Magnite Expands Measurement and Attribution Program to Bring Currency Optionality to Programmatic CTV
Magnite (NASDAQ: MGNI) has certified Comscore, iSpot, Nielsen, Innovid, and VideoAmp for simplified measurement across its CTV inventory.
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Rhea-AI Summary
Magnite (NASDAQ: MGNI) has certified Comscore, iSpot, Nielsen, Innovid, and VideoAmp for simplified measurement across its CTV inventory. This move aims to enhance transparency in programmatic transactions as the industry shifts from linear to digital TV consumption. The initiative supports a variety of measurement solutions, enabling clients to transact more effectively and with greater trust. The partnerships reflect Magnite's commitment to innovate and improve flexible advertising solutions in a fragmented market.
Positive
- Certification of measurement firms expands Magnite's service offerings.
- Enhanced transparency in programmatic transactions can attract more clients.
- Partnerships with well-known companies may boost credibility and trust in Magnite's platform.
Negative
- None.
Details
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Comscore, iSpot, Nielsen, Innovid and VideoAmp Among Initial Providers Certified by Magnite
NEW YORK, June 16, 2022 (GLOBE NEWSWIRE) -- Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising platform, today announced it has certified Comscore, iSpot, Nielsen, Innovid, and VideoAmp across its CTV inventory to simplify measurement activation and facilitate more transparent programmatic transactions between buyers and sellers.
As TV consumption shifts from linear to digital, the industry is reconfiguring how to plan, transact, and optimize premium video advertising across all screens. Measurement firms are investing heavily in technologies to help buyers and sellers solve for fragmentation. Magnite’s expanded integrations with these emerging currency providers will give CTV buyers and sellers greater flexibility and choice in the solutions at their disposal to facilitate the value exchange.
“CTV advertising operates on many different currencies today - from self-reported audience impressions to third-party outcome-based guarantees,” said Kristen Williams, SVP, Strategic Partnerships at Magnite. “Magnite works with a variety of measurement and attribution experts to provide our clients with a range of solutions to transact. Without a standardized form of measurement at play, Magnite’s role as an independent technology platform is to enable easy activation of any measurement solution that brings greater transparency to TV transactions while building trust across our diverse client base.”
“GroupM is testing a number of different currency providers and it’s essential for these solutions to be embedded within existing workflows,” said Bharad Ramesh, Executive Director, Research & Investment Analytics at GroupM. “Magnite’s integrations with a range of providers will help us remain flexible as we evaluate various measurement services for transactional use-cases. Our ability to plan, transact, and optimize interoperably will help us collaborate with supply partners more effectively and deliver better results for our clients.”
About Magnite
We’re Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising platform. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world's leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. In April 2021 we acquired SpotX to further enhance our CTV business and better help our clients in this rapidly growing market. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.
Media Contact:
Megan Hughes
mhughes@magnite.com
(203) 979-4806
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