Plus, Australia passes law on Big Tech ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
ADWEEK | Media
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Media
 
 
February 25, 2021
By Lucinda Southern
 
 
 
 
Presented By
TransUnion
 
 
 
 
Magnite's Tight Relationship with Disney Now Extends Beyond Hulu
 
 

Disney and Magnite, for some time, have enjoyed a special relationship.

Now that's getting tighter. Disney is using Magnite’s technology to execute a large portion of its digital ad sales, the supply-side platform CEO Michael Barrett said on its earnings call this week. 

Andrew Blustein has the latest. 

“We have access to all of it. Some of it is a preferred partnership. Others are in an open market partnership, but we really do enjoy a special relationship with [Disney],” Barrett said.

With Telaria and SpotX under its belt, Magnite is acquiring its way to being the sell-side’s largest independent platform, with a stronghold in connected TV.

Check out Andrew’s piece for what you need to know about the earnings:

  • Magnite's full-year revenue was $221.6 million 
  • 45% was generated in CTV and online video
  • CTV revenue was $15.3 million in Q4, up 53% compared to the year prior 

The CTV space is in high-growth mode. Platforms are jostling for eyeballs—if you haven’t already, check out this piece from my colleague Mollie Cahillane on how connected TV platforms like Roku, Amazon fire and Samsung measure up. Supply is increasing, only a few SSPs can duke it out to be the supply partner du jour.   

We also heard that Australia has passed its law forcing tech platforms to pay publishers for news after Facebook helped in watering it down. Watch the domino effect ripple across global governments showing tech some more muscle. First up, Canada and Europe. 

Not everyone is happy about the ramifications, especially concerning the shadowy terms News Corp. cut with Google. Chairman of U.K. news giant Daily Mail and General Trust, Lord Rothermere, stresses the problem with “two of the world’s most ruthless companies now locked in an unholy alliance,” concerning “the sharing of ad revenue via Google’s ad technology services.”

In a letter published in the Financial Times, he calls for the terms of the deal to be made public.

I think we all know how likely that’s going to be.  

Thanks for reading and have a great week! 

Lucinda

Lucinda.southern@adweek.com 

 
 
 
 
 
 
Everything Old Is New Again, and 6 Other Takeaways from ViacomCBS’ Paramount+ Event
 
 

Debuting next week, the streamer will be packed with reboots and revivals.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Catalina Sues Quotient in a Clash of the Coupons
 
 

Plaintiff alleges ‘illegal, predatory’ practices.

 
 
 
 
 
Can Snap Sustain Revenue Growth of 50% Annually Over the Next Several Years?
 
 

Its top brass believes so, and they explained why during the company’s Investor Day.

 
 
 
 
 
Partner Expert by IBM Watson Advertising
3 Insights From CES 2021 to Help Marketers Forge Connections in a Cookieless World
 
3 Insights From CES 2021 to Help Marketers Forge Connections in a Cookieless World
 
 
 
 
 
 
TikTok Releases Global Transparency Report for Second Half of 2020
 
 

6,144,040 accounts were removed for violating its community guidelines.

 
 
 
 
 
 
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