Tag Archives: Catena Media

Catena Media Plc reports progress in transitioning its business to a new operating model, prioritising US growth, media rankings, partnerships, and projects. The Stockholm-listed iGaming media group has published its interim H1 2024 accounts, providing the first insights into a new leadership team led by Manu Stan (CEO) and Michael Gerrow (CFO). H1 accounts show corporate revenues standing at €29m, …

Catena Media has announced Jasleen Kals as its new Vice President Product as the company transitions to a product-first operating model.  The expansion of Catena’s executive team represents a strategic move towards revenue growth for H2 2024.  In its latest Q1 financial update, the media firm revealed to investors “another quarter of underperformance”, registering a 50% decline in corporate revenues …

Catena Media details continued struggles in its corporate recovery, as the media firm implements a ‘new operating model’ to secure improved organic growth in H2 trading. Updating investors, Catena summarised its Q1 financial performance as “another quarter of underperformance” opening its 2024 accounts. Headline results saw Catena register a 50% decline in corporate revenues from continued operations of €16m (Q1 …

The board of Catena Media Plc has confirmed the appointment of Manuel ‘Manu’ Stan as CEO of the Stockholm-listed affiliate media publisher. Investors were informed that “Manuel will lead Catena Media’s North American and global market operations from Las Vegas, where he is based. He will assume his position on July 1, 2024.” The appointment sees Stan succeed Michael Daly, …

The board of Catena Media Plc has this afternoon announced that Michael Daly has chosen to step down as Chief Executive Officer with immediate effect. Investors of the Nasdaq Stockholm affiliate and media publisher were informed that Pierre Cadena, VP Corporate Strategy, will assume the role of interim CEO, leading the firm’s ongoing reorganisation to focus on North American growth. …

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Catena Media Plc has initiated an extensive internal investment programme to advance its tech platform and AI capabilities, as investors are warned that challenging trading conditions will continue until the second half of 2024. The Stockholm-listed igaming media group published its full-year 2023 results, reporting a dire close to year trading, registering Q4 revenues of €14.5m, a decrease of 41% …

Catena Media has confirmed the appointment of Sean Hurley as a non-executive director (NED) of the Stockholm-listed iGaming media publisher. Hurley will fill the position vacated by Per Widerström, who resigned from Catena’s board in September, fulfilling the requirements to become Group CEO of 888 Holdings. Investors were informed that Hurley’s NED appointment “will become effective once all necessary filings …

Oddschecker Global Media has disclosed that it has acquired the Italian sports media property, SuperScommesse, from Catena Media. This morning, publishing its Q3 trading update, Catena Media informed that it had sold all of its Italian media properties to two undisclosed buyers for €19.8m. Oddschecker, known as the UK and Australia’s largest sports betting publisher, would later announce that it …

Catena Media has shed further insight into the full sale of its sports betting and casino media assets for Italy. The transaction was announced this morning, separate from its Q3 trading update, in which Catena detailed continued revenue declines as it transitions its North American network from cost-per-acquisition (CPA) contracts to a revenue share model. A deal to sell its …