From last week– TV manufacturers are building in the capability for marketers to track what’s being watched.
Coming Web-connected units from LG Electronics Inc. (066570) and other manufacturers contain digital sleuthing technology that tracks live and recorded programs as they’re shown on-screen. Sets being demonstrated by Seoul-based LG in Berlin this week at IFA, Europe’s largest consumer electronics show, will use software from San Francisco-based Cognitive Networks Inc.
Major players including Samsung Electronics Co. (005930) and Vizio Inc. are discussing using such software in their sets, Cognitive Chief Executive Officer Michael Collette said in an interview. Manufacturers are trying to carve a slice of a worldwide TV advertising market forecast to total $196.5 billion this year by researcher Magna Global. Any ad revenue could help TV makers improve profit margins, which have suffered amid slowing demand and price competition.