00:14:58 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Sabio Holdings Inc
Symbol SBIO
Shares Issued 50,070,578
Close 2024-02-29 C$ 0.38
Market Cap C$ 19,026,820
Recent Sedar Documents

Sabio, McDonald's to use CTV to reach diverse audience

2024-02-29 11:41 ET - News Release

Mr. Aziz Rahimtoola reports

SABIO AND MCDONALD'S USA ANNOUNCE STRATEGIC COLLABORATION TO REACH CULTURALLY DIVERSE AUDIENCES ACROSS THE CTV LANDSCAPE

Sabio Holdings Inc. has entered into an engagement with McDonald's USA, through a partnership with Publicis Groupe. The relationship strengthens McDonald's commitment to diverse communities, and specifically with diverse-owned media partners, by leveraging Sabio's unique non-cookie-based data sets and solutions so the brand can effectively connect with and reach the growing United States multicultural audience.

McDonald's continuing mission is to foster an inclusive environment, where diversity is embraced. A key audience, Generation Z is the most ethnically diverse generation to date. U.S. census data suggest that as of 2019, 49.1 per cent of Generation Z is diverse and growing, with 13.8 per cent Black, 25 per cent Hispanic and 5.3 per cent Asian. Twenty-nine per cent of Gen Z are children of immigrants or immigrants themselves, compared with 23 per cent of Millennials when they were at the same age.

"Sabio and McDonald's share a common mission to more effectively connect and engage with diverse consumers through a deeper understanding of the communities they represent," said Aziz Rahimtoola, founder and chief executive officer of Sabio. "As a diverse owned technology and analytics company, we are excited to collaborate with an innovative brand like McDonald's to help achieve their objectives."

McDonald's will have access to Sabio's CTV (connected TV)/OTT (over-the-top) inventory and customized audience segments at advantageous rates. The company can also utilize App Science's (a wholly owned division of Sabio) proprietary 55 MM HH graph data, which provides insights and access to quarterly trends reports, first looks at published vertical and multicultural reports, and exclusive analyses customized toward McDonald's campaigns and properties.

As CTV continues to grow and attract attention from advertisers and brands, the biggest gap lies within the diverse audience data sets. Fragmentation from evolving platforms and growing audiences, and legacy audience measurements that are not representative of diversity, have increasingly made it difficult for the industry to connect brands and the right audiences. Sabio's comprehensive set of solutions tailored to CTV environments allow advertisers to move beyond traditional age and gender demographics, to a far deeper understanding of the evolving consumers' preferences in app affinities and content they are watching at the household level.

"McDonald's remains committed to reaching multicultural audiences in authentic ways, and engaging with diverse-owned companies like Sabio ensures we're able to do that most effectively," said Caleb Pearson, vice-president of customer engagement and media, McDonald's USA. "Our shared mission, values and commitment is at the crux of the collaboration with Sabio. Sabio's CTV/OTT inventory sources and the App Science household graph will make it easier to efficiently activate at scale, while connecting with McDonald's audiences more granularly."

About Sabio Holdings Inc.

Sabio Holdings is a leading diverse-owned CTV and OTT technology and service provider specializing in the high-growth ad-supported video-on-demand (AVOD) and free ad-supported streaming (FAST) channel market. Its cloud-based technologies empower brands and agencies to effectively reach, engage and better understand diverse audiences on streaming platforms. The Sabio Holdings portfolio comprises: Sabio -- its trusted and transparent content monetization demand-side platform (DSP); App Science -- its cutting-edge, non-panel-based, real-time measurement and attribution software-as-a-service platform; and Vidillion -- its cloud-based ad-insertion, and content distribution and management platform.

© 2024 Canjex Publishing Ltd. All rights reserved.