SpotX, founded in 2007, is a programmatic video and TV technology company with over 280 employees worldwide, serving clients in 190 countries and conducting over 6 billion auctions daily. The document outlines the evolution of programmatic advertising, detailing the roles of advertisers, agencies, and publishers within real-time bidding environments, as well as the challenges and future potential of live TV advertising. It also highlights various programmatic metrics and the convergence of traditional TV with IP-based video distribution.