Tag Archives: XLMedia

Refocused XLMedia hires Ken Dorward as US business lead 

XLMedia has this morning confirmed the appointment of Ken Dorward as President of North America and a member of its Global Executive Committee. Dorward joins the London AIM digital publisher having formerly served as Chief Operations Officer of leading US affiliate network Rakuten Inc, where he spearheaded global partnerships, media assets and publisher management. The appointment of Dorward as North …

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XLMedia sanctions Finnish sell-off to underscore transformation makeover

XLMedia has continued to pursue its expansion into ‘high-potential markets’ by instructing Akur Capital to commence its sales process for the majority of its Finnish-facing casino assets and publishing sites. The acquisition will allow XLMedia to ‘deliver more sustainable and predictable growth’ across regulated markets. It supports XLMedia’s three-pronged transformation strategy, which includes further investment into regulated markets, consolidation of …

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XLMedia streamlines executive team in strategy overhaul

Affiliate marketing publisher XLMedia has moved to restructure its executive leadership team in support of the company’s ongoing transformation programme. XLMedia has identified a number of functions and roles which it believes ‘could be streamlined’. It comes as the company looks to ‘leverage both automation and outsourcing, whilst also gravitating towards increased editorial’. Sarah Clark, who joined XLMedia as the …

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Regulatory headwinds contribute to XLMedia 2019 losses

Affiliate marketing publisher XLMedia has reported that 2019 was a year of ‘limited financial progress’ for the group as it sought to ‘mitigate a number of operationally frustrating scenarios and global sector headwinds’. Publishing its results for the year ended 31 December 2019, XLMedia reported a full-year loss after it wrote down the value of its assets, reporting revenues of …

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WhichBingo survey highlights bingo’s shift towards customer safety 

WhichBingo.com has revealed a strong take-up of safer gambling tools and protections as part of its fifth ‘Online Bingo Market Report’. Publishing an in-depth 64-page report of the online bingo marketplace, WhichBingo underlined that operator focus has shifted to consumer needs on safety.  Key research segments of the report include an online bingo player survey, accompanied by both an overall …

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XLMedia strengthens leadership with two appointments

Affiliate marketing publisher XLMedia has strengthened its senior leadership team with the appointment of Iain Balchin as its Group Chief Financial Officer. The appointment will be effective immediately, joining XLMedia from payment optimisation specialist Ixaris Group as Group CFO. Prior to Ixaris, Balchin worked at WorldRemit where he supervised the restructuring of the finance division and preparing the company for …

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XLMedia addresses Google ranking concerns with strategic changes

Affiliate marketing specialist XLMedia has confirmed that it will address concerns over Google’s changes to its search algorithm by increasing the speed at which it implements a range of its strategic initiatives. Last month, XLMedia issued a warning regarding the recent updates to algorithms on Google, stating that the changes could hinder the group’s revenue. In a statement on its …

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XLMedia warns Google rankings could hinder revenues

Affiliate marketing specialist XLMedia has warned that the recent updates to algorithms on Google could hinder the group’s revenue. Publishing a trading update, XLMedia explained that its site demotions within Google were done manually. This was despite it coinciding with search algorithm changes, which were rolled out on 13th January. “On 18 January 2020, the company became aware that a …

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XLMedia outlines strategy for global expansion for 2020

Affiliate marketing publisher XLMedia has outlined plans to bolster its global expansion strategy as confirmed in a business trading update for the remainder of 2019 and the full year to 31 December 2020. Outlined in the trading update was a number of strategic initiatives that XLMedia looks to pursue following a two month internal review initiated by newly appointed CEO …

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XLMedia CEO Stuart Simms appointed to Board of Directors

Affiliate marketing publisher XLMedia has confirmed that its newly appointed CEO Stuart Simms has joined the company’s Board of Directors with immediate effect. Simms, who will hold the position of Director of the Company, joined XLMedia on 2 October replacing the digital performance marketing services provider’s co-founder and long-serving chief executive Ory Weihs. Weihs will continue to support the XLMedia Board, …

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