Pleaserefertopage41forimportantdisclosuresandanalystcertification,oronourwebsitewww.macquarie.com/research/disclosures.2March2020UnitedStatesEQUITIESCTVadspending,US&global→2023Source:eMarketer,TruOptik,MacquarieCapital(USA),February2020StocksmentionedStockRatingTPCMCSAOutperform$52DISOutperform$160RAMPOutperform$60ROKUOutperform$170TTDOutperform$300Source:Companydata,MacquarieResearch,February2020InsideCTVandad-supportedstreaminginthe2020s2TheriseofaddressableTVadvertising6Marketplayers–connecteddevices11Marketplayers–ad-supportedstreamingservices16Marketplayers–adtechenablers25Data,attributionandmeasurement31AnalystsMacquarieCapital(USA)Inc.TimNolle...
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