![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Xlmedia Plc | LSE:XLM | London | Ordinary Share | JE00BH6XDL31 | ORD USD0.000001 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.25 | -2.44% | 10.00 | 9.50 | 10.25 | 10.275 | 9.875 | 10.25 | 161,489 | 16:35:19 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Advertising, Nec | 50.96M | -47.05M | -0.1792 | -0.55 | 26.92M |
TIDMXLM
RNS Number : 1380I
XLMedia PLC
01 December 2022
1 December 2022
XLMedia PLC
("XLMedia" or the "Group" or the "Company")
XLMedia and Newsweek Sign Exclusive Sports Content Partnership Deal
XLMedia to create sports betting content and drive revenue for premier national news brand, Newsweek.
LONDON, December 1, 2022 -- XLMedia PLC (AIM: XLM) the global digital media company that manages a portfolio of premium brands with an emphasis on sports and gaming in regulated markets, announces a new partnership with Newsweek to exclusively supply premium sports betting content for the global news brand, reaching 50M unique readers across the U.S. each month. XLMedia will supply the exclusive content through its Sports Betting Dime brand.
Newsweek represents XLMedia's largest national media partner to date, offering substantial audience reach across the US in both current states with legalised online sports betting and future states as sports betting continues to legalise across the country.
XLMedia has an industry-leading media partnership business offering prominent publishers across the U.S. and Canada access to high quality commercial content and high-value advertiser relationships. The partnership is enhanced by Newsweek's strong readership due to the decades of authority built from its high-quality news reporting, well-known magazine publication and daily destination website, newsweek.com.
Within the agreement, XLMedia will focus on creating highly engaging sports betting content while also managing commercial deals with regulated sportsbook operators and executing proven monetisation strategies. The deal provides Newsweek a new opportunity in content commerce and a new content offering for its audience. The company expects this deal to make an initial contribution to revenue in 2023 with the potential to grow over the medium term.
David King CEO, XLMedia commented:
"We are thrilled to partner with Newsweek, adding another high-quality publisher to our partnership business, and we look forward to working with them. This partnership is an important part of expanding our reach in existing legal sports betting states while also laying the ground to reach new audiences when new states legalise online sports betting."
For further information, please contact:
XLMedia plc David King, Chief Executive Officer ir@xlmedia.com Caroline Ackroyd, Chief Financial Officer via Vigo Consulting www.xlmedia.com Vigo Consulting Tel: 020 7390 0233 Jeremy Garcia / Kendall Hill www.vigoconsulting.com Cenkos Securities plc (Nomad and Joint Tel: 020 7397 8900 Broker) Giles Balleny / Max Gould www.cenkos.com Berenberg (Joint Broker) Tel: 020 3207 7800 Mark Whitmore / Richard Andrews / Jack Botros www.berenberg.com
About XLMedia:
XLMedia (AIM: XLM) is a leading global digital media company that creates compelling content for highly engaged audiences and connects them to relevant advertisers.
The Group manages a portfolio of premium brands with a primary emphasis on Sports and Gaming in regulated markets. XLMedia brands are designed to reach passionate people with the right content at the right time.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
AGRBMBATMTAJBPT
(END) Dow Jones Newswires
December 01, 2022 02:00 ET (07:00 GMT)
1 Year Xlmedia Chart |
1 Month Xlmedia Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions