Tag Archives: XLMedia

XLMedia has continued to feel the effects of Google’s ‘manual ranking penalty’ on its corporate trading, but remains optimistic on its objective of delivering ‘a material recovery in financial performance in 2021’. Publishing its 2020 interim statement (period ending 30 June), the affiliate marketing publisher detailed that the combined effects of COVID-19 and Google ranking penalties had resulted in monthly …

Affiliate marketing publisher XLMedia has confirmed that Amit Ben Yehuda will step down from the company’s board. Yehuda, who initially joined XLMedia in 2016, will step down as Non-Executive Director of the Company with immediate effect. Chris Bell, Chairman of XLMedia, commented: “I would like to express my personal gratitude to Amit for the wise counsel he has provided over …

Affiliate marketing publisher XLMedia has continued to battle the effects of a Google deranking, with projected revenues expected to fall short of previous quarters. Publishing a trading update for the first six months of 2020, XLMedia predicts that revenues will amount to approximately £27.5 million, while EBITDA is forecasted to reach approximately £3.5 million. XLMedia said: “As anticipated, monthly revenue …

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 …

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 …

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 …

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 …

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 …

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 …