Sportradar Buying Saturday Down South, Other U.S. Publications [Yahoo! Finance]
Sportradar Group AG (SRAD)
Company Research
Source: Yahoo! Finance
XLMedia is a U.K.-based content company focused on sports and wagering customers. In a notice to shareholders issued through the London Stock Exchange, where XLMedia is listed, the company said Sportradar will pay $20 million up front with up to another $10 million in performance payments due in April 2025. XLMedia shareholders will vote to approve the sale Nov. 7. More from Sportico.com XLMedia's brands include college football-focused Saturday Down South and Saturday Tradition , gambling-themed Sports Betting Dime and Honey Monkey Pineapple , and Philadelphia and New York sports publications Crossing Broad and Elite Sports NY . In 2023, the North America businesses generated $27.5 million in revenue and adjusted EBITDA, a measure of profitability, of $5.5 million, according to XLMedia. The business makes its money from both traditional advertising as well as affiliate marketing, such as directing readers to bookmakers through hyperlinks inside stories Sportradar declined to c
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SRAD
Earnings
- 11/7/24 - Beat
SRAD
Sec Filings
- 11/7/24 - Form 6-K
- 10/3/24 - Form 6-K
- 9/20/24 - Form 6-K
- SRAD's page on the SEC website