Results Showcase 21% Growth in Digital Revenue, a 32% Narrowing of Net Loss and 86% Improvement in Adjusted EBITDA.

The Arena Group today announced that it has signed a definitive agreement under which the Company will combine with Bridge Media Networks, LLC.

The Arena Group announced today the appointment of Katie Kulik as Chief Revenue Officer. The seasoned digital media executive joins The Arena Group’s leadership team on the heels of a year marked by substantial growth and profitability for the Company.

The Arena Group announced the return of a special edition print version of POWDER Magazine celebrating the timeless allure of snow sports and mountain culture. Since its inception in 1972, the brand has chronicled a broad array of the ski and snowboard industry, highlighted by illustrious photojournalism, storytelling, and experiences.

The Arena Group, which controls media brands like Sports Illustrated, Parade and TheStreet, has teamed with FAST channel developer AcTVe to launch five channels tied to action sports magazines in its stable.

The network will consist of more than 100 creators reaching over 100 million followers, covering all genres – from culture to food, fashion, sports, travel, and more – activated to launch rapid integrated social campaigns on TikTok, Instagram, Facebook, and YouTube with original creator content, exclusive editorial coverage, OTT offerings, and over-the-air channels.

The Arena Group announced today the appointment of Grady Tripp as Senior Vice President, People.

The Arena Group today announced that it has signed a binding letter of intent with Simplify Inventions, LLC and its founder, Manoj Bhargava to acquire certain assets of its subsidiary Bridge Media Networks, creating a well-capitalized, growing media leader with digital, commerce, print and video capabilities all supported by a unified technology platform.

The Company once again generated year-over-year top- and bottom-line improvements in Q2 2023, growing revenues by 9% while reducing total operating expenses by 2%, leading to a 34% improvement in gross profit, a $2.7 million improvement in net loss, and a $4.1 million improvement in adjusted EBITDA compared to the three months ended June 30, 2022.

Manoj Bhargava, a businessman who founded the caffeine beverage brand 5-Hour Energy and owns TV news stations, has agreed to acquire a majority stake in the publisher of Sports Illustrated.

Available free on iOS and Android this innovative app combines TheStreet’s breaking news, trading, and investing ideas with Tornado’s world-class technology, data, and vibrant investing community.

Through an exclusive licensing deal, the podcast will be featured on one of its core flagship lifestyle brands, Men’s Journal (MensJournal.com), and provide fans with new episodes every Sunday with exclusive behind-the-scenes clips not found anywhere else.

The Arena Group continued to generate top-line improvements in Q1 2023, growing revenues by 7% year-over-year while holding total operating expenses steady, which increased by only 2% compared to the first three months ended March 31, 2022.

The Arena Group today announced that it has entered into definitive agreements with existing shareholders for the issuance and sale of 2,963,918 shares of its common stock at an offering price of $3.88 per share.

The Arena Group and Gaud-Hammer Gaming Group today announced the launch of Esports Illustrated, a new media platform dedicated to providing exclusive, in-depth coverage of esports with analysis, team interviews, and behind-the-scenes glimpses of major competitive gaming events.

Sports Illustrated Media Group today announced that it is partnering with four properties to grow and expand the publisher’s existing coverage across professional football, college sports, wrestling, and mixed martial arts.

Teaming up with course analytics firm Golf Intelligence to give the newfangled rankings number crunching gravitas, the system measures the past 12 months of player results while also factoring strength-of-field and course difficulty into the equation.

The Arena Group today announced certain key preliminary and unaudited financial results for the full year ended December 31, 2022.

The publisher of Sports Illustrated and other outlets is using artificial intelligence to help produce articles and pitch journalists potential topics to follow, the latest example of a media company investing in the emerging technology.

The Arena Group today announced strategic development partnerships with two Artificial Intelligence firms – Jasper and Nota – to speed and broaden its AI-assisted efforts in content workflows, video creation, newsletters, sponsored content, and marketing campaigns.

The sports, finance and lifestyle publisher The Arena Group, which houses editorial titles including Sports Illustrated, The Street and Parade, has acquired Fexy Studios, a digital video and content production studio with a focus on food media, in a stock-and-cash transaction.

Today, The Arena Group announced that it has acquired Fexy Studios, an award-winning creative agency that produces television shows, streaming and digital video programming, and branded content across a variety of mediums including desktop and mobile web, OTT, broadcast television, YouTube, Twitch, Instagram, Facebook, webinars, and more.

The Arena Group today announced that it has entered into a definitive agreement to acquire the digital assets of Men’s Journal, Men’s Fitness, Surfer, Powder, Bike, SKATEboarding, Snowboarder and NewSchoolers from accelerate360.

The Arena Group today announced that it has entered into a definitive agreement to acquire the digital assets of Men’s Journal, Men’s Fitness, Surfer, Powder, Bike, SKATEboarding, Snowboarder and NewSchoolers from accelerate360.

The Arena Group, a publicly traded digital-publishing company, plans to acquire the digital assets of Men's Journal and of Adventure Sports Network from Accelerate360 for $28.5 million, the company said.

Total revenue for the third quarter was $66.7 million, the largest quarterly revenue in Company history and $180.0 million in revenue for the first nine months, a 41% increase.

The Arena Group media company today announced further investment in its data infrastructure for advertising partners to optimize audience reach.

The Arena Group, a digital-media publisher operating a roster of over 240 brands including Sports Illustrated as well as The Street, The Spun and Parade, is amping up their golf coverage by acquiring Morning Read from Buffalo Groupe.