Magnite Strengthens Partnership with Samsung Ads to Power Programmatic Advertising on Samsung TV Plus in Southeast Asia
January 14 2025 - 9:00PM
Magnite (Nasdaq: MGNI), the largest independent sell side
advertising company, announced it has strengthened its partnership
with Samsung Ads to power programmatic advertising on Samsung TV
Plus inventory in Singapore, the Philippines and Thailand for the
first time. Advertisers now have programmatic access to premium
video inventory on Samsung’s free ad-supported streaming TV (FAST)
service, Samsung TV Plus, which went live across the Southeast Asia
region late last year.
Samsung TV Plus is now available on millions of
Samsung Smart TVs across Singapore, the Philippines, and Thailand.
The built-in streaming service delivers free, instant access to a
wide range of live TV channels spanning entertainment, news, movies
and more. Fan-favourites including
MythBusters,
Survivor, Deal or No
Deal and Red Bull TV are just a few of
the first channels to arrive on the new platform, with more global
and local channels launching in early 2025. Through this new
partnership, advertisers will be able to programmatically access
Samsung TV Plus’ premium, and growing, in-stream inventory for the
first time.
Gavin Buxton, Managing Director, Asia at
Magnite, said: “The powerful combination of Smart TV
adoption and increased consumption of ad-supported streaming
content in Southeast Asia represents a significant market
opportunity. Samsung is uniquely positioned to capitalise upon this
transformation, and we are excited to expand our relationship with
them. We look forward to working with Samsung to drive results as
they leverage our leading streaming technology to help streamline
programmatic activation of premium inventory on Samsung TV
Plus.”
Alex Spurzem, Managing Director, Samsung
Ads Southeast Asia and Oceania (SEAO), added: “Launching
our FAST service, as well as native and in-stream ads, in just 12
months reflects the huge opportunity we see in the region. Seven in
ten TV viewers already watch ad-supported streaming content and our
FAST service gives advertisers a new way to reach this audience. As
we scale Samsung TV Plus, Magnite will play a pivotal role by
making it programmatically available to brands and agencies across
multiple Southeast Asia countries.”
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.
About Samsung Ads
Samsung Ads delivers Advanced TV advertising at scale on the
world’s smartest connected audience platform. Our smart TV
advertising solutions are built on a unique source of TV data from
millions of Smart TVs across several countries in Southeast Asia.
Samsung Ads provides the holistic view advertisers need, connecting
linear, OTT, and gaming to help brands see the total advanced TV
picture. Brands turn to our managed service and programmatic
offerings to achieve incremental reach, complement linear TV
campaigns, manage frequency, find difficult-to-reach audiences and
most importantly, measure outcomes. Launched in the US in 2015,
Samsung Ads now operates in North and Latin America, Europe, South
Korea, ANZ, South East Asia and India. Samsung Ads is a division of
Samsung Electronics which is the #1 TV manufacturer globally.
About Samsung Electronics Co., Ltd.
Samsung inspires the world and shapes the future with
transformative ideas and technologies. The company is redefining
the worlds of TVs, smartphones, wearable devices, tablets, home
appliances, network systems, and memory, system LSI, foundry and
LED solutions, and delivering a seamless connected experience
through its SmartThings ecosystem and open collaboration with
partners. For the latest news, please visit the Samsung Newsroom
at news.samsung.com.
Media Contact:Megan
Hughesmhughes@magnite.com
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