VALUE-BASED TV ADVERTISING AUDIENCE EXCHANGE
First Claim
1. A system for an electronic exchange of media inventory data between an inventory owner, and an audience buyer, the system comprising:
- a processor; and
a non-transitory, computer-readable storage medium in operable communication with the processor, wherein the computer-readable storage medium contains one or more programming instructions that, when executed, cause the processor to;
receive a link to an inventory application programming interface, the inventory application programming interface linking the system to inventory data from an inventory owner, the media inventory data comprising a plurality of units;
receive a campaign request from an audience buyer, the campaign request comprising a request for at least one media unit;
compare the campaign request with the media inventory data for a match;
upon finding the match between the campaign request and media inventory data, automatically generate and store a proposal;
transmit the proposal to the audience buyer;
receive a response to the proposal from the audience buyer;
upon receiving a confirmation response from the audience buyer, execute the campaign request and distribute the proposal to the inventory owners, wherein the inventory owners transmit the at least one media unit to a media insertion unit.
3 Assignments
0 Petitions
Accused Products
Abstract
Systems, methods and computer-readable media for a decentralized application system that enables participating parties to automate the buying and selling of TV media units and/or aggregated TV and premium video audiences is described. The value-based TV/premium video media exchange application system allows the participants to interact with the system directly and/or automate transactions and execution between systems, while ensuring proper governance over each participants own rules and economics associated with the transactions, as well as individual campaign constraints and requirements. The decentralized application system significantly lowers current transaction and execution barriers, timing and costs, while providing a highly accountable and trusted system across all of the exchange participants.
19 Citations
20 Claims
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1. A system for an electronic exchange of media inventory data between an inventory owner, and an audience buyer, the system comprising:
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a processor; and a non-transitory, computer-readable storage medium in operable communication with the processor, wherein the computer-readable storage medium contains one or more programming instructions that, when executed, cause the processor to; receive a link to an inventory application programming interface, the inventory application programming interface linking the system to inventory data from an inventory owner, the media inventory data comprising a plurality of units; receive a campaign request from an audience buyer, the campaign request comprising a request for at least one media unit; compare the campaign request with the media inventory data for a match; upon finding the match between the campaign request and media inventory data, automatically generate and store a proposal; transmit the proposal to the audience buyer; receive a response to the proposal from the audience buyer; upon receiving a confirmation response from the audience buyer, execute the campaign request and distribute the proposal to the inventory owners, wherein the inventory owners transmit the at least one media unit to a media insertion unit. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A method for electronically exchanging media inventory data between an inventory owner, and an audience buyer, the method comprising:
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receiving a link to an inventory application programming interface, the inventory application programming interface linking the system to inventory data from an inventory owner, the media inventory data comprising a plurality of units; receiving a campaign request from an audience buyer, the campaign request comprising a request for at least one media unit; comparing the campaign request with the media inventory data for a match; finding the match between the campaign request and media inventory data and automatically generate and store a proposal; transmitting the proposal to the audience buyer; receiving a response to the proposal from the audience buyer; upon receiving a confirmation response from the audience buyer, executing the campaign request and distributing the proposal to the inventory owners, wherein the inventory owners transmit the at least one media unit to a media insertion unit. - View Dependent Claims (11, 12, 13, 14, 15, 16, 17, 18)
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19. A computer-readable storage medium having computer-readable program code configured to optimize content allocation, the computer-readable program code comprising:
computer-readable program code configured to receive a link to an inventory application programming interface, the inventory application programming interface linking the system to inventory data from an inventory owner, the media inventory data comprising a plurality of units; computer-readable program code configured to receive a campaign request from an audience buyer, the campaign request comprising a request for at least one media unit; computer-readable program code configured to compare the campaign request with the media inventory data for a match; computer-readable program code configured to upon finding the match between the campaign request and media inventory data, automatically generate and store a proposal; computer-readable program code configured to transmit the proposal to the audience buyer; computer-readable program code configured to receive a response to the proposal from the audience buyer; computer-readable program code configured to upon receiving a confirmation response from the audience buyer, execute the campaign request and distribute the proposal to the inventory owners, wherein the inventory owners transmit the at least one media unit to a media insertion unit. - View Dependent Claims (20)
Specification