Magnite, an independent supply-side ad platform (SSP), unveiled ClearLine, a self-service option that enables ad agencies to directly purchase premium video inventory on its platforms.
The solution is built on Magnite's established video deals technologies, leading to increased spending on working media, secure data sharing between sellers and ad agencies, and more revenue generation opportunities for publishers. Notably, Camelot, GroupM, and MiQ are among the initial launch media partners for ClearLine.
Analyst QuickTake: Magnite's current process for ad inventory purchasing uses demand-side platforms (DSPs) to connect ad agencies and its platform. However, the launch of ClearLine now provides a direct connection for ad agencies to buy premium video inventory, addressing the need for more control and flexibility in media buying. This has the potential to lead to increased spending on Magnite's platforms and drive revenue growth for Magnite and its media owners.
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