Tag Archives: Catena Media

Former Catena Media CEO Michael Daly has joined cashless payments provider Marker Trax as its Chief Operating Officer.  The new appointee’s previous record in the gambling industry may hint at growing interest in the gaming sector from Marker Trax. In addition to Catena, Daly was at some point also part of a number of gaming technology companies, such as GAN …

Catena Media continues to face “ongoing commercial challenges in core markets”, as leadership initiates cost base actions to reduce expenditure and improve earnings efficiencies.  Global performance stagnates in Q4  Operating revenue for the period October-December 2024 came in at €10.2m, reflecting a 30% decrease on Q4 2023 comparatives of  €14.5m.  Quarterly revenue stagnation also affected Catena’s presence in its primary …

Catena Media Plc has initiated a tender process to appoint a new independent auditor for the Stockholm-listed iGaming media group. This morning, markets were notified that the board of Catena has begun the process of electing an auditing firm to validate its corporate accounts for the financial year ending 31 December 2025. As detailed: “This process was initiated in accordance …

The board of Catena Media Plc has elected Stephen Taylor-Matthews to serve as a Non-Executive Director (NED) of the Stockholm-listed iGaming media group. An expert in data analytics and insights for sports betting and iGaming, Taylor-Matthews is the founder of Polynate – an innovation studio developing new AI engagements for sports audiences. Taylor-Matthews has also led technology units and projects …

Catena Media Plc has booked a non-cash impairment charge of €40m ahead of publishing its Q3 trading results on 7 November 2024. The impairment charge is recognised as Catena has authorised a writedown of “specific sports betting assets” as part of the media group’s transition to a new operating model. As disclosed in H1 trading, Catena modified its remaining US 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. …