Parade Media

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

Retrieved on: 
Tuesday, November 14, 2023
Marketing, Communications, Social Media, Content Marketing, Media, Publishing, Webcast, EBITDA, Simplification, Pageview, Three Months, Acquisition, Arena, NYSE, Balance sheet, TheStreet, Job Creators Network, Parade, Sports Illustrated, Accounting, Ecosystem, OTT, Advertising, Parade Media, Travel, Social media, Digital, Adjustment, Comscore, CTV, Marlo Anderson, HubPages, Growth, OTA, Liquidity, Lifestyle, Environment, Mountaineering, Google Analytics, Cryptocurrency, Video game, Music, Film industry, Beauty salon, Bookkeeping, Management, Bank, Entertainment, 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.

The Arena Group Reports Second Quarter 2023 Financial Results; Announces Strategic Expansion and a Three-Year Extension of its Debt Facility

Retrieved on: 
Monday, August 14, 2023
Technology, Publishing, Entertainment, Advertising, Electronic Commerce, Online, Communications, TV and Radio, Internet, Benchmarking, Sport, Astrology, CTV, OTT, Balance sheet, Pageview, MVPD, Parade, TheStreet, Acquisition, Sports Illustrated, Operative, Digital, Three Months, NYSE, Simplification, Golf, Google Analytics, Growth, Security (finance), Liquidity, Bill Maher, NewsNet, FAST, E-commerce, Comscore, Lifestyle, Webcast, Adjustment, Letter, Parade Media, Partnership, HubPages, Similarweb, Sports complex, OTA, Arena, EBITDA, Wine, Cryptocurrency, Video game, Music, 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.

The Arena Group Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023
Technology, General Sports, Entertainment, Online, Consumer, Media, Lifestyle, Sports, Publishing, Digital Marketing, Communications, Internet, Data Management, Licensing (Entertainment), Liquidity, Benchmarking, Sport, Media Group, HubPages, OTT, Google Analytics, Balance sheet, Arena, Canadian Tire money, Parade, NYSE, Comscore, EBITDA, Journal, TheStreet, Acquisition, Television, Commerce, Sports Illustrated, Webcast, Bike Magazine, Winter Olympic Games, Growth, Digital, Apple News, AI, Parade Media, Three Months, News, Social media, Operative, Mobile phone, Cryptocurrency, Bookkeeping, Video game, Powder, Adjustment

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 (“Parade”), Men’s Journal, and HubPages, today announced financial results for the three months ended March 31, 2023 (“Q1 2023”).

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 (“Parade”), Men’s Journal, and HubPages, today announced financial results for the three months ended March 31, 2023 (“Q1 2023”).
  • 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, “During the first quarter, The Arena Group continued its growth trajectory and outpaced peers in the competitive digital publishing space.
  • The Arena Group offers a compelling platform for achieving this at scale with nearly 100 million monthly users as of March 2023, according to Comscore.

The Arena Group Announces Four New Sports Properties Will Launch on the Platform

Retrieved on: 
Monday, March 6, 2023
Media, Entertainment, Sports, General Sports, Podcast, Blogging, Wrestling, Football, Publishing, Advertising, Communications, Martial Arts, Sports Illustrated, Spun, Senior, Google Analytics, SE, NYSE, NFL, News, Comscore, Atos, Commercial software, Arena, Sports Illustrated Swimsuit Issue, The Hockey News, Sport, Love, Parade Media, Total, Media Group, College Football News, National Football League Draft, Mobile phone

The four media properties will utilize The Arena Group’s robust set of platform capabilities, joining more than 200 brands benefiting from its technology infrastructure, enterprise-wide advertising opportunities, distribution, artificial intelligence capabilities, and more.

Key Points: 
  • The four media properties will utilize The Arena Group’s robust set of platform capabilities, joining more than 200 brands benefiting from its technology infrastructure, enterprise-wide advertising opportunities, distribution, artificial intelligence capabilities, and more.
  • Further, Sports Illustrated Media Group will add millions of users and advertising impressions to its footprint as a top-five U.S. sports property.
  • The new properties joining the Sports Illustrated Media Group are:
    AtoZ Sports is a local sports media network rapidly expanding across the NFL with 3 million unique users per month, according to Google Analytics in February.
  • AtoZ provides NFL fans with real-time updates for their favorite team providing extensive analysis, reaction, live shows, podcasts, video, and more.