Major media buyer GroupM has signed on to ad tech firm TripleLift's “Underrepresented Voices” initiative, becoming the first company of its kind to take part in the effort designed to increase programmatic ad spend with minority publishers.
Styled as an exchange traded deal (ETD)—a package of programmatic ad buys launched by TripleLift last year—“Underrepresented Voices” includes impressions running on more than 6,000 minority-owned and targeted websites, encompassing Black, Latinx, AAPI and LGBTQ+ communities.
The moves come as the WPP-owned GroupM pledged last month to increase its investments in Black-owned media over the next year. As part of the companies’ partnership, TripleLift will be waiving all fees associated with the programmatic buy to ensure that as many ad dollars as possible get into the hands of publishers.
“A key part of our mission is to be supportive of our publisher partners,” says TripleLift’s chief marketing officer Jordan Bitterman. "When they thrive, we thrive along with them."
Its “Underrepresented Voices” commitment is in support of its own in-house diversity, equity and inclusion initiatives, he continues, which themselves are “often sparked” by TripleLift’s employee resource groups. “So, this is a great way to support the ambitions of our publishers, our employees and GroupM, all at once,” Bitterman says.