Over the past two years, Magnite (NASDAQ: MGNI) has built its business by combining former independent companies Telaria, The Rubicon Project, SpotX, and SpringServe in an attempt to dominate the connected-TV (CTV) space. And given the outsized growth CTV is experiencing, it makes sense to grab market share in this way.
Just prior to this video clip from Motley Fool Backstage Pass , recorded on Nov. 1 , Fool contributor Jon Quast shared some data with fellow contributor Jason Hall. According to eMarketer, Disney 's Hulu and Roku are two of the top three ad-supported CTV channels by revenue. And in the video, Jon points out that these streaming services are both Magnite customers, giving him reason to believe the company can still be a winner going forward.
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Here's a Simple Reason Why Magnite Stock Can Keep Winning