ITV and Virgin Media O2 announce long term commercial partnership
ITV and Virgin Media O2 have signed a new long term multi-year agreement that delivers deeper integration of ITV programming, support for IPTV, enhanced advertising capabilities and continued access to ITV’s vast range of channels and on-demand services for Virgin TV customers.
The new agreement, which lasts over five years and signals a new commercial relationship between the two companies, includes full integration of the ITV Hub platform onto Virgin TV set-top boxes.
This enables viewers to seamlessly search for and watch all of ITV’s ever-growing selection of available programmes, including more full series than ever, on-demand directly from within the ITV Hub - which currently has 34.8 million registered users. A range of new features including programme start over and cloud recording will also be introduced for some Virgin TV customers in future.
This full integration of the ITV Hub platform also brings increased benefits to advertisers through Planet V, ITV’s innovative programmatic addressable advertising platform. Planet V allows both advertisers and agencies control over the planning, purchasing and reporting of their campaigns on ITV Hub, building audiences with first party data and augmenting those audiences with advertisers’ own data.
Looking ahead, ITV’s live channels and the ITV Hub will also be available through Virgin TV’s upcoming IPTV service when it fully launches in early 2022 – the service will offer a seamless app and streaming-based experience powered by the company’s leading ultrafast and gigabit connectivity. Building further upon the benefits to advertisers under this agreement, ITV will also be able to offer linear addressable advertising via IP delivery through the Planet V platform.
ITV’s wide range of much-loved programmes and content across various genres will receive enhanced prominence across all Virgin TV interfaces, and bespoke curations of content will be made available within the catch-up sections of the provider’s platform. This will help viewers easily discover, access and watch the latest and greatest ITV shows all in one place.
Carolyn McCall, CEO, ITV: “This extended and enhanced commercial agreement brings benefits to both ITV’s viewers and advertisers and the work that Virgin Media O2 is doing to develop its IP proposition advantages both those groups.
As Planet V continues to grow at scale, we’re able to deliver addressable advertising via the fully integrated ITV Hub on the great platform that Virgin Media O2 continues to evolve via both on-demand and linear viewing. Plus our viewers are able to access ITV’s fantastic range of programming more easily than ever before with an enhanced viewing experience.”
Lutz Schüler, CEO of Virgin Media O2, said: “We have been a longstanding partner of ITV for many years and this new agreement further cements our relationship. It paves the way for future product innovation and delivers more for our customers and our business, as well as enhancing the toolkit available to advertisers.
Our focus in TV is all about providing incredible entertainment to our customers in a seamless way underpinned by the very best connectivity. As we continue to invest and innovate, having ITV’s vast selection of must-watch programming fully integrated and easily accessible plays a huge part in giving our customers a fantastic experience both now and in the future.”