
SummaryEmily and Mike talk about the ad world's new obsession with models, and whether brands are too trusting of AI ad buying
Jun 2, 202500:21:05Summary readyEmily and Mike talk about the ad world's new obsession with models, and whether brands are too trusting of AI ad buying.💡Takeaways:The resurgence of Marketing Mix Models (MMMs) is a significant topic in Ad Tech, with varying opinions on their effectiveness, especially when pitted against AI-driven tools from major platforms like Meta and Google. 📊Historically, MMMs were expensive and data-intensive, primarily accessible to large advertisers like P&G for high-level media allocation decisions. 💰Today, MMMs are becoming more affordable, partly due to advancements in AI, making them more accessible to a wider range of companies. 🧠While AI optimizers from large platforms can be beneficial for small advertisers, larger, more complex companies and their agencies may find completely handing over control problematic. 🔑The debate between traditional, high-level MMMs and more granular, data-driven approaches highlights the need for advertisers to balance macro and micro strategic dials. 🎛️The evolution of content consumption, particularly among younger generations who prefer video platforms like YouTube and TikTok for news, indicates a necessary shift for media companies towards more diversified, visually-driven content formats. 📱🎙 Guest: Emily Riley🎤 Host: Mike Shields📺 Sponsor: Elemental TV🎬 Producer: FEL Creative
SummaryWhy Ad Tech Might Finally Get a Piece of That Creator $
May 21, 202500:25:47Summary readyNext in Media spoke with Conor McKenna, partner at Luma Partners, about what's held ad tech back from exploiting the creator economy, and why creators themselves - along with a new competitive dynamic among the tech platforms - may lead the industry in a whole new direction.💡Takeaways:Creator Economy's Spending Gap 🤯: Despite excitement and increased brand activity, there's a significant gap between time spent with creator content and advertising spend in that area.Media Consumption Convergence 📺📱: Major platforms like Spotify, Meta, YouTube, and CTV are increasingly converging around video formats and distribution, with creators at the core. YouTube is a prime example, competing with both TikTok (YouTube Shorts) and traditional TV (YouTube app on smart TVs).Shifting Platform Dynamics 💪: Creators, especially mega-creators, are gaining more leverage over platforms as platforms compete for their presence. This reduces the ability of platforms to control creators as much as they once did.Creators as Cross-Platform Marketers 🌐: Creators are strategically moving their audiences across different platforms and monetizing them in various ways, using short-form content as a top-of-funnel strategy to drive engagement on other channels like podcasts or Substack.Challenges in Creator Ad Buying ⚖️: Buying creator content at scale is difficult due to workflow complexities, the need for authenticity, and challenges in measuring ROI compared to traditional ad channels.AI's Role in Creator Measurement 🤖: AI is expected to create more opportunities to measure creator spend in unique ways, such as tying it to user acquisition costs or understanding content context for better value.Evolution of Creator Monetization 💰: Creators are increasingly demanding a larger share of monetization directly, rather than relying solely on platform payouts, which could drive demand for new tools and technologies.Brands Driving Change 📈: Major brands like Unilever are significantly increasing their investment in social and creator content, pushing the industry to figure out better measurement and integration for these channels.🎙 Guest: Conor McKenna🎤 Host: Mike Shields📺 Sponsor: VuePlanner🎬 Producer: FEL Creative
SummaryMike and Emily do a post upfront breakdown, mourning Xandr while debating whether Amazon is out ad teching Google
May 19, 202500:20:05Summary readyThe ad industry is seeing major shifts, with Microsoft stepping back from Xandr amidst the rise of AI and the complexities of CTV advertising at the forefronts. Meanwhile, the value of local advertising is in question, as it struggles to keep up with the evolution of digital platforms and measurement.💡Takeaways:Microsoft Exits Ad Tech (Again): 📉 The tech giant is sunsetting Xandr, citing a shift towards AI. Is this a strategic pivot or another retreat from the complex ad tech landscape? 🤔AI is the New Ad Focus: 🤖 Microsoft frames its exit as a dedication to AI-powered advertising. Expect more industry buzz (and investment?) around AI's role. 🚀Xandr's Legacy Fades: 👻 The significant investment and evolution of AppNexus, now Xandr, sees a quiet end, highlighting the volatile nature of ad tech acquisitions. 💨CTV Upfronts Remain Key: 📺 Despite industry shifts, the upfronts are still a major event and source of discussion, showcasing the importance of traditional TV in the media mix. 💰Advertiser Pushback on Platform Demands: 📢 Advertisers are increasingly willing to challenge platforms on content decisions, asserting their right to choose where their budgets go. 💪Shifting Power Dynamics: 👑 There's a sense that Elon Musk's influence in DC might be waning, potentially emboldening advertisers to push back against platform pressures. 🏛️Content Neutrality Matters: ⚖️ The principle of separation between content and advertising decisions is being reaffirmed by advertisers.
SummaryEmily and Mike Talk AI in Media Buying, Agency Layoffs, and Trade Desk Bounceback
May 13, 202500:21:01Summary readyThis week, Mike and Emily dive into the recent positive performance of The Trade Desk, questioning if the earlier concerns about the ad tech market were overblown, and then shift gears to discuss the evolving landscape of search with the rise of sophisticated AI prompting and its implications for information access and optimization.💡Takeaways:Trade Desk's Resilience: Despite earlier concerns, Trade Desk has shown strong performance, indicating potential stabilization in the ad tech market. 📈 CTV Growth & Complexity: Connected TV (CTV) is expanding, with platforms like Samsung, LG, and Vizio becoming significant players, yet the space faces challenges in balancing automation and relationships. 📺 AI Impact on Ad Tech: AI is increasingly influential in ad tech, with discussions around "agentic AI" and its potential to automate ad buying, but concerns remain about transparency and control. 🤖 Transparency vs. Automation: There's an ongoing debate about balancing the need for transparency in ad buying with the efficiency promised by automation, especially with AI. ⚖️ Agency Evolution: Agencies are adapting to technological changes, with some restructuring and incorporating AI, raising questions about the future of media planning and buying. 🏢 Search Advertising Disruption: The search landscape is potentially undergoing a significant transformation, with AI influencing how search and advertising interact and the emergence of conversational search. 🔍 Data Accuracy Concerns: There are growing concerns about the accuracy of data used by AI in ad tech, with reports of AI "hallucinations" and inaccuracies in data-driven decisions. ⚠️ Balancing Automation and Human Element: The industry is grappling with how to integrate automation technologies like AI while preserving the value of human relationships and judgment in media buying and advertising. 🤝
SummaryYouTube Enters the Upfront Season in the Driver's Seat
May 12, 202500:27:08Summary readyNext in Media spoke with Brian Albert, Managing Director, YouTube Media Partnerships & Creative Works, about YouTube's ascent on the TV screen, how the company plans to bring top creators to the table during upfront talks, and whether brands are about to pull back on commitments amidst all this tariff uncertainty.💡Takeaways:YouTube's Enduring Influence: Even after 20 years, YouTube remains a central force in the digital landscape, particularly in advertising. 🚀The Evolution of Ad Formats: The journey of YouTube's ad products over the past 15 years highlights a period of rapid and significant innovation. 📈Strategic Upfront Negotiations: YouTube actively engages in upfront negotiations, demonstrating a structured and proactive approach to securing advertising partnerships. 🤝Emphasis on Creative Best Practices: Ensuring ad quality and variety (6s, 15s, 30s, vertical) is a key focus for YouTube and its partners. 🎨Creator Collaboration as a Service: Facilitating connections between advertisers and creators is a valuable service YouTube provides to enhance campaigns. 🧑🤝🧑The Power of Creator Scale: The production capabilities of top creators like Mr. Beast and Dude Perfect rival traditional media, offering unique partnership opportunities. 🤯Brittany Broski Emceeing the Brandcast: Leveraging popular and relevant online personalities to host key industry events signals a keen understanding of current internet culture.🎤Mr. Beast and Lady Gaga on the Same Stage: The convergence of mainstream celebrity and digital creator talent at YouTube events underscores the platform's broad appeal and influence.👩🏼🎤🎙 Guest: Brian Albert🎤 Host: Mike Shields📺 Sponsor: VuePlanner🎬 Producer: FEL Creative
Summary"Why did we anoint Google and Apple as privacy czars?"
May 6, 202500:32:19Summary readyNext in Media spoke with Tim Vanderhook and Chris Vanderhook, co-Founders of Viant Technologies. The CEO and COO of the ad tech firm talked about their Trade Desk rivalry, whether a Google breakup will be good for their business and the open web, and why CTV offers a chance for fewer monopolies.💡Takeaways:Google's Monopoly & Ad Tech ⚖️: The discussion emphasizes the impact of Google's monopoly on the ad tech industry and suggests that a breakup could foster a fairer marketplace.Privacy & Regulation 🛡️: The interview highlights the ongoing debate about privacy czars, self-regulation, and the necessity for more proactive government involvement in setting privacy standards.The Evolving Ad Tech Ecosystem 🔄: There's a focus on the continuous evolution of the ad tech landscape, with discussions around the shift away from cookies and the importance of adapting to new measurement methodologies.Challenges to Established Players 🥊: The dialogue examines the increasing dominance of certain ad tech companies and the need for a level playing field to foster competition and prevent lock-in tactics.Effectiveness of Household Data 🏠: The speakers advocate for the use of household IDs as a more effective and privacy-friendly approach to ad targeting compared to traditional methods like hashed emails.The Pitfalls of Last Touch Attribution 📉: The conversation sheds light on the drawbacks of last-touch attribution models and how they can lead to misguided advertising strategies and wasted spend.CTV and the Shift in Advertising 📺: Connected TV (CTV) is identified as a key area of growth and innovation in the ad industry, with a focus on the importance of accurate measurement and attribution in this space.The Role of AI in Advertising 🤖: AI's transformative potential in advertising is explored, with a spotlight on its ability to automate processes, simplify workflows, and enhance ad targeting and optimization🎙 Guests: Tim and Chris Vanderhook🎤 Host: Mike Shields📺 Sponsor: Elemental TV🎬 Producer: FEL Creative
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