Magnite Expands Global Reach with DNPA Deal and CTV Innovations

Magnite, Inc. (NASDAQ:MGNI) is one of the most oversold mid-cap stocks to buy according to hedge funds.

On October 8, 2025, Magnite announced that members of the Digital News Publishers Association (DNPA) — a coalition of 22 major Indian news outlets — have adopted its audience activation platform, Magnite Access.

This move gives DNPA members greater control over their first-party data while offering advertisers more direct access to high-quality inventory from premium publishers. The rollout comes amid rising demand for transparent, privacy-conscious ad solutions, particularly in India’s booming digital media market.

The announcement follows a string of recent developments at Magnite, including integrations with Acxiom for enhanced data targeting, a major CTV “Pause Ads” launch, and a programmatic partnership with Paramount+ in Australia.

Magnite, Inc. (NASDAQ:MGNI) operates one of the world’s largest independent sell-side advertising platforms. Its tools help publishers monetize content across CTV, online video, display, and mobile environments while giving advertisers more transparency and control.

While we acknowledge the potential of MGNI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MGNI and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None.