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Stock impact report

Charter's Spectrum Reach Says Its Partnership With AI Tech Startup Waymark Generated $27 Million in Local Ad Revenue in 1 Year [Yahoo! Finance]

Beasley Broadcast Group, Inc. - Class A (BBGI) 
US:NASDAQ Investor Relations: bbgi.com/investors-2
Company Research Source: Yahoo! Finance
Also read: Spectrum Reach and Waymark Using AI To Quickly Produce Commercials The cable giant's local advertising unit said that the tally came from almost 7,000 TV commercials created by Waymark tech for Spectrum Reach clients. “Since we launched our partnership with Waymark in early 2023, we've seen an incredible impact, with nearly 7,000 commercial projects in 2023 alone and over $27 million in ad campaigns powered by Waymark's AI-generated video creative," said Michael Guth, senior VP of ad sales marketing for Spectrum Reach. "Spectrum Reach brings a deep understanding of the advertising landscape and a commitment to innovation," Guth added. "When combined with Waymark's cutting-edge technology, it enables us to offer a solution that is fast, cost-effective and compelling." Also Read: Waymark Reaches 90% of U.S. DMAs, Prepares to Expand Into Spanish-Language Media (NAB Show 2024) Detroit-based Waymark's AI tools provide turnkey solutions for small companies to easily pr Show less Read more
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