NEW YORK, Feb. 25, 2021 /PRNewswire/ — MediaMath, acclaimed independent advertising technology company for leading brands and agencies, today announced the expansion of its Purpose-Driven Advertising initiative via its Multicultural Marketplace. The Marketplace is designed to activate advertising spends on nearly 1,000 multicultural publishers that are either owned by or focused on building content for People of Color. The Marketplace has enabled brands and publishers such as Penguin Random House to champion diversity and align their marketing with their values.
“We have to ensure that the advertising we place reflects our values,” said Dawn Valandra, Director of Ecosystems Solutions at MediaMath. “We value these voices and these stories. We want high-quality content coming out of minority communities to thrive on the advertising-supported open internet. That isn’t going to happen by accident or without intent.”
Penguin Random House has joined MediaMath in its mission to empower brands to