Magnite Points to CTV Demand as Google Antitrust Remedies Loom
At an Age of AI conference, Magnite investor relations SVP Nick Kormeluk discussed the Google ad-tech antitrust case and Magnite’s second-quarter connected TV performance. He said Google’s dominance in non-connected TV open web ads and potential remedies would likely affect DV+ (desktop/mobile web) more than CTV. He highlighted programmatic CTV adoption, its SpringServe platform, and ties with Netflix, Warner, Roku, Disney and ESPN inventory.