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Enthusiast Gaming Reports Third Quarter 2023 Financial Results

Retrieved on:

Monday, November 13, 2023

“We are making solid progress against our strategy to build the most scaled gaming communities in North America -- and a platform for significant growth,” commented Nick Brien, Chief Executive Officer. “Our efforts include sweeping changes across nearly every facet of the organization that are positioning the company for growth, profitability and value creation. As a measure of our progress, in the quarter we booked our largest branded solutions sale to date. We continue to expect to be profitable in the fourth quarter, entering next year as a self-sustaining business as we shift from a year of transformation velocity in 2023 to a year of growth velocity in 2024.”

Key Points:

LOS ANGELES, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming media and entertainment company, today announced financial results for the three and nine months ended September 30, 2023 (“Q3 2023”).
The results represent 28% year-over-year growth in Unique Visitor traffic to Enthusiast Gaming’s digital media Property of gaming communities, content, and creators (Comscore Media Metrix® Multi-Platform, Total Audience, September 2023, U.S.).
Results in Q3 2023 and Q3 2022 included a non-cash impairment expense of $51.7 million and $31.3 million respectively.
Conference call details:
A replay of the webcast will be available on the Investor page of the Enthusiast Gaming website at enthusiastgaming.com/investors.

QualSights Appoints Industry Veterans Tod Johnson and Karyn Schoenbart to Board of Directors

Retrieved on:

Wednesday, December 13, 2023

QualSights , the Chicago-based fastest growing insights company in the United States, today announced the appointment of Tod Johnson and Karyn Schoenbart to its Board of Directors.

Key Points:

QualSights , the Chicago-based fastest growing insights company in the United States, today announced the appointment of Tod Johnson and Karyn Schoenbart to its Board of Directors.
This strategic move aims to bolster QualSights’ position as a leading insights technology company and drive continued company growth.
Tod Johnson, Board Chair for Circana (formerly IRI and NPD) and former Executive Chairman of The NPD Group, and Karyn Schoenbart, Board Member for Circana and former CEO of The NPD Group, bring decades of industry knowledge and strategic expertise in key areas including market research, brand equity, and data & analytics.
We are excited to be working with Nihal and the other esteemed board members to help QualSights realize its unique potential in the insights and technology space,” said Tod Johnson.

FOX News Media Announces Executive Promotions

Retrieved on:

Wednesday, December 13, 2023

FOX News Media (FNM) has promoted three senior executives on its digital leadership team, announced Chief Executive Officer Suzanne Scott.

Key Points:

FOX News Media (FNM) has promoted three senior executives on its digital leadership team, announced Chief Executive Officer Suzanne Scott.
Porter Berry has been promoted to President, FOX News Digital and Editor-In-Chief, dually reporting to Mr. Klarman and FNM President & Executive Editor Jay Wallace on editorial.
FOX News Media operates the FOX News Channel (FNC), FOX Business Network (FBN), FOX News Digital, FOX News Audio, FOX News Books, the direct-to-consumer streaming services FOX Nation and FOX News International and the free ad-supported television service FOX Weather.
Owned by Fox Corporation, FOX News Media reaches nearly 200 million people each month.

With Enhanced Support for Long-Form Video, Cloudinary Offers the Industry's Most Comprehensive Video API

Retrieved on:

Tuesday, December 12, 2023

With the new enhancements, including expanded support for advanced compression codecs enabling adaptive bitrate streaming (ABR), Cloudinary is the only video API offering robust programmatic and UI-based automations for both short- and long-form videos.

Key Points:

With the new enhancements, including expanded support for advanced compression codecs enabling adaptive bitrate streaming (ABR), Cloudinary is the only video API offering robust programmatic and UI-based automations for both short- and long-form videos.
Through its flexible API-based solution and AI-powered automation, Cloudinary eliminates these complex manual workflows, enabling developers to manage, customize, optimize, and deliver video to any channel or device within minutes.
Doximity, a leading digital platform for U.S. medical professionals, relies on Cloudinary to serve news-based video content to its app users.
Cloudinary has been instrumental in helping us speed up all aspects of our video management, optimization, and delivery workflows."

FOX News Digital Marks 32 Consecutive Months as Top News Brand With Multiplatform Minutes

Retrieved on:

Friday, November 17, 2023

FOX News Digital finished October marking 32 consecutive months as the top news brand with multiplatform minutes, according to Comscore.

Key Points:

FOX News Digital finished October marking 32 consecutive months as the top news brand with multiplatform minutes, according to Comscore.
FOX News Digital also led news brands with multiplatform views and saw both monthly and yearly growth with multiplatform views, multiplatform minutes and multiplatform unique visitors.
FOX News Digital closed out the month reaching 3.4 billion total multiplatform minutes, 1.8 billion total multiplatform views, and 92 million multiplatform unique visitors.
* FOX News Digital was also the top news brand with 2.8 average views per visit.

OutKick Delivers Strong Growth Month Over Month in October 2023

Retrieved on:

Friday, November 17, 2023

Entertainment, Sports, General Entertainment, Online, General Sports, Podcast, Comscore, Clay Travis

OutKick, the fastest growing national multimedia sports platform, saw strong growth month over month in October 2023.

Key Points:

OutKick, the fastest growing national multimedia sports platform, saw strong growth month over month in October 2023.
The platform delivered over 5.9 million total multiplatform unique visitors, up 11% versus the prior month, 24 million total multiplatform views, up 13% versus the prior month, and 23 million total multiplatform minutes, up 14% versus the prior month, according to Comscore.
In commenting on the digital performance, OutKick founder Clay Travis said, “OutKick’s expansion and growth continues to be the highlight each month.
The platform also saw over 10 million video views on Facebook, X, and YouTube which is up 23% versus October 2022, according to Shareablee.

Trustwave SpiderLabs Exposes Critical Cybersecurity Threats Targeting Retailers

Retrieved on:

Wednesday, November 15, 2023

Telecommunications, Software, Networks, Internet, Data Management, Technology, Other Technology, Security, Sale, Research, Organization, Local Mitigation Strategy, Prevalence, Comscore, Risk management, Cryptocurrency, Online shopping, Trustwave Holdings

Trustwave , a leading cybersecurity and managed security services provider, today released comprehensive research shedding light on the distinctive cybersecurity risks facing retailers.

Key Points:

Trustwave , a leading cybersecurity and managed security services provider, today released comprehensive research shedding light on the distinctive cybersecurity risks facing retailers.
In its new research, Trustwave SpiderLabs has documented the attack flow utilized by threat groups, exposing their tactics, techniques, and procedures.
From email-borne malicious attachments to automated bots to remote access trojans, these persistent threats pose significant risks to the retail sector.
"The significant shift towards digital commerce that unfolded during the global pandemic marked a pivotal moment for retailers,” said Trustwave CISO Kory Daniels.

The Arena Group Reports Third Quarter 2023 Financial Results; Advances Bridge Media Acquisition

Retrieved on:

Tuesday, November 14, 2023

Additionally, subsequent to the end of the third quarter, on November 6, 2023, The Arena Group announced that it signed a definitive agreement to combine with Bridge Media Networks (the “Proposed Transaction”).

Key Points:

Additionally, subsequent to the end of the third quarter, on November 6, 2023, The Arena Group announced that it signed a definitive agreement to combine with Bridge Media Networks (the “Proposed Transaction”).
The Arena Group intends to use a portion of the cash proceeds to reduce its debt by $26 million from current levels.
Revenue increased 11% to $63.4 million compared to $57.3 million in the prior year quarter.
For additional information regarding non-GAAP financial measures, see “Use of Non-GAAP Financial Measures” and “Net Loss to Adjusted EBITDA Reconciliation” below.

Comscore Moves Ahead with Reverse Stock Split

Retrieved on:

Monday, December 18, 2023

Additional notification thresholds, Security (finance), SCOR, Exercise, CUSIP, Growth, Letter, Comscore

RESTON, Va., Dec. 18, 2023 /PRNewswire/ -- Comscore, Inc. (Nasdaq: SCOR) ("Comscore" or the "Company") announced today that it will move forward with a 1-for-20 reverse stock split of its issued and outstanding common stock. The Company expects its common stock to begin trading on a split-adjusted basis on the Nasdaq Global Select Market with the opening of trading on Wednesday, December 20, 2023.

Key Points:

As indicated in Comscore's October shareholder letter, a reverse split is needed to comply with Nasdaq listing requirements
Continued positive momentum with expected achievement of 2023 financial guidance while launching differentiated new products, setting Comscore up for a strong 2024 and beyond
RESTON, Va., Dec. 18, 2023 /PRNewswire/ -- Comscore, Inc. (Nasdaq: SCOR) ("Comscore" or the "Company") announced today that it will move forward with a 1-for-20 reverse stock split of its issued and outstanding common stock.
The reverse stock split is intended to bring Comscore into compliance with Nasdaq's $1.00 per share minimum bid price requirement for continued listing and make the Company's stock more attractive to a broader range of institutional and other investors.
Comscore's common stock will continue to trade on the Nasdaq Global Select Market under the symbol "SCOR" following the reverse stock split, with a new CUSIP number of 20564W204.
After the reverse stock split, the number of outstanding shares of common stock will be reduced from approximately 95.1 million to approximately 4.8 million, subject to adjustment for fractional shares.

IAB Announces Powerful ALM Speaker Lineup and Themes Addressing Evolving Digital Advertising Marketplace; Organization Also Unveils 2024 Events Schedule

Retrieved on:

Thursday, November 30, 2023

NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The Interactive Advertising Bureau (IAB), the digital media and marketing trade association, today unveiled its 2024 thought leadership and marketplace events schedule. Aiming to excite, inspire, and motivate, the event lineup addresses key issues across marketing, AI, streaming, gaming, retail, and public policy, as well as responsible media and data use.

Key Points:

Save the Date for IAB's 2024 Events Including the IAB Annual Leadership Meeting (ALM), IAB PlayFronts, IAB NewFronts, IAB Podcast Upfront, IAB Public Policy & Legal Summit, IAB Privacy Compliance Salon, and IAB State Privacy Law Summit
NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The Interactive Advertising Bureau (IAB), the digital media and marketing trade association, today unveiled its 2024 thought leadership and marketplace events schedule.
In addition to the various sessions, IAB will host a CMO-centric breakfast addressing the critical role of marketers in leading AI efforts."
IAB Public Policy & Legal Summit 2024 , April 2, 2024, Washington, D.C., In-person
With new regulations and state privacy laws taking effect, the digital media landscape is constantly evolving.
IAB Podcast Upfront 2024 , May 9, 2024, New York City, In-person & Virtual
Following IAB NewFronts, IAB Podcast Upfront is designed for brands, agencies, and media buyers to preview the latest in innovative podcast programming.