+ Annual performance-based bonus + Equity + 401(k) employer match + Cell phone subsidy
Three days in-office and two remote workdays per week.
Magnite helps publishers sell ad space through a sell-side platform that automates programmatic ad transactions across digital and Connected TV. Its technology optimizes inventory for higher yields and provides buyers with scalable, brand-safe inventory and fraud protection. It earns revenue by taking a commission on ad spend and offering premium services like Private Marketplaces, Programmatic Guaranteed, and Auction Packages, while remaining independent to avoid conflicts with clients. Its goal is to maximize publishers' ad revenue and provide reliable, global access to quality inventory for advertisers.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Los Angeles, California
Founded
2007
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Health Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Paid Sick Leave
Paid Holidays
Unlimited Paid Time Off
Hybrid Work Options
Equity and Employee Stock Purchase Plan
Family Planning Benefits
Parental Leave
Disability Insurance
Life Insurance
Cell Phone Subsidy
Fitness and Wellness Reimbursement
Mental Health Support
Magnite and ITN expand partnership to introduce agentic AI solution for local linear TV. Industry-first agentic integration via Magnite Orchestration automates local linear buying, transforming a multi-week process into a matter of hours. September 10, 2026 08:00 ET | Source: Magnite, Inc. NEW YORK, Sept. 10, 2026 (GLOBE NEWSWIRE) - Magnite (NASDAQ: MGNI), the largest independent sell-side advertising company, and ITN, the ad-tech company focused on modernizing local TV activation, have expanded their partnership to bring agentic capabilities to local linear advertising. After successfully making local linear TV available programmatically, transforming a multi-week buying process into a matter of hours, the companies are taking the next leap forward. By integrating ITN's newly launched seller agent into Magnite's Orchestration layer, the partnership provides buyers with real-time activation and optimization of high-value local linear inventory and advanced audiences. Magnite and ITN are working with key partners to pioneer this advancement following the full integration in Q4 2026. By combining ITN's proprietary NXTv infrastructure with Magnite's ClearLine execution platform, the partnership will expand demand for local linear TV by increasing efficiency for traditional buyers while broadening access for digital-first buyers. This agentic workflow enables buyers to move seamlessly from planning to execution in a fraction of the time. Agents generate impression-based forecasts and media plans, enabling teams to instantly review, approve, and activate campaigns. Once approved, execution flows through Magnite's ClearLine infrastructure, significantly accelerating time-to-launch. When leveraging Magnite's buyer agent, advertisers gain access to Magnite's comprehensive supply ecosystem, unlocking unique advantages for omnichannel buys. Magnite's buyer agent enables buyers to submit a single RFP and budget across both local linear and CTV, forecast omnichannel reach and book campaigns, and receive streamlined reporting. By removing friction between linear and CTV buying, Magnite empowers advertisers to holistically plan, allocate, and optimize their total TV spend in one place. "At DMG, we're always looking for new ways to give our clients access to premium inventory while maintaining the efficiency of digital buying," said Dano Ehler, Chief Revenue Officer and Co-Founder at Digital Marketing Group (DMG). "The ability to bring linear television inventory into a more streamlined programmatic workflow is an exciting evolution and creates additional opportunities for the advertisers we serve." "What ITN and Magnite are building represents an important evolution for local linear television," said Joe Cerone, Founder of Cerone Advisory Group. "The addition of agentic capabilities builds on the programmatic foundation already in place and brings the industry another step closer to aligning local linear with the technology, workflows and expectations that define modern media buying." "Local linear TV remains a powerful medium for reaching audiences but the operational friction of buying local linear TV inventory has historically limited its growth," said Matt McLeggon, SVP, Advanced Solutions at Magnite. "By bringing ITN's seller agent into Magnite Orchestration, we're providing a streamlined agentic process that bridges traditional IO-based workflows with programmatic execution. This further unlocks previously untapped local linear inventory for advertisers and builds on our efforts to help local linear broadcasters more effectively monetize." "ITN has long been focused on modernizing how local linear TV is bought and activated. By connecting our proprietary technology infrastructure directly into Magnite's Orchestration layer, we are eliminating weeks of back-and-forth operational drag," said Craig Sulema, Chief Investment Officer at ITN. "This agentic integration transforms our vision for programmatic local linear TV into a frictionless reality, enabling both TV and digital buyers to execute local linear campaigns with unprecedented speed, efficiency and scale." About Magnite We're Magnite (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, Magnite has offices across North America, EMEA, LATAM, and APAC. Media Contact: Charlstie Veith [email protected] Investor Contact: Nick Kormeluk [email protected] ITN is an ad tech company focused on modernizing how local TV inventory is bought and activated. Its proprietary technology infrastructure powers managed and self-service solutions that simplify and automate how local TV is transacted across broadcast, cable and streaming at the national, regional and local levels. ITN helps agencies operate more efficiently and deliver greater value for their clients while creating new demand opportunities for media suppliers. By bringing local TV into the programmatic era, ITN enables advertisers to realize the reach and impact of local TV with more digital-like execution. For more information, visit itn.tv Media Contact: Craig Sulema [email protected]
Magnite has launched its first agentic campaign in EMEA with trading desk Amnet France for a leading automotive manufacturer. Using natural language prompts, Amnet leveraged Magnite's buyer agent to build and activate a video campaign through ClearLine. The agent communicated with Magnite's seller agent to identify and activate relevant premium CTV supply, streamlining the process from buyer intent to execution. The campaign achieved approximately 70% reduction in setup time and a 95% video view-through rate. The technology surfaced inventory and optimisation opportunities that may not have been identified through traditional manual workflows. Barbara Thuillier-Romeri, Ad-Tech Manager at Amnet France, said the collaboration allowed the team to evaluate how the buyer agent could enhance campaign execution and drive stronger outcomes.
Karnika Maroo joins Magnite as Senior Account Director. Karnika Maroo has joined Magnite as Senior Account Director, marking another step in her career within the programmatic advertising and adtech industry. Maroo has built her career around account management, publisher relationships and programmatic advertising. She has been part of Magnite's India operations for several years, previously serving as Account Director, Platforms, Asia. Her work has included supporting relationships across the programmatic ecosystem and working with clients across Southeast Asia and India. Her progression comes as the advertising industry continues to evolve around programmatic buying, streaming and connected TV. As media consumption becomes increasingly fragmented across digital platforms and streaming services, publishers, advertisers and technology providers are placing greater emphasis on audience data, supply-side relationships and cross-channel planning. Maroo's experience has also included involvement in Magnite's work across India's growing digital advertising market. The company established its first India office in Mumbai as it expanded its local operations, with its India team supporting publishers and buyers across programmatic and streaming media. Her previous role as Senior Account Manager, Platforms, India placed her close to the supply-side of the advertising ecosystem. She has also been involved in industry discussions around programmatic and streaming, including through IAB SEA+India, where she has spoken about changing viewing behaviour and the role of collaboration across the adtech industry. The move to Senior Account Director comes at a time when account leadership in adtech increasingly involves more than traditional client servicing. Teams are navigating changes in CTV, programmatic supply, first-party data, measurement and the growing number of channels available to advertisers. For Maroo, the appointment represents continued progression within Magnite and builds on her experience across platforms, client relationships and the broader programmatic ecosystem. Her career development also reflects the growing importance of specialized account leadership as advertising technology becomes more interconnected across digital, programmatic and streaming environments.
Paul Caine, a director at Magnite, sold 7,500 shares of the digital advertising platform company for $187,500 on 14 August 2026, according to an SEC filing. The transaction was executed under a Rule 10b5-1 trading plan established in August 2025. The sale reduced Caine's direct stake by 5%, but he continues to hold 149,901 shares valued at approximately $3.7 million. Magnite shares delivered a 5% return over the one-year period preceding the transaction. Magnite operates an independent global digital advertising marketplace that helps publishers monetize ad inventory across connected TV, mobile applications, and websites. The company has a market capitalisation of $3.4 billion and generated $742 million in revenue over the trailing twelve months.
Magnite reported 36% year-over-year growth in second-quarter connected television contribution ex-TAC, which now represents 51% of its business mix. The company's CTV expansion is driven by programmatic adoption and partnerships with Netflix, Disney, Roku, and Warner. Senior Vice President Nick Kormeluk said potential remedies from Google's ad-tech antitrust trial could benefit Magnite's desktop and mobile web advertising business. He estimated Google holds roughly 60% market share in the relevant segment, whilst Magnite has 6% to 8% overall and approximately 15% of the non-Google supply-side platform market. Management raised its margin outlook above 37% and committed to allocating at least 50% of free cash flow towards share buybacks under a $200 million authorisation. The company has not included any potential antitrust remedy benefits in its forecasts.