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S5 0716+714 is a well known BL Lac object, one of the brightest and mostactive blazars. The discovery in the Very High Energy band (VHE, E > 100 GeV)by MAGIC happened in 2008. In January 2015 the source went through thebrightest optical state ever observed, triggering MAGIC follow-up and a VHEdetection with 13{\sigma} significance (ATel 6999). Rich multiwavelengthcoverage of the flare allowed us to construct the broad-band spectral energydistribution of S5 0716+714 during its brightest outburst. In this work we willpresent the preliminary analysis of MAGIC and Fermi-LAT data of the flaringactivity in January and February 2015 for the HE (0.1 < HE < 300 GeV) and VHEband, together with radio (Mets\"ahovi, OVRO, VLBA, Effelsberg), sub-millimeter(SMA), optical (Tuorla, Perkins, Steward, AZT-8+ST7, LX-200, Kanata), X-ray andUV (Swift-XRT and UVOT), in the same time-window and discuss the timevariability of the multiwavelength light curves during this impressiveoutburst.

Multiwavelength picture of the blazar S5 0716+714 during its brightest outburst