The Arena Group reports fourth-quarter earnings
The Arena Group, parent company of TheStreet, Parade, Men's Journal, Athlon Sports and more, issued its latest quarterly earnings report.
Editor's speak: TheStreet's parent company is The Enviornment Community (AREN), an progressive media and technology company that is home to most of the most iconic and passionate media manufacturers, along side TheStreet, Parade, Men's Journal, and Athlon Sports actions. In the curiosity of our trusty viewers here at TheStreet, we wished to portion our parent company's most modern financial results so that it's likely you'll maintain transparency in our media industry. Read excerpts from nowadays's press free up below.
And now some news about us.
Enviornment Community Holdings (AREN), TheStreet's parent company, posted fourth-quarter earnings on April 15. The Enviornment Community
As neatly as to TheStreet, the technology platform and media company is home to neatly-regarded media manufacturers, along side Parade Media, Men’s Journal, Surfer, Powder and Athlon Sports actions.
New mannequin at Enviornment Community: Aggressive Publishing
“In 2024, we built a stable foundation with Athlon Sports actions. This started with top class mutter material, rising our print products at newsstands and extending our social footprint,” Paul Edmondson, chief executive of The Enviornment Community, said in a remark. “We then coupled this with what we call ‘competitive publishing’ to elevate our reach.”
“Aggressive publishing is a brand new mannequin designed for twenty-four/7 breaking news coverage where a couple of, gifted groups compete. It’s confirmed to develop audiences, pay abilities greater and more quite, and be winning for The Enviornment Community. A appropriate fashion get-get.” Edmondson continued.
“We launched this mannequin on Men’s Journal in Q1 2025, and at Parade and The Boulevard firstly of Q2 2025. The consequences are very promising. We put a query to to be winning in every quarter of 2025.”
Enviornment Community Q4 financial highlights
Fourth-quarter revenue rose 8% from the earlier quarter to $36.2 million, while profits from continuing operations totaled $7.2 million, or 15 cents per portion, when in contrast with $4.8 million, or 13 cents per portion.
TheStreet delivered 36 million moderate month-to-month web mutter views, up 1% from the third quarter.
Athlon Sports actions reported 284 million web mutter views within the quarter, up 20% from the earlier quarter and reflecting a 325% elevate from the yr-ago quarter. The plan averaged 94 million web mutter views a month in Q4 2024.
For the yr, The Enviornment Community posted a loss from continuing operations of $7.7 million, when in contrast with a loss of $37.2 million a yr ago.
Enviornment Community designate highlights
This yr has viewed Athlon Sports actions starting up Best Podcast On hand, a brand new podcast with an Nationwide Football League draft knowledgeable, Luke Easterling, who has covered college soccer and the NFL for bigger than two decades.
Athlon Sports actions additionally released its 2025 motorsports racing preview print journal after a two-yr hiatus.
The journal included ranking of the discontinuance 30 Nascar Cup Sequence drivers, total with scouting stories, where drivers, crew chiefs, crew owners and industry insiders anonymously provide enter on every driver.
In the intervening time, Parade had an outlandish interview with the actor, producer and director Alan Cumming in February.
The Emmy and Tony Award winner talked regarding the contestants and his costumes on "The Traitors," which turned the No. 1 unscripted TV sequence within the U.S.; why he may die jubilant never being in "Cabaret" all but again, and what it’s devour being 60.
Read more about The Enviornment Community.
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