YuMe Expands Its Product Suite to Include Outstream Video Ads
Enhances the Company’s Leading Direct and Programmatic Video Offerings Beyond In-Stream Video
Redwood City, CA(22 Oct 2015)
YuMe, Inc. (NYSE: YUME) the global audience technology company powered by data-driven insights and multi-screen expertise, today announced the launch of its Outstream video offering. The move into Outstream further diversifies YuMe’s leading end-to-end digital video advertising solutions and complements its well-established in-stream business. The new Outstream solution enables premium editorial publishers to monetize non-video content, while providing increased opportunity for advertisers to reach their audiences across highly viewable inventory with interactive video ad formats. As one of the first entrants to the digital video marketplace, YuMe has unique advantages in the marketplace, with more than ten years of global video experience.
“As a publisher, we’re excited about this new and engaging way to monetize our editorial assets,” said Larry Weitzman, CineSport’s Chief Content Officer and Chief of Operations. “By offering our advertising partners a channel that places their messages at key points of maximum attention, YuMe is creating value for everyone in the ecosystem, publisher, advertiser and consumer alike.”
Benefits of YuMe’s new Outstream product offering for brand advertisers and publishers include:
· Enhanced Viewability: New Outstream ad formats only play when visible, either embedded within editorial content or at another natural point of peak user-engagement.
· Buying Flexibility: Available programmatically or on a direct basis.
“YuMe has driven some of the most innovative advertising solutions in video,” said Jayant Kadambi, Yume’s Co-founder and CEO. “Given the increased demand from both publishers and advertisers for brand safe ads that are 100% viewable, delivered at a point of heightened attention, that can be delivered across platforms at scale, we are confident that Outstream will be the next chapter of that innovation. We have always believed in evolving our offerings to build global audiences at scale.”
Advertisers and publishers can look to YuMe as a single source of interactive video for both in-stream and Outstream formats. This comprehensive set of offerings differentiates the company from others that largely focus on one type of video offering. YuMe is uniquely positioned in its offering of customized solutions developed by its in-house creative studio for both in-stream and Outstream video ad units, a capability that allows them to tailor the units to the specific needs of both the advertiser and publisher.
The launch of Outstream comes during a period of rapid product innovation and global expansion for YuMe, following June’s launch of the company’s full stack programmatic offering and its move into the Chinese advertising market, the world’s second largest digital video marketplace, earlier this Summer.
YuMe, Inc. (NYSE: YUME) is a leading provider of global audience technologies, curating relationships between brand advertisers and consumers of premium video content across a growing range of connected devices. Combining data-driven technologies with deep insight into audience behavior, YuMe offers brand advertisers end-to-end marketing software that establishes greater brand resonance with engaged consumers. It is the evolution of brand advertising for an ever-expanding video ecosystem. YuMe is headquartered in Redwood City, CA with European headquarters in London and 17 additional offices worldwide. For more information, visit YuMe.com/pr, follow @YuMeVideo and like YuMe on Facebook.
Forward Looking Statement
This press release contains forward-looking statements, including those in management quotations. In some cases, you can identify forward-looking statements by the words "may," "will," "expect," "intend," "plan," "objective," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue" and "ongoing," or the negative of these terms, or other comparable terminology intended to identify statements about the future. All statements other than statements of historical fact are statements that could be forward-looking statements, including, but not limited to, statements about our product offerings, strategic partnerships, and viewability and the benefits derived therefrom, growth strategies; operating results; market trends; and quotations from management. These forward-looking statements are subject to risks and uncertainties, assumptions and other factors that could cause actual results and the timing of events to differ materially from future results that are expressed or implied in the forward-looking statements. Factors that could cause or contribute to such differences include YuMe's history of net losses and limited operating history, which make it difficult to evaluate prospects, YuMe's fluctuating quarterly results of operations, and dependence on a limited number of customers in a highly competitive industry. These and other risk factors are discussed under "Risk Factors" in YuMe's Quarterly Report on Form 10-Q for the quarter ended June 30, 2015 that has been filed with the U.S. Securities and Exchange Commission (the "SEC"), and in our future filings and reports with the SEC. The forward-looking statements in this press release are based on information available to YuMe as of the date hereof, and we assume no obligation to update any forward-looking statements.