Tag Archives: XLMedia

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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XLMedia confirms departure of Yehuda Dahan as CFO

London AIM-listed industry affiliate marketing publisher XLMedia Plc has confirmed that Yehuda Dahan has informed corporate governance of his decision to step down as Chief Financial Officer (CFO) with immediate effect. Updating stakeholders, XLMedia governance has moved to install Liat Hellman, the current financial lead of subsidiary portal Webpals, as his interim replacement. Led by Chairman Chris Bell, the XLMedia …

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Publishing focused XLMedia sells Webpals Mobile asset

The governance of London AIM-listed industry affiliate marketing publisher XLMedia Plc has confirmed the sale of Webpals Mobile, the firm’s app marketing subsidiary to Israel-based ad-tech and SaaS solutions provider PLYmedia. XLMedia governance has chosen not to disclose the terms of sale related to the transaction, detailing that company maintains its long-term strategy of focusing on ‘higher-margin publishing activities’. ‘Webpals …

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XLMedia to be led by Rakuten’s Stuart Simms

Rakuten‘s Stuart Simms has been confirmed as the new chief executive officer for digital performance marketing services provider XLMedia, replacing Ory Weihs from October 2. Weihs is due to continue his position as CEO until Simms’ arrival, and thereafter will remain on the board as a Non-executive Director of the Company. From the date of Simms’ appointment, Weihs will continue to …

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XLMedia reports operational challenges amid gambling regulation uncertainty

Digital performance marketing services provider, XLMedia, has reported a “challenging year” after its full year report, ending 31 December 2018, saw revenues, gross profit and EBITDA take a hit. The group attributed this primarily to “operational challenges”, with its 2018 performance impacted by the “adverse impact of gambling regulation uncertainty in specific territories, website ranking issues impacted by spamming and …

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