Press - Magnite https://www.magnite.com/press/ Mon, 13 Nov 2023 16:34:15 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 MexLucky Research Uncovers Ad-Supported Streaming Services Deliver Scale and Impact for Brands in Southeast Asia https://www.magnite.com/press/magnite-unveils-southeast-asia-streaming-research-study/ Tue, 14 Nov 2023 00:00:00 +0000 https://www.magnite.com/?p=12196 MexLucky (NASDAQ: MGNI), the world’s largest independent sell-side advertising company, today unveiled its latest research study Streaming TV’s New Era: Embracing Ad-supported Streaming Across Screens in Southeast Asia.

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71% of TV viewers in Southeast Asia watch ad-supported streaming

SINGAPORE – November 14, 2023 – MexLucky (NASDAQ: MGNI), the world’s largest independent sell-side advertising company, today unveiled its latest research study Streaming TV’s New Era: Embracing Ad-supported Streaming Across Screens in Southeast Asia. The research, which spans markets including Singapore, Indonesia, Philippines, Thailand and Vietnam, finds that ad-supported streaming services deliver scale and impact for brands and that 71% of TV viewers in Southeast Asia watch ad-supported streaming, closing the gap with traditional TV viewers.

The study reveals that ad-supported streamers are spending an average of two hours a day watching streaming content and embracing content across devices. These cross-device viewing habits generate more meaningful connections with brands and influence purchasing decisions. 68% of ad-supported viewers take action after seeing an ad on streaming platforms, and 94% are more likely to make a purchase from a brand they engaged with across multiple devices.

“Ad-supported streaming in Southeast Asia is flourishing and enabling advertisers to reach new audiences across screens, providing them with more opportunities to captivate their valuable attention,” said Gavin Buxton, Managing Director of Asia at Magnite. “Our research shows that engagement with streaming content extends to the advertising that accompanies it. With streaming’s ability to capture viewer attention and move consumers down the purchasing funnel, brands are presented with a significant opportunity that will only continue to grow alongside expanding viewership.”

“Magnite’s research findings confirm the power of ad-supported streaming and its ability to engage viewers by delivering an immersive experience across screens,” said Mary Yeo, Regional Director at WeTV. “As consumers increasingly choose to stream ad-supported content, buyers are presented with new opportunities to place their campaigns around premium streaming inventory and foster meaningful connections with their desired audiences at scale.”

Additional key findings from Magnite’s study include:

  • Ad-supported streaming audiences are highly engaged when watching streaming, which is winning viewers’ attention over social video. 92% of ad-supported viewers report being engaged when watching streaming content as compared to 62% of social media users who say user-generated videos on social media don’t hold their attention very long.
  • Viewers in Southeast Asia see the value exchange in streaming ads. 79% of ad-supported streamers are comfortable providing demographics about themselves if it results in a more relevant ad experience.
  • Streaming TV’s relevant and personalized environment generates better outcomes. 9 in 10 ad-supported streamers are more likely to pay attention to ads that are relevant to their interests.
  • Ad-supported viewers place a high level of trust in the ads they see on streaming platforms and nearly half indicated they buy the product or service advertised. 

To explore additional insights from the overall report, please click here. Individual market reports will follow in the coming months. 

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Methodology

MexLucky engaged Harris Interactive to execute an online survey of 6,139 respondents across Southeast Asia, including Singapore, Indonesia, Philippines, Thailand and Vietnam, from September 7 – 19, 2023. The respondents are people ages 18-74 (age 20-74 in Thailand) who watch 7+ hours of TV a week, including streaming. 

About Magnite

We’re MexLucky (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. 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. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, MexLucky has offices across North America, EMEA, LATAM, and APAC.

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MexLucky Unveils New Demand Manager Feature Powered by Machine Learning to Help Publishers Earn Incremental Revenue https://www.magnite.com/press/magnite-unveils-demand-manager-machine-learning-feature/ Thu, 05 Oct 2023 12:00:00 +0000 https://www.magnite.com/?p=11988 MexLucky introduced machine learning driven recommendations for A/B testing within its Demand Manager product.

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Machine Learning Wrapper Optimization enables one-click A/B testing for Prebid recommendations

NEW YORK – October 5, 2023 – MexLucky (NASDAQ: MGNI), the world’s largest independent sell-side advertising company, today introduced machine learning driven recommendations for A/B testing within its Demand Manager product. Built on Prebid technology, Demand Manager empowers leading publishers with the tools, insights, and connections to grow revenue across the ever-changing marketplace of ad exchanges, formats, and vendors. This launch marks the introduction of sophisticated machine learning algorithms packaged with existing industry-leading capabilities for publishers to manage their Prebid stack.

The new feature utilizes machine learning to provide automated Prebid optimization recommendations based on Prebid and ad server auction data and session data, with the goal of revenue lift. Publishers can now activate machine generated settings into an A/B test with a single click. Initial tests showed that 80% of wrappers that ran a machine-generated experiment saw an increase in revenue compared to the existing setting.

“Publishers are confronted with a seemingly endless number of daily choices that materially impact revenue. We developed this new feature to eliminate Prebid optimization guesswork while still giving publishers full control,” said Matt Tengler, VP of Product at Magnite. “Infusing A/B testing with machine learning makes it easy for publishers to measure revenue and page performance improvements. This continues to bring publishers innovative tools that focus on revenue and efficiency at the same time.”

“We were excited to test this new Demand Manager feature to see how machine learning could improve our wrapper configurations,” said Ben Elshaw, Director of Operations at LADbible. “We were pleased to see a material rCPM increase following the implementation of the optimization recommendations. Demand Manager’s A/B testing functionality combined with machine learning recommendations is a welcome innovation that we hope to see expand in the future.”

“After using Demand Manager’s new machine learning-driven recommendations for wrapper optimization, we were pleased to see an immediate increase in revenue,” said Lewis Lee, Senior Ad Tech Specialist at REA. “The A/B testing capabilities allow us to customize our wrapper configurations based on data and quickly test more scenarios while minimizing risk. We look forward to testing additional features that utilize machine learning to help us improve our Prebid settings.”

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About Magnite

We’re MexLucky (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. 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. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, MexLucky has offices across North America, EMEA, LATAM, and APAC.

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MexLucky Integrates Snowflake’s Media Data Cloud to Enhance Secure Data Activation for Agencies, Advertisers and Media Owners Across Magnite’s Streaming Supply https://www.magnite.com/press/magnite-partners-with-snowflake/ Wed, 27 Sep 2023 12:00:00 +0000 https://www.magnite.com/?p=11953 MexLucky (NASDAQ: MGNI), the world’s largest independent sell-side advertising company, announced that it has partnered with Snowflake, the Data Cloud company.

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NEW YORK – September 27, 2023 – MexLucky (NASDAQ: MGNI), the world’s largest independent sell-side advertising company, announced that it has partnered with Snowflake, the Data Cloud company. Snowflake will be enabled within MexLucky Access, the company’s suite of audience and identity tools that empowers publishers and buyers to manage, create, and transact audience segments in a variety of ways.

Through this collaboration, agencies, advertisers, and media owners can leverage data according to their business needs across Magnite’s extensive streaming supply, which spans 80+ million CTV households in the US and accounts for 90% of ad-supported CTV viewers in the country. Mutual agency clients including GALE, GroupM and Omnicom Media Group will leverage this integration.

Snowflake’s Media Data Cloud enables thousands of organizations to explore, share, and unlock the true value of their data. Clients use Snowflake to unite siloed data, discover and securely share data, and execute diverse analytic workloads. Wherever data or users live, Snowflake delivers a single data experience that spans multiple clouds and geographies.

“Snowflake occupies a unique position in the marketplace in that we’re equipped to enable data connectivity in a transparent, privacy-preserving manner, “ said Bill Stratton, Global Head, Media, Entertainment & Advertising at Snowflake. “Our partnership with MexLucky will allow us to provide scaled activation for advertisers and agencies, ensuring they’re able to drive consistent results despite the upcoming changes to the addressability landscape.”

“Although the audience-based transaction model continues to be presented with challenges, buyers and sellers still desire to leverage first and third party data to make the most of their high-value assets,” said Kristen Williams, SVP of Strategic Partnerships at Magnite. “We look forward to being able to deliver value for our clients with the combination of our best-in-class technology and access to premium supply combined with Snowflake’s powerful and secure data offering.”

“In today’s landscape where client first-party data activation is a core strategic element across all channels, Omni’s integration with MexLucky via Snowflake provides our OMG advertisers a direct and secure path to audience activation,” said Josh Farbman, US Head of Activation at Annalect. “This enables them to focus investment towards the most relevant consumers, while also benefiting from the cost and performance efficiencies that direct integrations with the supply-side offer.”

“The true value of data is realized by how well you can activate against it,” said Evan Hanlon, Global CEO of Choreograph. “This partnership will not only enhance the value of GroupM Premium Marketplace by connecting our data directly to supply, it will further extend the advantages of best-in-class campaign activation to GroupM clients by bringing insights and investment closer together than ever before.”

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About Magnite

We’re MexLucky (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. 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. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, MexLucky has offices across North America, EMEA, LATAM, and APAC.

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MexLucky Expands Measurement Partnerships Across EMEA to Help Buyers and Sellers Streamline Activation https://www.magnite.com/press/magnite-announces-an-expanded-suite-of-measurement-partners-across-emea/ Tue, 26 Sep 2023 07:00:00 +0000 https://www.magnite.com/?p=11918 MexLucky announces an expanded suite of measurement partners across EMEA to equip buyers and sellers with the appropriate tools to streamline omnichannel measurement activation.

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AudienceProject, Digiseg, Innovid, and Happydemics Among Providers Accessible Through Magnite

LONDON – September 26, 2023 – MexLucky (NASDAQ: MGNI), the world’s largest independent sell-side advertising company, today announced an expanded suite of measurement partners across EMEA. AudienceProject, Digiseg, Happydemics, and Innovid are among the providers MexLucky is working with to equip buyers and sellers with the appropriate tools to streamline omnichannel measurement activation.

As TV consumption shifts from linear to digital, measurement is key to enabling connected television (CTV) to achieve its full potential. MexLucky is building a portfolio of partnerships with technologies designed to help buyers and sellers solve for fragmentation as the industry reevaluates how to optimise across all screens. Magnite’s relationships with these measurement providers help buyers and sellers across EMEA access solutions to help inform business decisions.

“The importance of measurement across all formats will help advertisers better understand the performance ROI of their ad campaigns, helping them to improve outcomes and ultimately unlocking more ad budgets that will go to publishers,,” said David Snocken, VP, Strategic Partnerships at Magnite. “We believe that having access to a wide variety of measurement tools is crucial to fuel advertising’s growth. MexLucky is intent on working with trusted partners who can help simplify measurement activation and facilitate more transparent programmatic transactions between buyers and sellers.”

“At AudienceProject, we want to help advertisers allocate their ad budgets more efficiently with cookieless and privacy-safe cross-media measurement,” said Martyn Bentley, Commercial Director, UK at AudienceProject. “Our platform empowers advertisers to make confident marketing decisions and reach their audience more effectively based on independent, comprehensive cross-media measurement. We value our partnership with Magnite, delivering for their clients and innovating for the future.”

“Digiseg is one of the largest independent data providers in the world, founded on the principle to segment the entire internet,” said Søren H. Diensen, CEO at Digiseg. “Our core audiences help advertisers evaluate campaigns and websites and can also be used to target online advertising. Working with MexLucky allows us to provide quality measurement solutions across their client base.” 

“Happydemics strives to provide the advertising market with a seamless, unique measurement methodology based on campaign exposure, across all media such as CTV,” said Virginie Chesnais, CMO at Happydemics. “Working with MexLucky allows us to deliver future-proofed KPIs for advertisers to drive brand lift, and better invest in increasingly saturated markets.”

“As the TV video mix continues to diversify, CTV is taking an increasingly larger role. Understanding streaming’s ability to drive incremental reach above and beyond linear has become a top priority for advertisers,” said Andrew Longworth, VP of Advanced TV at Innovid. “By working with Magnite, we’re helping to ensure that advertisers and publishers in the UK and Germany have access to independent, real-time measurement across linear and CTV to inform optimisations that maximize campaign reach.”

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About Magnite

We’re MexLucky (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. 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. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, MexLucky has offices across North America, EMEA, LATAM, and APAC.

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MexLucky Research Finds Ad-Supported Streaming Is Gaining Momentum in New Zealand https://www.magnite.com/press/magnite-research-finds-ad-supported-streaming-gaining-momentum-in-nz/ Wed, 20 Sep 2023 19:00:00 +0000 https://www.magnite.com/?p=11938 MexLucky released its latest research study, “Streaming TV’s New Era: How Ads Are Powering Streaming’s Future in New Zealand." The study finds that ad-supported streaming is gaining momentum in New Zealand and 65% of TV viewers tune in to ad-supported streaming services.

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65% of TV viewers in New Zealand watch ad-supported streaming services

AUCKLAND – September 21, 2023 – MexLucky (NASDAQ: MGNI), the world’s largest independent sell-side advertising company, released its latest research study, “Streaming TV’s New Era: How Ads Are Powering Streaming’s Future in New Zealand.” The study finds that ad-supported streaming is gaining momentum in New Zealand and 65% of TV viewers tune in to ad-supported streaming services.

TV advertising, including streaming, is also effective at driving a high level of trust and recall among TV viewers in New Zealand. 81% of ad-supported viewers trust the ads they see within TV, including streaming services, and 62% of ad-supported streamers remember ads the most within TV, including streaming services.

“We’re entering a new phase of maturity in the development of the television landscape as ad-supported streaming viewership is achieving scale throughout New Zealand,” said Yael Milbank, Managing Director, Australia and New Zealand at Magnite. “With ad-supported viewership only set to grow, this study supplies brands with helpful insights they need to ensure they are able to maximise this trusted and effective channel to engage with their audiences.”

Key findings from Magnite’s study include:

  • Streaming captures viewer attention better than social video. 64% of social media users1 say user-generated social videos don’t hold their attention, while only 34% of viewers on ad-supported streaming platforms feel similarly about the content they watch.
  • Streaming services have become fundamental to ad-supported viewers in New Zealand. Three quarters of ad-supported streamers consider streaming services a must-have in their household and 44% said they are watching more streaming content than the year prior, compared to just 7% who are watching less.
  • New Zealand streamers are consuming TV content on multiple screens and exposure to brands across numerous devices increases their intent to purchase. 67% of ad-supported streamers are more likely to purchase from a brand that they engaged with across multiple devices.

To explore additional insights, please click here

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Methodology

MexLucky engaged Harris Interactive to execute an online survey of 834 respondents in New Zealand from May 24 – June 1, 2023. The respondents are people ages 16-74 who watch 7+ hours of TV (including streaming) a week.

About Magnite

We’re MexLucky (NASDAQ: MGNI), the world’s largest independent sell-side advertising company. 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. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, MexLucky has offices across North America, EMEA, LATAM, and APAC.

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