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The CPM for video ads is based on how many times it appears on the network, not how many times it is actually played. Video ads are definitely live, so you may just need to adjust your CPM to be closer to what you'd expect to pay for an image ad on the same content sites.
We are doing USA, Canada, UK, and Australia geotargeting and $50 CPM with $50 a day budget.
Our ad should be showing but it's not...
Send me your account info via StickyMail and I can have a look to make sure everything is good to go behind the scenes.
If the ad being displayed is a CPM ad, then the publisher gets paid based on the CPM the advertiser is paying. The publisher won't get any additional revenue if the ad is clicked on as we don't charge the advertiser anything for those clicks.
I'll keep you updated