B. Riley Securities initiated coverage on Arena Group Holdings with a new price target
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B. Riley Securities initiated coverage of Arena Group Holdings with a rating of Buy and set a new price target of $15.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/8/2022 | $15.00 | Buy | B. Riley Securities |
B. Riley Securities initiated coverage of Arena Group Holdings with a rating of Buy and set a new price target of $15.00
- Reuters
The iconic sports magazine Sports Illustrated is not closing down as previously feared. Following a tumultuous period marked by layoffs and managerial changes, a new chapter unfolds for the publication. Authentic Brands Group, the owner of Sports Illustrated’s intellectual property rights, has announced a publishing deal that breathes new life into the revered brand. Minute Media has stepped in as the new publisher. Minute Media is home to other complimentary sports and culture content brands, The Players’ Tribune, FanSided, 90min, and its most recent 2024 acquisition, STN Video, which has rights to premium highlights from every major sports league in North America for online video p
The Arena Group Holdings, Inc. (NYSE: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. T
Combination To Expand Video Capabilities Across OTT, CTV, FAST Channels, and OTA As Well As Significant Advertising and Capital Commitments Company will Extend and Amend Long-Term Debt, Strengthening Balance Sheet Simplify Inventions to Invest $50 Million in Cash, Contribute its Bridge Media Network Business and Certain Other Assets and Commit to a Guaranteed Advertising Commitment of $60 Million Investment Consists of Purchase of 5 Million Shares at $5, $25 Million of Preferred Stock and the Contributions of Assets and Advertising Commitment That Will Result in 65% Ownership of Arena The Arena Group Holdings, Inc. (NYSE:AREN) ("we," "us," "our," the "Company" or "The Arena Group"),
The Arena Group Holdings, Inc. (NYSE: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 second quarter ended June 30, 2023, on Monday, August 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 comedic couple on their new podcast, how they celebrate Thanksgiving and the sequel that "should just happen" Link to cover story Link to Video Parade, the premium legacy entertainment and lifestyle brand, released its latest cover story featuring A-list power couple, Melissa McCarthy and Ben Falcone. For the interview, McCarthy, 54, and Falcone, 51, are sitting dressed as if they're ready to do battle during medieval times. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241115831470/en/Melissa McCarthy & Ben Falcone Sparkle on Cover of Parade (Photo: Business Wire) "I'm an owl wizard and she's a sparkly warrior," Falc
Company reduces quarterly operating expenses by 51% vs. the same quarter prior year, drives $13.6 million positive swing in quarterly income from continuing operations, demonstrating transformation plan's rapid effectiveness The Arena Group Holdings, Inc. (NYSE:AREN) ("Arena"), a technology platform and media company home to hundreds of media brands, including TheStreet, Parade Media ("Parade"), Men's Journal, Surfer, Powder and Athlon Sports, today announced financial results for the three and nine months ending September 30, 2024 ("Q3 2024"). The Company's business transformation plan enabled a positive swing of more than $13.6 million in quarterly income from continuing operations in t
On the cusp of the highly anticipated "Yellowstone" return, the heartthrob teases the upcoming final season and discusses how he landed the role, why he first got into acting and his deep family roots in Montana and Hollywood. Link to cover story Link to Video Parade, the premium legacy entertainment and lifestyle brand, released its latest cover story featuring Yellowstone fan favorite, Cole Hauser. In the exclusive interview, Hauser sheds some light on part two of the show's upcoming final season, which premieres Sunday, November 10 on the Paramount Network. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241101127651/en/Cole
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Company Highlights Success of Recent Restructurings, Majority Shareholder Significantly Increases Financial Commitment for Future Growth The Arena Group Holdings, Inc. (NYSE:AREN), today provided an operational update and reported financial results for the three months ended June 30, 2024. Management Commentary "Nearly all of our cost reduction initiatives are complete, leading to an expected over $40 million in eliminated costs on an annual basis," commented Sara Silverstein, The Arena Group's Chief Executive Officer. "As a result, our net losses significantly narrowed, demonstrating that we are on the right path." "We achieved positive Adjusted EBITDA in the current quarter with p
Plan the perfect cruise with tips, deals and Q&As with experienced cruisers The Arena Group, an innovative media company, has launched a new free email newsletter, Come Cruise With Me. The newsletter is a complete guide to navigating the world of cruise vacations, from booking to boarding and beyond. "Come Cruise With Me is about building community where we can spread our love for cruising and help people make their cruises better," said Dan Kline, executive editor at of Come Cruise With Me and editor at large for The Arena Group. "We want to build connections, help people book the right cruise and fix as many pain points as possible before they even board the ship." Subscribers will
SURFER Return this Summer with a Splash and Plans for the Future The Arena Group announces the return of SURFER with a special print edition due out this summer. First published in 1960, this marks the revival of premium surf journalism, world-class photography, as well as a number of other exciting projects in the works. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240423267057/en/Jake Howard, New Editor-in-Chief of SURFER (Photo: Business Wire) The relaunch of SURFER coincides with the appointment of Jake Howard as the brand's new editor-in-chief. A fixture in the surf publishing world for more than 25 years, he brings a w