At a glance
- Company
- HKT Limited
- Announcement
- Product
- Location
- Hong Kong
Key figures
- Linear channels covered
- more than 40
- Viewer attentiveness increase cited
- 35%
- Ad engagement increase cited
- over 20%
- Channel switching reduction cited
- close to 50%
- Surveyed media buyers whose organisations focus on targeting effectiveness
- Over half
People
- Bruce LamCEO, Consumer, HKT
- Derek ChoiManaging Director, Consumer Marketing & Pay TV, HKT
Products and programs
HONG KONG, February 14, 2024 -- Now TV has launched Hong Kong’s first addressable TV advertising service, applying the latest technology to enable more precise campaign targeting for enterprises.
Leveraging the Group’s large customer base, Now TV is able to categorise its users based on first-hand data such as programme preferences, interests, habits, and other authentic information. This allows Now TV to provide a more personalised television viewing experience tailored to different user segments.
The first in Hong Kong, this advertising deployment technology seamlessly integrates personalised commercials across more than 40 linear channels on Now TV spanning news, finance, sports, movies, drama and entertainment. Advertisers have the flexibility to push different ads to specific customer segments based on the target of their advertising campaigns, heightening customer engagement and attention. Among Now TV’s first addressable TV advertising clients are international luxury and automotive brands.
Bruce Lam, CEO, Consumer, HKT, said, "We are thrilled to introduce Hong Kong's first addressable TV advertising service, revolutionising Hong Kong’s TV commercial landscape. This innovative technology empowers us to precisely target campaigns for enterprises, leveraging our extensive customer base and first-hand data. The initial results of the launch have been satisfactory, and we look forward to further expanding our advertising capabilities to drive even greater revenue growth."
Derek Choi, Managing Director, Consumer Marketing & Pay TV, HKT, said, “Committed to introducing state-of-the-art services to the market, our new offerings combine the strengths of traditional TV big screen commercials and digital marketing, providing advertisers with the flexibility to deliver targeted commercials to specific customer segments to enhance customer engagement, and, in turn, increase their advertising cost efficiency.”
Similar services have been launched in different regions around the world with remarkable success. A study 1 has shown that addressable TV advertising helps raise viewer attentiveness by 35% and ad engagement by over 20% while reducing channel switching by close to 50%. Over half of surveyed media buyers2 said that their organisations are focused on improving the effectiveness of their TV campaign targeting through addressable TV advertising, in response to the ever-evolving media ecosystem and consumer behaviour.
About HKT
HKT is a technology, media, and telecommunication leader with more than 150 years of history in Hong Kong. As the city’s true 5G provider, HKT connects businesses and people locally and globally. Our end-to-end enterprise solutions make us a market-leading digital transformation partner of choice for businesses, whereas our comprehensive connectivity and smart living offerings enrich people’s lives and cater for their diverse needs for work, entertainment, education, well-being, and even a sustainable low-carbon lifestyle. Together with our digital ventures which support digital economy development and help connect Hong Kong to the world as an international financial centre, HKT endeavours to contribute to smart city development and help our community tech forward.
For more information, please visit www.hkt.com.
LinkedIn: linkedin.com/company/hkt
For media enquiries, please contact:
HKT
Group Communications
Nicole Lo
Tel: +852 2883 2742
Email: [email protected]
Issued by HKT Limited.
HKT Limited is a company incorporated in the Cayman Islands with limited liability
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In brief
Now TV, issued by HKT Limited, has introduced an addressable television advertising service in Hong Kong. The company says the system uses first-party information, including viewing preferences and interests, to group users and deliver different commercials to selected audiences. Ads can run across more than 40 Now TV linear channels covering areas such as news, sports, films and entertainment. The company identified international luxury and automotive brands among the service’s first clients. HKT executives said the offering combines traditional television advertising with digital targeting and that initial launch results were satisfactory. HKT also cited research indicating that addressable TV advertising can improve viewer attention and ad engagement while reducing channel switching; the release does not identify the study.
Key takeaways
- Now TV has launched an addressable TV advertising service in Hong Kong.
- The service uses customer information to direct different ads to selected audience groups.
- Commercials can be placed across more than 40 Now TV linear channels.
- The company says international luxury and automotive brands are among its initial clients.
Earlier from HKT
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- Now TV introduces new streaming service option for simultaneous multi-device viewing without set-top box
- HKT revolutionises healthcare with Hong Kong’s first 5G private network for Kwong Wah Hospital
- HKT drives global expansion of over 30 companies to 107 ASEAN touchpoints
- Now TV Signs Broadcast Agreement to Air NBA Games in Hong Kong for Three Seasons