FreeWheel, a Privately Owned company headquartered in the US, is owned by Comcast Xfinity, which operates Beeswax as a subsidiary. Founded in 2007, FreeWheel employs approximately 1400 individuals and reported $2.1B in revenue as of 2024. Functioning as a tier 1 media tech buyer, the company specializes in TV and streaming ad tech, providing cross-screen, omnichannel data and tech solutions for the addressable advertising industry.

2024 Revenue

Founded

2007

Headcount

1,392

Headquarters

US

Primary Segment

TV and streaming ad tech

Ownership

Privately Owned

Deployments

126

News Summary:

On March 14, 2026, FreeWheel plugged its Model Context Protocol (MCP) server into premium video ad deals pilots with PMG, integrating its newly launched AI agent infrastructure directly into the transactional layer of its platform. The company, a Comcast entity, initially announced this AI agent infrastructure, built around the MCP server and a suite of Intelligence tools, on March 11, positioning itself among the first premium video ad technology platforms to embed AI in this manner. Previously, on March 13, SkyShowtime reported a trebling of its ad impressions by partnering with FreeWheel’s Streaming Hub Marketplace. SkyShowtime leveraged the marketplace to expand its ad business into new markets and unlock new sources of demand, utilizing FreeWheel's regional relationships to enable publisher-to-publisher deals in the absence of local sales teams.

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FreeWheel offers 9 products in the ad tech and services and media tech industries. FreeWheel's product portfolio comprises of marketer and agency technology, RTB and programmatic and tV and streaming ad tech.
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FreeWheel's revenues were over $1B in 2024. Caretta Research has split FreeWheel's revenue into 6 different product categories, the largest of which is tV and streaming ad sales. For full access to FreeWheel's revenue breakdown subscribe to Caretta Portal.
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FreeWheel's customers primarily consist of telecoms companies. Examples of FreeWheel's customers include Comcast Xfinity, AT&T and Charter Communications. FreeWheel has commercial and technical partners like Comcast Technology Solutions (CTS), AMC Networks and Comscore.

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