Magnite, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- Michael G. Barrett
- Full Time Employees
- 971
- Sector
- Communication Services
- Industry
- Advertising Agencies
- Address
- 1250 Broadway New York City NY United States of America 10001
- IPO Date
- Apr 2, 2014
- CIK
- 0001595974
- Website
- magnite.com
- Similar Companies
- Business
- Magnite, Inc. operates a prominent independent sell-side advertising platform globally, facilitating the digital ad ecosystem. The company furnishes comprehensive applications and services that empower digital advertising inventory owners, including those operating Connected TV (CTV) channels, mobile applications, and various digital media properties, to effectively manage and maximize their monetization. Concurrently, Magnite provides solutions for demand-side participants such as advertisers, agencies, and agency trading desks, enabling them to acquire diverse digital advertising inventory. The platform focuses on an omnichannel approach, supporting transactions across CTV, online video, display, and audio formats, leveraging its significant presence in the rapidly expanding CTV market. Its revenue model primarily involves charging fees as a percentage of the advertising spend processed through its advanced programmatic platform. Formed in April 2020 through the merger of Rubicon Project and Telaria, and subsequently rebranding to Magnite in July 2020, the company has since solidified its position through strategic acquisitions, including SpotX in 2021 to bolster its video capabilities and SpringServe in 2021 for enhanced CTV ad serving. More recently, in September 2025, Magnite acquired streamr.ai, integrating AI tools to broaden CTV advertising accessibility for small and medium-sized businesses. Headquartered in Los Angeles, California, Magnite extends its technology solutions to clients through dedicated sales teams operating across multiple international locations.
Company News
A Look at Magnite Inc (MGNI) After 4.5% Decline -- GF Value $14.96 vs Price $23.37
Magnite Inc (MGNI) Stock Down 5.7% but Still Overvalued -- GF Score: 65/100
LG Ad Solutions and Magnite Expand Partnership to Advance Agentic Buying on the Home Screen
Magnite Successfully Completes Term Loan and Revolving Credit Facility Repricing
Magnite to Announce Third Quarter 2026 Financial Results on November 4, 2026
AppLovin Slides 3% as Ad-Tech Peers Stand Firm; Trade Desk and Magnite Tick Higher
Magnite (NASDAQ:MGNI) Shares Gap Up – Time to Buy?
Magnite: Trades Slightly Above Its Fair Value, Waiting For Confirmation (Downgrade)
Magnite Surges 6% as a 53% YTD Gain Separates It From Ad-Tech Peers; Trade Desk and AppLovin Tread Water
Magnite Chairman Sells 7,500 Shares Near the Stock's 52-Week High
Scowtt Appoints AdTech Veteran Ben Trenda as Chief Revenue Officer
AppLovin Drops 5% as Edgewater Warns Market Share Growth Has Stalled; Magnite Slips, Trade Desk Slips 3%
Magnite Named Primary Video Ad Server and a Programmatic Technology Provider for HP TV+
Trade Desk Falls 4% as Index-Removal Flows Keep Pressure On; Magnite Drops 3%, AppLovin Pulls Back
Magnite Promotes Brian Gephart to Chief Financial Officer
Paul Caine Sells 7,500 Shares of Magnite (NASDAQ:MGNI) Stock
Why Magnite Stock Rocketed Higher Today
Magnite Jumps 5% as Craig-Hallum Lifts Target to $32 on Google Auction Remedies; PubMatic Rises 6%, Trade Desk Barely Budges
Magnite Advances Agentic Vision as Major Media Owners, Buyers and Technology Players Leverage Orchestration Layer
Insider Selling: Magnite (NASDAQ:MGNI) Insider Sells $936,400.00 in Stock