Beacons to be installed in 300 theaters and nearly 2,500 movie screens to provide proximity-based advertising and data for movie fan engagement campaigns
GARDEN CITY, N.Y., Jan. 28, 2016 (GLOBE NEWSWIRE) -- Mobiquity Networks, a wholly owned subsidiary of Mobiquity Technologies, Inc. (OTCQB:MOBQ), the largest network of retail mall-based mobile advertising beacons in the United States, announced today that it is collaborating with Screenvision to install beacons in 300 theater complexes to form a movie theater advertising and data network to engage consumers with brands. This deal marks one of the first wide-scale deployments of beacons inside movie theaters.
The growth of technology in modern society has presented a plentitude of opportunities for theater owners, movie studios and brands to augment the movie theater experience with interactive games, targeted pre/post-show ads, and other campaigns that can be delivered to mobile devices. The collaboration between Mobiquity Networks and Screenvision will bring beacons to both the lobby areas and individual theaters, and will also leverage Mobiquity Networks' existing beacon networks in 475+ premier US shopping malls. Mobiquity will provide the campaign management platform to administer activity across the network.
Mobiquity and Screenvision will work together to share data-driven business intelligence with advertisers and exhibitors.
The initial beacon installation will include 300 theater venues and nearly 2,500 screens. The movie theater-based beacon networks will work both independently and in conjunction with Mobiquity Networks' retail mall-based beacon network.
Screenvision is a leader in innovative cinema advertising, with a national network extending across approximately 2,300 theatres and 14,200 screens.
"Over the past few months, Mobiquity Networks has formed a number of strategic partnerships that have enabled us to accelerate the growth of our mobile engagement network, and we are thrilled to announce this expansion in the entertainment sector," said Sean Trepeta, President of Mobiquity Networks. "Screenvision's strong reputation and expansive footprint make them a perfect partner. This collaboration will usher in an entirely new channel for movie-theater advertisers to reach their biggest fans."
In addition to its advertising capabilities, the movie-theater based network can provide data on moviegoer profiles, including frequency of visits and use of apps within Mobiquity's publisher network. This data has the potential to provide attribution for moviegoing resulting from film campaigns delivered via apps. Theater owners can utilize the network to improve and expand the theater-visit experience, while movie studios and related brands will be able to utilize the network to deliver location-based mobile campaigns directly to moviegoers.
"We saw a great opportunity to leverage proximity-based technologies to further amplify the unrivaled impact of the 40 foot screen. Beacons will help extend that impact for brands and connect them to the consumer journey outside the theater," said John McCauley, Chief Strategic Development Officer, Screenvision. "Mobiquity Networks has built considerable scale with a growing app publisher network, and is known for its commitment to protecting the consumer experience. They are an industry leader and we're proud to collaborate with them as part of our market place solutions."
Mobiquity Networks powers the largest shopping mall‐based beacon advertising network in the U.S., with a reach of over 400 million monthly shopping visits. The company's beacon technology enables location and context-driven campaigns in the common areas of malls and provides advertisers with the opportunity to deliver targeted marketing messages to shoppers at precisely the right place and time - just as they are deciding which retailers to visit and what brands to buy.