Reach
Reach is the audience a placement was seen by. For online editorial, the publication's audience for that page or section. For print, circulation. For broadcast, viewership.
Reach is where the calculation begins: how many people could have seen the work. Everything that follows says what it was worth.
CPM
CPM is cost per mille: what a thousand impressions cost if you had bought them. It is the bridge between an audience number and a money number.
CPM varies by channel and by market. A thousand readers of Italian print and a thousand viewers of a story are worth different things, and in Hilum the rate for each is set per brand.
EMV
EMV is Earned Media Value: what a placement was worth, in euros, without having been paid for. It is the industry term.
Hilum's EMV begins with reach and a rate per thousand, then applies a stack of editorial multipliers — how prominently the brand appeared, whether it carried a cover, how it was credited, the sentiment of the piece, and the outlet's tier and market.
Every placement stores the exact factors it was valued with, and the version of the formula they came from, so a number recorded two seasons ago stays readable under the formula that produced it. Open any placement and the arithmetic is on screen.
Coverage entered by hand is valued more simply — reach against the rate per thousand, with no editorial multipliers — because nobody has read the piece to score it.
EMV = reach × (CPM ÷ 1,000) × the editorial multipliers for that placement
MIV®
MIV® is Media Impact Value, Launchmetrics' metric for the same question, and the one most often cited in fashion. It is proprietary.
MIV or EMV: what's the difference?
Both answer the same question: what was that placement worth?
- MIV®
- Launchmetrics' metric, and the one this industry cites most. It is proprietary.
- EMV
- The broader industry term, used across sectors, and it belongs to no one.
What matters day to day is not the label but whether the formula is open to you. Hilum's is: every input on screen, every factor stored alongside the placement it scored. It is a number you can walk through line by line, whether with a founder planning next season or a client seeing what the work earned.
Prominence
Prominence is whether the brand carried the story or appeared in it: a lead credit, a supporting mention, a passing reference.
It is the single largest swing factor in what a placement is worth, and the one that rewards the closest reading.
Credit and voice
Credit is how the brand appears: worn, carried, named, styled. Voice is who said it: the publication itself, or a person the publication quoted.
A gown described by a critic and a gown named in a caption are not the same placement.
Sentiment
Sentiment is whether the coverage was positive, neutral or negative. Separately, whether it was commercially positive.
A review can admire a collection and doubt it sells. Both are true and both matter.
Source tier
Source tier is where a title sits in the hierarchy this industry observes. Standing, not traffic.
Hilum Editorial Score
The Hilum Editorial Score is a 0–100 percentile rank of a placement against your own brand's last ninety days.
It answers a different question from EMV: not what was this worth, but was this good for us. A €40,000 placement is a triumph for one brand and a Tuesday for another. The score reads it against your own record, not an industry average.
Attribution rate
Attribution rate is the share of your coverage that traces back to a specific sample you lent.
It is the clearest sign a sample programme is working: every point of it is coverage you can trace to a decision you made.