Magnite, LG Ads Solutions partnership
June 21, 2022
Magnite, the independent omnichannel sell-side advertising platform, has announced a multi-year deal with LG Ads Solutions, the connected TV and cross-screen advertising company. Magnite will have access to LG Ads Solutions’ audience-level automatic content recognition (ACR) data for planning, activation, measurement, and advanced analytics across its industry-leading supply-side platform (SSP).
Through the agreement, audience-level ACR data from opted-in LG smart TVs in the US will be made available across Magnite’s US inventory footprint, and will expand to other countries starting in 2023.
“Magnite’s vantage point as the largest independent CTV SSP make them the ideal choice for fuelling our streaming and cross-screen ad business, which has already seen tremendous momentum in the past twelve months,” said Raghu Kodige, CEO of LG Ads Solutions. “As we continue to expand access to our audience data in order to support a healthy planning, activation and measurement ecosystem, Magnite helps us enable advertisers to better understand how and where their campaigns are working. We’re excited to be working with their team to bring more transparency and visibility to the industry.”
“ACR data provides key targeting and measurement capabilities to the buy side,” said Sean Buckley, Chief Revenue Officer at Magnite. “By providing secure access at scale to this valuable piece of the puzzle, we are enabling buyers to better plan, execute, and attribute their campaigns across both CTV and linear. Activation is also DSP agnostic, so buyers have the flexibility to choose the demand-side platforms they want to use.”
“We are thrilled to see two leading CTV companies coming together to make media planning, buying and measurement simpler,” said Sean Muzzy, CEO, North America, Kinesso. “Being able to apply granular audience-level ACR data at massive scale across both managed service and addressable campaigns makes CTV and cross-screen advertising far more efficient and effective.”
“Omnicom Media Group has been working with both LG Ads and Magnite to enable greater transparency and more reliable targeting capabilities across the CTV marketplace. We expect this partnership to enable us to combine the strength of Omni’s Audiences with LG’s ACR data targeting and Magnite’s scale to improve verified audience delivery across our CTV targeted campaign,” said Megan Pagliuca, Chief Activation Officer for Omnicom Media Group.