The Arena Group Holdings, Inc. (AMEX:AREN) Q2 2023 Earnings Call Transcript

Ross Levinsohn: Yes, sure. Our Sports Illustrated agreement is very strong. They have made a real commitment to long-form programming. They launched SI Studios last year after a deal with 101 Studios ended and they’ve been developing properties in the long-form space. Again, we tend to stick to short-form and quick highlights and quick hits certainly on digital platforms. I do think, however, there’s a real opportunity that we’ll be talking to them about here. Obviously, distribution at this level in 46 states, reaching a significant portion of the population in linear, we’d like to talk to them about and obviously, across digital platforms, which we have an opportunity to play in currently. So I think it’s very accretive and additive here, and I have spoken to them, and there’s real excitement.

Daniel Day: Just one more quick one. Just on travel and auto being two of the new verticals you seem to launch here. Are there any travel or auto partner properties or kind of things you own that are good tuck-ins there that maybe haven’t gotten shine before but are worth calling out now?

Ross Levinsohn: Yes. We do some content in travel on Parade and on Men’s Journal and certainly Swim has a fair amount of travel that we’ve done through the years, filming when we shoot in different countries or different locations, we’re always shooting really interesting travel content there, but nothing major. So this is really a jump start for us. Both automotive and travel have been on our roadmap. We’re doing some content, but this will obviously greatly accelerate it. The other really interesting thing is that Bridge Media is based in Detroit and have incredible relationships in the automotive industry. So we’re excited about leveraging that with them and providing a real digital footprint for those conversations to go with the linear video opportunities that exist. So really, really good for us and I think all of this will accelerate our business as a whole.

Daniel Day: Thanks, guys. I’ll turn it over.

Ross Levinsohn: Okay. Thanks, Daniel.

Operator: Okay. It doesn’t look like there are any more questions in queue. So I’ll go ahead and turn it back over to Ross for closing remarks.

Ross Levinsohn: Yes. Thank you very much. I appreciate you all joining and it’s a great day for The Arena Group and we couldn’t be more excited about where we’re headed with Manoj and his team and with our investors as well. So we’ll talk to you on the next conference call and thank you all for attending.

Operator: Ladies and gentlemen this concludes your call. You may now disconnect.