Magnite is pleased to partner with Walmart Connect on the launch of a more flexible buying model.
By enabling audience decisioning at the supply side through Magnite, we are creating a scalable foundation for advertisers to activate Walmart Connect’s powerful commerce signals across multiple certified DSPs.
We’re making it easier for advertisers to make smarter decisions with less fragmentation, improved inventory access and better signal fidelity.
https://t.co/VLrieGhfgU
A Federal judge recently ruled that Google has an illegal ad tech monopoly.
Remedies are still being developed, but we’re already seeing industry behavioral shifts the market doesn’t seem to be pricing in...
Read our report: https://t.co/Yq7zWsrFik
$goog $googl $mgni $pubm
@jay_21_ think the market is waiting to see print given limited operating history. If they maintain guide think it starts to rally back. Made a really good sale of a small biz (>30x EBITDA) that accelerates de-leveraging.
Our Google Trust Busting Update is out.
We think Google's breakup risk is hugely underpriced and there are some major beneficiaries in public markets.
Read the full report here: https://t.co/FPPxhqnBlQ
@DannyOcean555 I believe restricted by MNPI from Perceive process. Think they will start buying back now. Also takes OpEx off the balance sheet (MSD millions drag per mgmt)
@JaneElle90 Good note. Interesting to think about $NFLX CTV profit pool for $MGNI. Say 50% of UCAN subs go paid (vs Hulu @ ~60%), that’s 42M subs *(12 months * $8 from ads (i.e. $15 – $7 for ad rev subsidy) * via 50% programmatic * 5% take rate = $101M of high margin CTV revs on low'ish ests
@ltmleverage @HotDogCap Makes sense, thanks. How are you thinking about Chinese overcapacity risk? At midpoint of your range looks like it trades ~6.5x, what do you think upside case is on equity ?