Business
October 7, 2022
Catena to Save €5M in Europe and Re-Invest in the US
In August, Catena Media Plc announced it would scale down its European assets while throwing the focus on the North American market. This came after the company decided to place all assets on the Old Continent under strategic review on May 20, right before its interim results came out. Now, the company has announced that […]
Industry
August 18, 2022
Catena Media’s Momentum Came to a Halt
Catena Media, a publicly-listed media company, has published its financial results for the second quarter of the year. Although the company opened 2022 with record-breaking Q1 results, the company seems to have lost its momentum. Catena Media’s Revenue Declined Catena Media didn’t manage to surpass its record-breaking Q1 financial results. The company shared that it […]
Business
August 10, 2022
Catena to Scale down EU Assets and Focus on NA
Catena Media, a publicly-listed company, will evaluate its European business. This review aims to pinpoint the company’s weaker casino and betting segments. The company plans to take a closer look into all of its gambling segments and decide which ones to scale down and by how much. Catena Will Review Its EU Businesses Catena Media […]
Business
August 4, 2022
Catena Media Joins NJ.com to Deliver Sports and Casino Content
Catena Media has announced a new partnership with Advance Local, the owner of NJ.com, a news and information website, which is now going to double down on casino and betting coverage with help from one of the most prominent companies in the space. Informing Readers on Sports and Casino Trends Catena and Advance Local have […]
Business
June 24, 2022
Catena Media Integrated Spotlight Sports Group’s Superfeed
Sports betting technology, content, and media company Spotlight Sports Group announced today an agreement with online lead generation specialist Catena Media for the integration of Spotlight’s Superfeed content into Catena Media’s GG.co.uk and racingtips.com horse racing websites. ‘Insightful Betting Analysis’ The new agreement with Spotlight Sports Group will bring the entire international content provided by […]
Business
June 22, 2022
Catena Media Appoints Craig Harman as Head of Product
Catena Media has promoted Craig Harman as its new head of product. The company is doubling down on its commitment to nurture its talent internally and offer promising employees and executives more responsibilities that align with their personal goals and the company’s broader outlook for the industry and its place in it. Harman an Important […]
Industry
May 20, 2022
Catena Media Launches Strategic Review, Considers Asset Sales
Gambling affiliate operator Catena Media published a press release today to signify that third-party interests to acquire certain Catena Media assets triggered a strategic review of the business. Sales of Assets Effect Evaluation In the official statement, Catena Media outlined the board’s commitment to continuously evaluate any strategic initiatives for the company, including “potential transactions, […]
Industry
May 18, 2022
Catena Media Reports All-Time High Revenues in Q1
Catena Media has published its interim report for January-March 2022, reporting Q1 revenue of €45.2 million ($47.5 million). The number marks an 11% growth compared to Q1 of 2021 when the company also recorded a strong start of the year and represents an all-time high in revenue and earnings for the company. A number of […]
Business
February 23, 2022
Catena Finishes 2021 With $14.40M in Operating Losses
Catena Media Plc, the record-breaking Stockholm-listed online lead generation company with a retention rate higher than 5 million monthly users, has published its full-year results for 2021. At a quick glance, Catena’s earning performance suffered a blow because of the European sports media assets that the partner-focused company purchased in recent months. Catena Is Determined […]
Business
December 6, 2021
Catena Media Paused Share Buyback Program after Two Rounds
Online lead generator for the iGaming industry Catena Media announced today its share buyback program would be paused in compliance with the requirements of the Maltese Companies Act (MCA) until the holding company has new distributable profits. Share Buyback on Hold The share buyback program that allowed Catena Media to expand its stake to 3.1% after two rounds of share repurchases will now cease […]