iHeartRadio Partners with AdsWizz

Clear Channel’s iHeartRadio Partners with AdsWizz to Monetize its Digital Audience

Clear Channel Media and Entertainment Enhances Its Streaming Advertising Offering Using Cutting Edge Adswizz’ Technology
 
NEW YORK – July 22, 2014 – AdsWizz, an advertising technology provider for the digital radio and audio industries and iHeartRadio, Clear Channel Media and Entertainment’s all-in-one digital music and live radio streaming service, today announced a partnership to develop a powerful new delivery insertion method for targeted ads in live broadcast radio streams with unique new capabilities.

Clear Channel will build its unique and integrated digital advertising capabilities by using AdsWizz’ audio ad insertion and ad-serving suite of solutions. AdsWizz ad serving technology will enable Clear Channel to deliver a tailored advertising experience based on individual listeners’ specific characteristics including user profiles and preferences, location and devices used for more than 840 Clear Channel radio stations across the country that stream live on its iHeartRadio all-in-one digital service. The new product offering will be developed with HTTP Live Streaming which will allow greater reach and a more reliable live stream ad delivery system.

In addition, by working with Clear Channel, AdsWizz will now be able to utilize the unmatched audience reach, segments and in-depth insights of Clear Channel’s more than 245 million monthly listeners to more accurately serve up ads to target consumers based on their demographics, psychographics, geo-location and custom, data-defined segments.

“After a thorough selection process, we’ve been truly impressed by AdsWizz’ unique set of technical capabilities and believe that AdsWizz’ delivery network offers the best state-of-the-art technology to expand our offerings for advertisers, partners and consumers and align with our long-term vision to deliver unmatched services for our advertising partners,” said Brian Lakamp, President of Technology and Digital Ventures for Clear Channel. “Having the ability to serve targeted ads simultaneously to specific digital users during a live radio stream across our 840 Clear Channel stations nationwide on iHeartRadio presents a powerful platform for our advertisers and partners.”

AdsWizz leads the market place in:

Targeting – utilizing the latest technology to serve custom ads based on age, gender, psychographics, device platform and more.
Server-side technology – enabling precise ad targeting across a vast array of multi-platform systems including connected cars, in-home entertainment devices and anywhere audio is streamed by consumers.
Flexibility – developed from inception to be Content Delivery Network (CDN) agnostic allowing clients to have the freedom of choice for their preferred CDN.
Metrics – providing detailed real-time and historical analytics about the audience of each stream.

“We’re very excited to partner with a media powerhouse such as Clear Channel that truly understands the power of digital and wants to leverage it to deliver the best experience for both the end-user and the marketers,” said Alexis van de Wyer, AdsWizz CEO. “We continue to be impressed by Clear Channel’s vision, unique assets and focus on quality.”

About AdsWizz
AdsWizz is a leading global technology provider of advertising solutions for the digital radio and audio industries. Its server-side solutions and global audio ad exchange offer advertisers unique targeting capabilities and provide audio publishers powerful new ways to monetize their listenership. This has led AdsWizz to quickly become a go-to resource for many of the world’s most prominent ad networks, agencies, and digital audio publishers.

About iHeartMedia, Inc.

iHeartMedia (NASDAQ: IHRT) is the number one audio company in the United States, reaching nine out of 10 Americans every month. It consists of three business groups.

With its quarter of a billion monthly listeners, the iHeartMedia Multiplatform Group has a greater reach than any other media company in the U.S. Its leadership position in audio extends across multiple platforms, including more than 860 live broadcast stations in over 160 markets nationwide; its National Sales organization; and the company’s live and virtual events business. It also includes Premiere Networks, the industry’s largest Networks business, with its Total Traffic and Weather Network (TTWN); and BIN: Black Information Network, the first and only 24/7 national and local all news audio service for the Black community. iHeartMedia also leads the audio industry in analytics, targeting and attribution for its marketing partners with its SmartAudio suite of data targeting and attribution products using data from its massive consumer base.

The iHeartMedia Digital Audio Group includes the company’s fast-growing podcasting business -- iHeartMedia is the number one podcast publisher in downloads, unique listeners, revenue and earnings -- as well as its industry-leading iHeartRadio digital service, available across more than 500 platforms and 2,000 devices; the company’s digital sites, newsletters, digital services and programs; its digital advertising technology companies; and its audio industry-leading social media footprint.

The company’s Audio & Media Services reportable segment includes Katz Media Group, the nation’s largest media representation company, and RCS, the world's leading provider of broadcast and webcast software.

Visit iHeartMedia.com for more company information.