Associated tags: Journalism, TheStreet, Love, Sports Illustrated, News, Data management, Communications, Media, Publishing, NYSE, Arena, Entertainment, HubPages, Consumer, Digital Marketing, Advertising, Online, Sport, Webcast, Lifestyle, Video game, General Sports, Sports, Comscore
Locations: UNITED STATES, NORTH AMERICA, NEW YORK
Retrieved on:
Tuesday, November 14, 2023
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Sport 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.
Retrieved on:
Wednesday, November 8, 2023
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Broadcasting The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a technology and media company that transforms more than 265 brands, including Sports Illustrated, TheStreet, Parade Media (“Parade”), Men’s Journal, and HubPages, today announced that it will release its financial results for the third quarter ended September 30, 2023, on Tuesday, November 14, 2023 following the close of the market.
Key Points:
- The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a technology and media company that transforms more than 265 brands, including Sports Illustrated, TheStreet, Parade Media (“Parade”), Men’s Journal, and HubPages, today announced that it will release its financial results for the third quarter ended September 30, 2023, on Tuesday, November 14, 2023 following the close of the market.
- Ross Levinsohn, The Arena Group’s Chief Executive Officer; Doug Smith, Chief Financial Officer; and Andrew Kraft, Chief Operating Officer, will host a conference call and live webcast to review the quarterly results and provide a corporate update at 4:30 p.m.
- ET the same day.
- To access the call, interested parties should use one of the below links:
Webcast link for interested listeners: https://edge.media-server.com/mmc/p/feqbkch6
Dial-in registration participant call link: https://tinyurl.com/Arenq3
Following the conclusion of the live call, a replay of the webcast will be available on the Investor Relations section of the Company's website for at least 90 days.
Men,
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Letter,
NYSE American,
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Sport The Arena Group Holdings, Inc. (NYSE American: AREN) (“we,” “us,” “our,” the “Company” or “The Arena Group”), a technology platform and media company home to more than 265 brands, including Sports Illustrated, TheStreet, Parade Media, Men’s Journal, and HubPages, today announced that it has signed a definitive agreement under which the Company will combine with Bridge Media Networks, LLC (“Bridge Media Networks”), a wholly owned subsidiary of Simplify Inventions, LLC (“Simplify”).
Key Points:
- The Arena Group Holdings, Inc. (NYSE American: AREN) (“we,” “us,” “our,” the “Company” or “The Arena Group”), a technology platform and media company home to more than 265 brands, including Sports Illustrated, TheStreet, Parade Media, Men’s Journal, and HubPages, today announced that it has signed a definitive agreement under which the Company will combine with Bridge Media Networks, LLC (“Bridge Media Networks”), a wholly owned subsidiary of Simplify Inventions, LLC (“Simplify”).
- The Arena Group and Simplify previously announced the signing of a binding Letter of Intent between the parties on August 14, 2023.
- Under the terms of the agreement, The Arena Group stockholders will receive one share of common stock of New Arena for each share of The Arena Group common stock they own.
- Pursuant to the proposed transaction, the existing assets of The Arena Group will be combined with the video programming, distribution, and production assets of Bridge Media Networks, including Bridge Media Networks’ two 24-hour networks, NEWSnet and Sports News Highlights, as well as the automotive and travel properties Driven and TravelHost.
Retrieved on:
Thursday, November 2, 2023
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Powder Key Points:
- View the full release here: https://www.businesswire.com/news/home/20231102855928/en/
Katie Kulik, new Chief Revenue Officer of The Arena Group (Photo: Business Wire)
“We’re thrilled to welcome Katie Kulik as our new Chief Revenue Officer,” said Ross Levinsohn, Chairman and Chief Executive Officer of The Arena Group.
- After completing the sale, she was named Chief Revenue Officer of CNET Media Group, a Red Ventures Company.
- "As the Chief Revenue Officer of The Arena Group, I am thrilled to embark on a journey that will elevate our media revenue to new heights," stated Katie Kulik.
- Despite a difficult macroeconomic environment, The Arena Group delivered impressive results in Q2 2023, with revenue growth, improved CPMs, and stable operating expenses.
Retrieved on:
Wednesday, September 6, 2023
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Sales The Arena Group Holdings, Inc. (NYSE American: AREN), a technology platform and media company home to more than 265 brands, including Sports Illustrated, TheStreet, Parade Media, Men’s Journal, and HubPages, today announced that Ross Levinsohn, Chief Executive Officer, Doug Smith, Chief Financial Officer, and Andrew Kraft, Chief Operating Officer will participate in Lake Street Capital Markets’ 7th Annual Best Ideas Growth (BIG7) Conference on Thursday, September 14, 2023.
Key Points:
- The Arena Group Holdings, Inc. (NYSE American: AREN), a technology platform and media company home to more than 265 brands, including Sports Illustrated, TheStreet, Parade Media, Men’s Journal, and HubPages, today announced that Ross Levinsohn, Chief Executive Officer, Doug Smith, Chief Financial Officer, and Andrew Kraft, Chief Operating Officer will participate in Lake Street Capital Markets’ 7th Annual Best Ideas Growth (BIG7) Conference on Thursday, September 14, 2023.
- The conference is being held at The Yale Club in New York City.
- Management will be available for one-on-one and group meetings with investors throughout the day.
- To receive additional information, request an invitation or to schedule a one-on-one meeting, please email [email protected] or contact FNK IR at [email protected] .
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Parade The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a technology platform and media company home to more than 265 brands, including Sports Illustrated, TheStreet, Parade, Men’s Journal, and HubPages, announced today the appointment of Grady Tripp as Senior Vice President, People.
Key Points:
- The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a technology platform and media company home to more than 265 brands, including Sports Illustrated, TheStreet, Parade, Men’s Journal, and HubPages, announced today the appointment of Grady Tripp as Senior Vice President, People.
- Over the last three years, The Arena Group expanded its workforce by 47% while delivering robust annual revenue growth from $53.3 million in 2019 to $220.9 million in 2022.
- In July 2023, The Arena Group collectively ranked #42 on Comscore’s Top 100 Properties, up from #86 in May 2021, and reached nearly 90 million monthly consumers according to Comscore.
- If you’d like to partner with The Arena Group, contact [email protected] or visit thearenagroup.net .
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Bookkeeping For additional information regarding non-GAAP financial measures, see “Use of Non-GAAP Financial Measures” and “Net Loss to Adjusted EBITDA Reconciliation” below.
Key Points:
- For additional information regarding non-GAAP financial measures, see “Use of Non-GAAP Financial Measures” and “Net Loss to Adjusted EBITDA Reconciliation” below.
- Chairman and Chief Executive Officer of The Arena Group, Ross Levinsohn, said, “This is a watershed moment for The Arena Group.
- The conference call will also be webcast live on the Investor Relations section of The Arena Group’s website at https://investors.thearenagroup.net/news-and-events/events .
- ET on August 28, 2023 by dialing 877-481-4010 (United States) or 919-882-2331 (international) and using the passcode 48775.
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Cryptocurrency The Arena Group intends to use a portion of this cash to reduce its debt by $20 million from current levels.
Key Points:
- The Arena Group intends to use a portion of this cash to reduce its debt by $20 million from current levels.
- The addition of Bridge Media Networks’ assets is expected to be accretive to The Arena Group’s earnings in 2024 and beyond.
- Simplify Inventions LLC, IV Media LLC and Bridge Media Networks LLC are all founded and led by Bhargava.
- Despite a challenging advertising market, The Arena Group delivered improved second quarter financial results across key operating metrics, including top-line revenue growth.
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Arena Ross Levinsohn, The Arena Group’s Chief Executive Officer; Doug Smith, Chief Financial Officer; and Andrew Kraft, Chief Operating Officer, will host a conference call and live webcast to review the quarterly results and provide a corporate update at 4:30 p.m.
Key Points:
- Ross Levinsohn, The Arena Group’s Chief Executive Officer; Doug Smith, Chief Financial Officer; and Andrew Kraft, Chief Operating Officer, will host a conference call and live webcast to review the quarterly results and provide a corporate update at 4:30 p.m.
- The conference call will also be webcast live on the Investor Relations section of The Arena Group’s website at https://investors.thearenagroup.net/news-and-events/events .
- A telephonic replay of the conference call will also be available from 7 p.m.
- ET on August 28, 2023 by dialing 877-481-4010 (United States) or 919-882-2331 (international) and using the passcode 48775.
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Nightclub Sports Illustrated Swimsuit and The Arena Group Holdings, Inc. (NYSE American: AREN) rang the opening bell at the New York Stock Exchange today to celebrate the release of the 2023 issue, which is available online and on newsstands today, as well as the SI Swimsuit events that will take place throughout the weekend.
Key Points:
- Sports Illustrated Swimsuit and The Arena Group Holdings, Inc. (NYSE American: AREN) rang the opening bell at the New York Stock Exchange today to celebrate the release of the 2023 issue, which is available online and on newsstands today, as well as the SI Swimsuit events that will take place throughout the weekend.
- (Photo: Business Wire)
“We are proud to unveil the 2023 edition of the Sports Illustrated Swimsuit Issue,” said MJ Day, SI Swimsuit editor in chief.
- “This platform continues to evoke captivating and thought-provoking conversations by featuring an extremely diverse group of women.
- Photos and video of the NYSE Bell Ringing will also be available, courtesy of the NYSE, at [email protected] .