OpenAI turns on cost-per-action ads inside ChatGPT

OpenAI has switched on cost-per-action ads inside its ads manager, Digiday has learned. 

The feature, which is currently available to select advertisers only, lets them pay for ads in ChatGPT only when a user takes a specific action, whether that’s clicking through to a site, signing up or making a purchase. Until now, advertisers have had to pay for every thousand impressions or click regardless of what happens next. 

The move was teased three weeks ago by OpenAI’s head of monetization Asad Awan, who said during a press briefing that bidding on outcomes and conversions was “in the plan”, and “should be done soon”. That confirmed Digiday’s reporting, which cited labelling in the OpenAI ad manager that suggested the feature was in development.

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Vox Media CRO Geoff Schiller joins Screenvision as CEO

Geoff Schiller, former CRO at Vox Media, is set to become CEO of cinema ad network Screenvision.

The move marks Schiller’s first departure from the digital publishing industry in 25 years. Vox Media sold half the company — including the Vox Media podcast network and New York Magazine — to James Murdoch for a reported $300 million last week. 

Schiller told Digiday the move wasn’t because he’s soured on digital publishing, but because he was drawn to leading Screenvision at an interesting time for the theater industry, as well as his personal passion for film, calling himself a “lifelong cinephile.” He will start the role on June 8.

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