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»SpotX

Magnite Makes Major Executive Changes; CTO Tom Kershaw To Depart

Magnite is shaking up its leadership team following the late April approval of its $1.17 billion acquisition of SpotX. On Wednesday, Magnite announced that Tom Kershaw, the company’s chief technology officer (CTO) for the past four years, will leave Magnite to pursue an opportunity outside of ad tech. Kershaw will also step down as chair... Continue reading »
by Allison Schiff // May 26th, 2021 //
»
Programmatic, Meet CTV: Ad Tech’s Latest Gold Rush

Digital ad tech companies are making their play to control advertising on CTV. But it’s not easy to become a star of the big screen. Ad tech companies that make it big in CTV must earn their spot in a few ways. First, they must understand the supply constraints of CTV and find their niche.... Continue reading »
by Sarah Sluis // May 4th, 2021 //
»
Ad Tech Valuations Are Sky High – But Are They Justified?

Ad tech IPOs are back in fashion as online advertising continues to surge during the ongoing COVID-19 pandemic. In the first quarter of 2021 alone, there were seven ad tech transactions valued at more than $1 billion – double the number of unicorn-level deals that went down in the past few years combined. Public companies... Continue reading »
by Tony Rifilato // April 30th, 2021 //
»
As Data-Driven TV Takes Off, SpotX's New Tool Refines Audiences For Advertisers

The advent of data-driven TV means that media owners have richer data sets to help advertisers find their audiences.  But if media companies are going to make their data available, they need better tools to prevent data leakage, whether that be from their own valuable data sets or the personally identifiable information coming from their... Continue reading »
by Ryan Joe // April 16th, 2021 //
»
The 7 Things You Need To Know From Magnite’s Earnings

Magnite’s revenue grew 69% YoY to $82 million in Q4 2020. Not including its merger with Telaria, revenue grew 20% YoY. The company will nearly double in size once the acquisition of SpotX closes in Q2. In Q4 2020, SpotX had $71.6 million in revenue. Here are the seven highlights you need to know from... Continue reading »
by Sarah Sluis // February 25th, 2021 //
»
Facebook’s Aussie Bluff Pays Off; Ad Tech’s Crazy M&A Action, Explained

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. Platform check Australians started seeing links from news publishers on Facebook again after the platform gained some concessions from the Australian government over legislation that will require platforms to pay media organizations. During the dark period, social traffic from Facebook flatlined for many publishers,... Continue reading »
by AdExchanger // February 24th, 2021 //
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The Big Story: Changes In Exchanges

This week’s episode of The Big Story is brought to you by the letters M and A.  Because if you haven’t heard, Magnite bought SpotX for $1.17 billion, and then District M and Sharethrough merged to form a giant exchange. So what’s going on? The team takes a look at both acquisitions, and digs into... Continue reading »
by Ryan Joe // February 11th, 2021 //
»
Magnite CEO Michael Barrett
Why SpotX? Magnite CEO Michael Barrett On Its Billion-Dollar Acquisition

 When Rubicon Project and Telaria merged just over a year ago, it seemed like the display advertising-dominant company was making its TV play. But in the year since, Magnite’s stock price soared, going up 600% in a single year. Then, RTL Group put SpotX up for sale. So Magnite CEO Michael Barrett decided to make... Continue reading »
by Sarah Sluis // February 5th, 2021 //
»
Magnite Acquires SpotX For An Eye-Watering $1.17 Billion

Magnite has acquired video supply-side platform SpotX from European entertainment network RTL Group for $1.17 billion. The cash and stock deal, announced Friday morning, is part of Magnite’s vision to go big in the connected TV space. LUMA Partners and Goldman Sachs advised on the transaction. CTV is so hot that Magnite bought SpotX for... Continue reading »
by Allison Schiff // February 5th, 2021 //
»
SpotX Joins UID 2.0; Podcasts Aren't Paying Off For Spotify

Here’s today’s AdExchanger.com news round-up… Want it by email? Sign up here. U & Me And UID 2.0 Welcome to the Unified ID 2.0 cocktail party, SpotX. The video SSP, which is owned by RTL, is the latest company to sign up in support of UID 2.0, the open source industry initiative originally spearheaded by The... Continue reading »
by AdExchanger // January 19th, 2021 //
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