Data Management

Maven Supports Unified ID 2.0 Initiative to Optimize First-party Data

Maven (OTC: MVEN), a modern media company operating and powering premium media brands such as Sports Illustrated and TheStreet, today announced its support of Unified ID 2.0, a collaborative and soon-to-be open-source framework for cookieless media to benefit their portfolio of digital publishers. At the forefront of finding solutions, Maven will prioritize the use of Unified ID 2.0 to preserve the free flow of content in exchange for relevant advertising.

Unified ID 2.0 empowers publishers to pseudonymize their first-party data and allows advertisers to optimize their first-party customer data and measure their media investments without third-party cookies.

Initially developed by The Trade Desk, Unified ID 2.0 provides an upgrade to third-party cookies that use identifiers tied to encrypted, salted, and hashed email addresses. Unified ID 2.0 has been submitted to IAB’s Tech Lab to allow the digital framework to be open-sourced and has gained rapid adoption across the advertising ecosystem, among publishers, media buyers and technology providers.

“As our industry continues to digitize and our business sees significant reach from digital channels, Unified ID 2.0 is an advancement and improvement upon current industry standards,” said Michelle Smith, Maven VP of Product Management for Ad Technology and Monetization. “Together with our advertising partners, we are able to continue to create premium content and stories that our audience loves, while not inundating that audience with too many ads. We look forward to continuing our stellar relationship with both our readers and advertisers.”

“We welcome Maven to the stable of industry leaders who support the Unified ID 2.0 initiative as they join our quest for a vibrant open internet,” said JoAnna Foyle, SVP of Inventory Partnerships, The Trade Desk. “It will take all of us to come together to create an improved, more effective internet across devices and platforms, and we’re excited to see Unified ID 2.0 continue to scale.”

For more such updates and perspectives around Digital Innovation, IoT, Data Infrastructure, AI & Cybsercurity, go to AI-Techpark.com.

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