STOCK TITAN

Comscore Announces Renewal Agreement with Ellis Communications for Local Television Measurement

(Neutral)
(Very Positive)
Tags

Rhea-AI Summary

Comscore (Nasdaq: SCOR) announced a renewal agreement with Ellis Communications' KDOC-TV in Los Angeles on February 10, 2021. This agreement allows KDOC-TV to continue using Comscore’s local TV measurement services, which cover millions of households. KDOC-TV's President highlighted the importance of reliable measurement for understanding viewership and collaborating with advertisers. Comscore, with over a decade of experience, noted that this partnership underscores the value of its data in making informed programming and sales decisions.

Loading...
Loading translation...

Positive

  • Renewal of agreement with KDOC-TV enhances Comscore's presence in the Los Angeles market.
  • Stability in local TV measurement services strengthens relationships with advertisers.
  • KDOC-TV's commitment reflects confidence in Comscore’s measurement capabilities.

Negative

  • None.

News Market Reaction – SCOR

-4.18%
-4.18% Session move

In the trading session that priced this news, SCOR declined 4.18%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

RESTON, Va., Feb. 10, 2021 /PRNewswire/ -- Comscore (Nasdaq: SCOR), a trusted partner for planning, transacting and evaluating media across platforms, today announced a renewal agreement with Ellis Communications' KDOC-TV in Los Angeles. Under the terms of the agreement, Ellis will continue to utilize Comscore's industry-leading local TV measurement currency and its advanced audiences.

"Having stable and reliable measurement is crucial for KDOC-TV. Comscore's measurement of the Los Angeles market via millions of households provides KDOC-TV with the precise, representative and dependable measurement that we need to understand our viewers and to work with our agency and advertiser partners," said Jack Peck, President and GM, KDOC-TV.

"KDOC-TV's sustained commitment to Comscore's local market measurement in Los Angeles is a testament to the value of our information for driving programming and sales decisions," said Steve Walsh, Executive Vice President, Comscore. "We are excited to continue our partnership with Ellis Communications and KDOC-TV."

With more than a decade of experience measuring television viewership from return path devices across tens of millions of households in all local markets, Comscore is a trusted source for television viewing data. Comscore is also a leader in instrumenting change in television measurement by enabling the adoption of advanced audiences and the move to impressions, which allow the industry to go beyond age and gender to evaluate based on consumer behaviors, interests and lifestyles. This enables TV stations, networks, advertisers, agencies and media companies at both the local and national levels to effectively find and reach their ideal audiences to maximize their revenues.

About Comscore
Comscore (NASDAQ: SCOR) is a trusted partner for planning, transacting and evaluating media across platforms. With a data footprint that combines digital, linear TV, over-the-top and theatrical viewership intelligence with advanced audience insights, Comscore allows media buyers and sellers to quantify their multiscreen behavior and make business decisions with confidence. A proven leader in measuring digital and TV audiences and advertising at scale, Comscore is the industry's emerging, third-party source for reliable and comprehensive cross-platform measurement. To learn more, visit www.comscore.com.

New comScore logo (PRNewsFoto/comScore, Inc.)

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/comscore-announces-renewal-agreement-with-ellis-communications-for-local-television-measurement-301225590.html

SOURCE Comscore

FAQ

When was the Comscore agreement with KDOC-TV announced?

The renewal agreement was announced on February 10, 2021.

How does Comscore's measurement benefit KDOC-TV?

Comscore's measurement provides KDOC-TV with reliable data to understand viewer behavior and work effectively with advertisers.

What does the renewal of KDOC-TV's agreement signify for Comscore?

The renewal signifies strong confidence in Comscore's local market measurement capabilities and its importance to the media industry.