AMG/Parade

The Arena Group to Expand Parade’s High-Growth Digital Business

Retrieved on: 
Friday, September 16, 2022
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Using our proven playbook, we have nearly tripled the number of unique visitors to the established Parade digital assets by further investing in our rapidly growing Lifestyle vertical, said Ross Levinsohn, Chairman and Chief Executive Officer of The Arena Group.

Key Points: 
  • Using our proven playbook, we have nearly tripled the number of unique visitors to the established Parade digital assets by further investing in our rapidly growing Lifestyle vertical, said Ross Levinsohn, Chairman and Chief Executive Officer of The Arena Group.
  • "The ongoing evolution of both the media business and consumer behavior, along with macroeconomic factors contribute to this shift in strategy.
  • The Arena Group acquired AMG/Parade with brands including Parade Media, enabling the creation of the Companys new Lifestyle vertical in April 2022.
  • There are no changes to other print publications of The Arena Group.

The Arena Group Names Chris Pirrone as Senior Vice President/General Manager of Sports

Retrieved on: 
Thursday, June 9, 2022
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The Arena Group (NYSE American: AREN) (the Company or The Arena Group) announced today the appointment of Chris Pirrone as Senior Vice President and General Manager of Sports.

Key Points: 
  • The Arena Group (NYSE American: AREN) (the Company or The Arena Group) announced today the appointment of Chris Pirrone as Senior Vice President and General Manager of Sports.
  • View the full release here: https://www.businesswire.com/news/home/20220609005796/en/
    As GM of Sports, Pirrone will oversee the growth of The Arena Groups Sports Illustrated Media Group, anchored by Sports Illustrated.
  • (Photo: Business Wire)
    As General Manager of Sports, Pirrone will oversee the growth of The Arena Groups portfolio of sports sites, known as Sports Illustrated Media Group, anchored by Sports Illustrated .
  • We are thrilled to have Chris lead the next wave of innovation at Sports Illustrated and The Arena Groups sports vertical.

The Arena Group Anticipates Preliminary Revenue of Approximately $47 Million for the First Quarter of 2022

Retrieved on: 
Thursday, April 28, 2022
Publishing, Online, Communications, Other Entertainment, Entertainment, Love, Intention, U.S. Securities and Exchange Commission, NYSE, TheStreet, Arena, Investment, HubPages, Sports Illustrated, COVID-19, Technology, AMG/Parade, Growth, Forward-looking statement, Advertising, Company, Annual report, Security (finance), Marketing, Data management, News, Investor relations, Webcast, Sport, Â, Journalism, Review, Video game

The preliminary unaudited financial results do not include any contribution from AMG/Parade, which was acquired subsequent to the first quarter.

Key Points: 
  • The preliminary unaudited financial results do not include any contribution from AMG/Parade, which was acquired subsequent to the first quarter.
  • Revenue expected to be approximately $47 million, an increase of approximately $14 million, or 44%, compared to the first quarter of 2021, driven by a more than doubling of digital advertising revenue.
  • As a result of the increase in revenue, gross profit more than tripled to approximately $20 million for the first quarter of 2022 from $5 million reported in the prior year quarter.
  • We expect to issue full financial results for the first quarter of 2022 on May 4, 2022.

The Arena Group Finalizes AMG/Parade Acquisition, Powers Growing Lifestyle Vertical and Expands Sports Offerings

Retrieved on: 
Monday, April 4, 2022
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The Arena Group (NYSE American: AREN) (the Company or The Arena Group) today announced the completion of its acquisition of premium multimedia content company AMG/Parade.

Key Points: 
  • The Arena Group (NYSE American: AREN) (the Company or The Arena Group) today announced the completion of its acquisition of premium multimedia content company AMG/Parade.
  • We are thrilled to formally welcome AMG/Parade to The Arena Group family of media brands.
  • Parade Media Lifestyle brands, respectively led by Parade , Relish , and Spry Living , join Lifestyle brands owned and operated by The Arena Group like HubPages, Fashionista, and Pet Helpful.
  • Arenas Finance vertical, TheStreet Finance Group, increased by 249% in February vs. October 2021 to more than 17 million monthly UVs.

The Arena Group Drives Largest Audience Growth Month In Its History According to ComScore, Reaching More Than 112 Million Users

Retrieved on: 
Thursday, March 3, 2022
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Its sports vertical, Sports Illustrated Media Group, now reaches more than 92 million UVs, growing more than 35% month-over-month.

Key Points: 
  • Its sports vertical, Sports Illustrated Media Group, now reaches more than 92 million UVs, growing more than 35% month-over-month.
  • The media property recorded over 92 million monthly UVs, a 35% increase from Decembers 68.6 million users.
  • TheStreet Finance Group also saw significant growth, jumping over 92% month-over-month with a recorded 6.8 million new active users, for 14.3 million monthly UVs, in January versus 7.4 million reported in December.
  • In February, The Arena Group saw its shares listed on the NYSE American while raising $30 million in new capital.

The Arena Group Announces Plans to Acquire AMG/Parade

Retrieved on: 
Tuesday, January 18, 2022
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The Arena Group (OTCQX: MVEN) (the Company or The Arena Group) today announced it has signed an agreement to acquire AMG/Parade, a premium multimedia content company with lifestyle, celebrity, food, health & wellness, sports, and outdoor verticals.

Key Points: 
  • The Arena Group (OTCQX: MVEN) (the Company or The Arena Group) today announced it has signed an agreement to acquire AMG/Parade, a premium multimedia content company with lifestyle, celebrity, food, health & wellness, sports, and outdoor verticals.
  • AMG/Parades properties bring massive reach across print, digital and video that will be the cornerstone of The Arena Groups new Lifestyle vertical and further bolster our Sports offerings, said Ross Levinsohn, CEO of The Arena Group.
  • Further, in November, The Arena Group reached 82.1 million unique visitors across its properties, placing it in Comscores Top 50 of all media properties for the first time.
  • "We are extremely excited about the opportunity to be part of The Arena Group.

The Arena Group and Sports Illustrated Media Group Score Record Results in November 2021 ComScore Ratings

Retrieved on: 
Tuesday, December 21, 2021
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It is the first time in the history of Sports Illustrated that it has entered the Top 5 of all sports sites.

Key Points: 
  • It is the first time in the history of Sports Illustrated that it has entered the Top 5 of all sports sites.
  • Our teams efforts to provide premium content on our platforms continue to drive rapid growth and tremendous momentum across our media properties, said Ross Levinsohn, CEO of The Arena Group.
  • The Arena Group ranks at #49 on ComScore's MultiPlatform November Report for Desktop 2+ and Mobile 13+ audience with 82.1MM UVs (#51 for Mobile 18+).
  • Sports Illustrated (SI) is an unparalleled and influential leader recognized for shaping modern culture and uniting athletes, teams and fans worldwide.

Maven Rebrands as The Arena Group, Expanding Business Strategy Around Consumer Media Verticals Anchored by Flagship Brands

Retrieved on: 
Monday, September 20, 2021
Communications, Other Energy, Technology, Other Technology, Energy, Software, Other Communications, News, Partnership, Maven, Sport, Arena, OTC, Spun, Annual report, Hiss Spun, Sports Illustrated, AMG/Parade, Commerce, The Hockey News, HHI, Private Securities Litigation Reform Act, Marketing, Comscore, Industry, CEO, Google Analytics, Journalism, Ageing, Terminology, Love, Acquisition, Leadership, Gambling, Commercial software, Forward-looking statement, Millennials, TheStreet, Digital, SEC, Form 10-Q, Video game

This new identity celebrates the companys efforts over the past year to focus its core business strategy - building scalable media verticals, dubbed Arenas, on a dynamic single technical platform, around passionate consumer interests.

Key Points: 
  • This new identity celebrates the companys efforts over the past year to focus its core business strategy - building scalable media verticals, dubbed Arenas, on a dynamic single technical platform, around passionate consumer interests.
  • The Arena Group saw an opportunity to sharpen its focus around building high-performing flagship brands that could cross-pollinate value for publishers within each verticals ecosystem.
  • Recurring subscriptions across all of The Arena Groups properties now account for 55% of overall revenue.
  • Females now represent a quarter of the sports verticals audiences, up 42% since Sports Illustrated came under The Arena Group.

Sports Illustrated Media Group Shows Fastest Growth in History; Jumps 5 spots on Comscore and now ranks #6 Across Sports Media in the United States, Grows 293% Year Over Year

Retrieved on: 
Monday, August 30, 2021
Advertising, Communications, Sports, Technology, General Sports, Internet, Publishing, The Hockey News, Photography, Growth, Love, Life, Comscore, Spun, Society, AMG/Parade, Marketing, Sport, OTC, American Society of Magazine Editors, News, CEO, Sports Illustrated, Best Sports Movie ESPY Award, Commercial software, Athlete, SI, HubPages, Entertainment, Public relations

SI Media Group is a collective of leading online sports brands anchored by Sports Illustrated (SI.com) , and inclusive of The Spun, FanNation, Hockey News, Morning Read, and Athlon Sports.

Key Points: 
  • SI Media Group is a collective of leading online sports brands anchored by Sports Illustrated (SI.com) , and inclusive of The Spun, FanNation, Hockey News, Morning Read, and Athlon Sports.
  • SI Media Group climbed four spots on the Comscore list, ranking #10 in June 2021.
  • Maven also saw substantial growth across its portfolio of assets, including The Street, HubPages, and more than 200 other brands.
  • Maven jumped 24 spots on the Comscore 100 to number 66 overall with more than 61 million monthly users.