Hearst Television revenue leadership expands with Joe Fortunato promotion
Hearst Television has promoted Joe Fortunato to the newly created role of Vice President of Revenue to oversee multiplatform advertising strategies. Fortunato will lead revenue growth initiatives across broadcast, streaming, and CTV, with a specific focus on addressable advertising and AI-powered sales transformation.
Key Takeaways
- Joe Fortunato will lead revenue initiatives for Hearst Anyscreen and the company's national OTT team.
- The new role prioritizes addressable advertising and AI-powered sales transformation across the Hearst portfolio.
- Fortunato previously served as Director of National Sales after joining the company in 2023 as OTT National Sales Manager.
- Michael J. Hayes cited Fortunato's ability to bridge linear and digital platforms as a key driver for the promotion.
Why It Matters
The creation of this role signals Hearst Television's intent to unify its fragmented advertising inventory across linear and digital platforms. By placing a streaming-native executive in charge of total revenue, the company is prioritizing the convergence of traditional broadcast with CTV and programmatic sales. This move reflects a broader industry shift where local broadcasters must modernize their sales stacks to compete with digital-first platforms for national ad spend. The focus on addressable advertising suggests Hearst is moving toward more granular targeting capabilities to improve yield. Watch for how Fortunato integrates AI-powered sales tools to automate cross-platform transactions and whether this structure accelerates the growth of Hearst Anyscreen.
Additional Context
Hearst Television has been building out its addressable advertising infrastructure through technology partnerships that predate Fortunato's promotion. Viamedia.ai announced a partnership with Hearst Television to enable household-level addressability for broadcast television using dynamic ad insertion, following a multi-month market test involving Hearst station WLWT-TV and MediaKind's advertising SaaS platform. The deployment allows advertisers to target specific households within Hearst's linear broadcast streams, with the company estimating a potential 25% increase in monetizable impressions. Viamedia's Parrot Ad Decisioning System manages and monetizes advertising across linear, CTV, and programmatic environments, giving Hearst a unified ad delivery layer that aligns with the cross-platform revenue mandate Fortunato now oversees.
On the standards and measurement side, the broader industry is converging on outcome-based frameworks that will shape how Hearst Television sells its inventory. Nine major TV publishers including NBC Universal, Fox, and Warner Bros Discovery partnered with OpenAP to create standardized ad exposure measurement across linear and streaming, introducing a Unified Conversion API that connects first-party outcome data with exposure data from participating publishers. OpenAP also plans to support agentic workflow interactions that allow buy-side tools to automate video investment using attribution signals. For local broadcasters like Hearst Television, these standards reduce the friction of selling against national digital platforms and provide the measurement credibility that national advertisers demand.
The local TV measurement ecosystem is also modernizing in ways that directly affect Hearst Television's ability to demonstrate campaign performance. Locality and Nielsen announced in April 2026 the integration of Nielsen's Media Data Engine into Locality's broadcast advertising infrastructure, reducing demographic audience delivery from weeks to four days across all 210 US local markets. Locality became the first broadcast sales organization to implement the MDE offering at scale, enabling faster in-flight optimization and laying groundwork for predictive analytics and AI-driven modeling in linear television. Meanwhile, AdExchanger reported that 2026 is the year CTV bridges upper-funnel and lower-funnel objectives, a trend that increases pressure on broadcast groups like Hearst Television to offer comparable full-funnel attribution across their own streaming and CTV properties, including Hearst Anyscreen.
Read full article at thedesk.net
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