Tag Archives: Catena Media

Raketech names Karlsten as new COO

Affiliate marketing network Raketech has continued to strengthen its senior leadership team naming Oscar Karlsten as its new Chief Operating Officer. Karlsten joined the company on 1 May 2020, and will take responsibility for Raketech’s central operations, product development and investments, as well as focusing on the group’s creative content, SEO and UX. Commenting on his new role, Karlsten said: …

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Catena Media praises cost-efficiency programme in strong Q1 report 

Catena Media said it has been able to navigate first-stage COVID-19 business complexities, as the company recorded a strong opening to year trading.  Reporting top-line growth across all core metrics, Stockholm-listed Catena recorded a 2% increase in corporate revenues to €26.7 million (Q12019: €26.1m).  Revenue performance was maintained by its casino segment, which contributed 61% of revenues during first quarter …

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Catena Media boosts casino offering to offset sports shortfall

Stockholm-listed industry publisher Catena Media has revealed that it is sourcing ‘alternative revenue streams’ for its sports division, as the COVID-19 pandemic continues to disrupt global sports fixtures. Publishing a trading update for January – February 2020, Catena Media revealed that sports accounted for 35% off its revenues generated during the period, which saw a 5.7% overall increase from €17.1m …

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AskGamblers’ casino dispute service returns $8.8m to players

Online gambling community AskGamblers has revealed that during 2019, its ‘Casino Complaint Service’ recovered players more than $8.80 million in unpaid, delayed or unfairly confiscated money. AskGamblers reveals the figure closing its 2019 accounts, detailing another ‘record-breaking year’ for its online casino customer dispute and arbitration system. The legacy online gambling portal details that its compliant systems team reviewed 9,800 …

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Catena ends CFO hunt appointing Peter Messner as financial lead

Stockholm-listed industry affiliate marketing network Catena Media Plc has confirmed the appointment of Peter Messner as new Group Chief Financial Officer (CFO). Messner will begin his CFO tenure on 1 April 2020, taking over the duties and responsibilities currently held by Erik Edeen as Catena Media’s interim financial lead. A seasoned CFO for digital enterprises, Messner joins Catena’s executive team …

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Catena Media reports revenue losses during ‘challenging’ 2019

Industry affiliate marketing publisher Catena Media has cited a struggling performance across its core business units after recording a 2.1% drop in revenues during full-year 2019 trading. Publishing its end of year report for the period January – December 2019, Catena revealed that revenues were down from €105m in 2018 to €102.8m in 2019. Catena also recorded a 1.8% year-on-year …

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Catena backs i15Media’s new acquisition phase

Seeking to boost its US market profile and coverage, Stockholm-listed Catena Media confirms that it has entered a strategic arrangement with ‘i15Media’, the media investment vehicle established by Chris Grove and Kendall Saville. Updating the market, Catena governance confirms that it has completed its buyout of i15Media US assets, initially triggered in December 2016. Further to the earn-out, Catena governance …

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Raketech appoints ‘proven pro’ Klas Winberg as new CMO

Stockholm-listed industry affiliate marketing network Raketech Group Plc has confirmed the appointment of Klas Winberg as new Chief Marketing Officer (CMO). Winberg joins Raketech’s executive management team from competitor Catena Media, where he formerly served as VP of Sales & Marketing, leading the firm’s commercial disciplines. A proven industry leader in player acquisition, market development and developing effective marketing strategies, Winberg …

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Catena accelerates US and Japan prospects amid Euro slowdown

The governance of Stockholm-listed Catena Media AB has continued to back the firm’s strategic progress and diversification strategy to overcome declines within the UK and Nordics. Competing against tough Q3 2018 metrics and a ‘slowdown in organic growth’ within its marketing verticals, Catena records a 5% decline in Q3 2019 corporate revenues €26.4 million (€27.7m) – with year-to-date revenues tracking at …

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2019 realities see Catena Media diversify strategy and verticals

Publishing its interim H1 2019 results (period ending 30 June), Catena Media Plc said it is ‘working hard to adapt to new market conditions’ facing all industry incumbents. The Stockholm-listed affiliate marketing network reported tough Q2 2019 trading, facing seasonal adjustments, regulatory headwinds and ‘high casino pay-offs’. The tough set of factors see Catena post a flat H1 2019 revenue …

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