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SEGG Media Highlights Veloce's Diversified Revenue Engine Following $61 Million Majority Acquisition
Globenewswire· 2026-02-27 16:55
Core Insights - SEGG Media has acquired a controlling interest in Veloce Media Group for $61 million, significantly enhancing its revenue streams and international presence [1][2] - The acquisition is expected to generate over $20 million in revenue for SEGG Media in 2026, driven by Veloce and its subsidiary Quadrant [2][10] Revenue Model - Veloce operates a multi-pillar revenue model across five core verticals, reducing dependency on single revenue streams and creating cross-selling opportunities [3] - In 2025, Veloce's media network generated $2.17 million in digital advertising revenue and hundreds of millions of views across its channels [4] - The creator agency division has generated $620,000 in revenue since its inception, with partnerships with major brands like Audi and Ferrari [4] Quadrant Expansion - Quadrant, acquired in July 2025, is a key growth driver, combining athlete-led brand equity and digital engagement to create diverse revenue streams [5] Leadership in Esports and Sustainable Motorsport - Veloce holds a leadership position in esports and sim racing, providing services for Formula 1 teams and operating its own professional esports events [6] - The company has established credentials in sustainable motorsport, previously operating a championship-leading Extreme E team and entering the FIA Hydrogen World Cup in 2026 [9] Financial Performance - In the second half of 2025, Veloce achieved 1 billion brand impressions and generated $2.45 million in partnership and digital revenue [7] - The company also generated $3.36 million in fee-for-service and sponsorship revenue from its development academy in 2025 [8] Strategic Impact - The acquisition of Veloce enhances SEGG Media's consolidated revenue base and supports its goal of building a scalable international sports and digital media platform [13] - Management's priorities for 2026 include expanding international sponsorship partnerships and integrating Veloce into SEGG Media's ecosystem [14][17]
Peter Schiff: CME silver halt ‘better than telling the truth' as prices surge past $90
KITCO· 2026-02-27 15:03
Core Insights - Jeremy Szafron has joined Kitco News as an anchor and producer, bringing a wealth of experience in journalism, particularly in finance and commodities [1][5] Group 1: Career Background - Jeremy began his journalism career in 2006 at CTV, initially focusing on entertainment before transitioning to business reporting, particularly in mining and small-cap companies [2] - He gained recognition for his macro-financial and market trends analysis, becoming a sought-after commentator on CTV Morning Live and CTV News Network [2] - A significant highlight of his career was covering the 2010 Vancouver Olympic Games, which led to the development of an online video news program for PressReader, a digital newsstand with 8,000 editions in 60 languages [3] Group 2: Digital Media Ventures - In 2012, Jeremy launched The Green Scene Podcast, which quickly attracted over 400,000 subscribers and established him as a prominent voice in the cannabis industry [4] - Following this success, he created Investor Scene and Initiate Research, platforms that provide exclusive market insights and deal-flow opportunities in mining and Canadian small-cap sectors [4] Group 3: Professional Expertise - Jeremy has experience as a market strategist and investor relations consultant for various publicly traded companies across mining, energy, consumer packaged goods (CPG), and technology industries [5] - He holds a BA in Journalism from Concordia University, which has supported his diverse career trajectory [5]
Rumble App Now Includes Rumble Shorts on iPhones Following Apple Approval
Globenewswire· 2026-02-25 13:00
LONGBOAT KEY, FL, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Rumble Inc. (NASDAQ:RUM), the Freedom-First technology platform, today announced that Rumble Shorts has been approved by the Apple App Store. This means iPhone users are now able to download or update their Rumble apps to experience Rumble Shorts on iOS.Rumble announced the debut of Rumble Shorts on the web at rumble.com/shorts earlier this month. Google Play already approved Rumble Shorts for Android phones, so Apple’s approval means Rumble Shorts is avai ...
j2 Global(ZD) - 2025 Q4 - Earnings Call Transcript
2026-02-24 14:32
Ziff Davis (NasdaqGS:ZD) Q4 2025 Earnings call February 24, 2026 08:30 AM ET Company ParticipantsBret Richter - CFORishi Jaluria - Managing DirectorVivek Shah - CEOConference Call ParticipantsCory Carpenter - VP and Equity Research AnalystRobert Coolbrith - VP and Internet Equity Research AnalystRoss Sandler - Managing Director and Senior Equity Research AnalystShyam Patil - Senior AnalystOperatorGood day, ladies and gentlemen, and welcome to the Ziff Davis fourth quarter and year-end 2025 earnings conferen ...
j2 Global(ZD) - 2025 Q4 - Earnings Call Transcript
2026-02-24 14:32
Ziff Davis (NasdaqGS:ZD) Q4 2025 Earnings call February 24, 2026 08:30 AM ET Company ParticipantsBret Richter - CFORishi Jaluria - Managing DirectorVivek Shah - CEOConference Call ParticipantsCory Carpenter - VP and Equity Research AnalystRobert Coolbrith - VP and Internet Equity Research AnalystRoss Sandler - Managing Director and Senior Equity Research AnalystShyam Patil - Senior AnalystOperatorGood day, ladies and gentlemen, and welcome to the Ziff Davis fourth quarter and year-end 2025 earnings conferen ...
j2 Global(ZD) - 2025 Q4 - Earnings Call Transcript
2026-02-24 14:30
Ziff Davis (NasdaqGS:ZD) Q4 2025 Earnings call February 24, 2026 08:30 AM ET Speaker1Good day, ladies and gentlemen, and welcome to the Ziff Davis fourth quarter and year-end 2025 earnings conference call. My name is Tom, and I will be the operator assisting you today. At this time, participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. On t ...
j2 Global(ZD) - 2025 Q4 - Earnings Call Presentation
2026-02-24 13:30
©2026 Ziff Davis. All rights reserved. www.ziffdavis.com FOURTH QUARTER AND FULL YEAR 2025 RESULTS February 23, 2026 Safe Harbor for Forward-looking Statements Certain statements in this presentation are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's current expectations or beliefs as of February 23, 2026 ("Release Date") and are subject to numerous assumptions, risks, and uncertainties that ...
TNL Mediagene Leverages AWS's Kiro to Accelerate AI-Enabled Operational Advancements
Prnewswire· 2026-02-24 13:09
release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are based on beliefs and assumptions and on information currently available to TNL Mediagene. Forward-looking statements generally relate to future events or TNL Mediagene's future financial or operating performance. In some cases, you can identify forward-looking statements by the following words: "may," "will," "co ...
SEGG Media Closes $61M Veloce Acquisition, Adds $20M+ in Annual Revenue and Strengthens Revenue Base
Globenewswire· 2026-02-17 18:58
Core Viewpoint - The successful acquisition of Veloce Media Group by Sports Entertainment Gaming Global Corporation marks a pivotal moment in the company's strategic transformation into a global sports, entertainment, and gaming entity, expected to enhance revenue and shareholder value significantly [3][6]. Acquisition Details - The acquisition values Veloce at approximately $61 million (£45 million) and is completed through a mix of cash and SEGG Media equity, projected to contribute over $20 million in additional annual revenue starting in Q1 [2][4]. - The deal structure, involving cash and SEGG Media shares priced at $10 per share, reflects a shared belief among stakeholders that SEGG Media's current share price is undervalued [4]. Financial Implications - The acquisition is expected to substantially improve SEGG Media's revenue-to-market-cap ratio, aligning it more closely with larger digital media and sports entertainment platforms that trade at higher revenue multiples [6]. - The pro forma revenue profile of SEGG Media will grow significantly due to the incremental revenue from Veloce, which is anticipated to enhance the company's overall valuation [5]. Strategic Goals - Management's immediate focus post-acquisition is on effective integration, maintaining operational discipline, and leveraging the increased revenue scale for strong financial performance [10]. - The acquisition is seen as a paradigm shift for SEGG Media, strengthening its top-line revenue and expanding its global footprint [7]. Market Positioning - The combined platform of SEGG Media and Veloce positions the company for immediate revenue scale and diversification, enhancing its ability to monetize across various digital assets [9][14]. - The acquisition is expected to strengthen the balance sheet by increasing assets and equity, thereby enhancing liquidity [14].
Morgan Stanley and Jefferies Stay Positive on Alibaba (BABA)
Yahoo Finance· 2026-02-16 12:42
Core Viewpoint - Alibaba Group Holding Limited (NYSE:BABA) is recognized as one of the leading AI stocks experiencing significant growth, with positive ratings from major financial institutions like Morgan Stanley and Jefferies [1][3]. Group 1: Analyst Ratings and Price Targets - Morgan Stanley has reiterated its Overweight rating on Alibaba with a price target of $180, highlighting the strong growth potential of the company's Qwen AI assistant [1]. - Jefferies has also maintained a Buy rating on Alibaba, setting a higher price target of $225, based on expectations that the company's Cloud business will capture a significant share of the growing AI cloud revenue market [3]. Group 2: Growth Potential and Challenges - Morgan Stanley believes that Qwen could evolve into an "all-in-one AI superapp and life assistant," which may enhance Alibaba's share price and revenue growth in its cloud business [2]. - However, the firm cautions that increased marketing expenditures to drive user adoption could result in substantial losses in other segments, estimating these losses could reach approximately CNY 7 billion in the fiscal third quarter [2]. Group 3: Industry Context - Alibaba is positioned as a major player in various sectors, including e-commerce, retail, AI, digital media and entertainment, cloud services, and technology [4]. - The growing adoption of AI and opportunities for AI agents are expected to bolster demand for Alibaba's cloud services, contributing to its market share growth anticipated by 2026 [3].