The Arena Group Names Katie Kulik as Chief Revenue Officer to Drive Growth and Innovation

Rhea-AI Summary

The Arena Group Holdings, Inc. has appointed Katie Kulik as Chief Revenue Officer. Kulik brings over 25 years of experience in traditional and digital media and advertising technology. The company has seen substantial growth and profitability, with impressive results in Q2 2023. There is a proposed strategic combination with Bridge Media Networks to add digital video capabilities and introduce two new verticals.

Positive

• The appointment of Katie Kulik as Chief Revenue Officer is expected to drive revenue growth and innovation for The Arena Group.
• The company has experienced substantial growth and profitability, with impressive results in Q2 2023.
• A proposed strategic combination with Bridge Media Networks is expected to add digital video capabilities and introduce two new verticals.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- The Arena Group Holdings, Inc. (NYSE American: AREN) , a technology platform and media company and home to more than 265 brands, including Sports Illustrated, TheStreet, Parade, Men’s Journal, HubPages, Powder, and Surfer announced today the appointment of Katie Kulik as Chief Revenue Officer. The seasoned digital media executive joins The Arena Group’s leadership team on the heels of a year marked by substantial growth and profitability for the Company.

Katie Kulik, new Chief Revenue Officer of The Arena Group (Photo: Business Wire)

“We’re thrilled to welcome Katie Kulik as our new Chief Revenue Officer,” said Ross Levinsohn, Chairman and Chief Executive Officer of The Arena Group. “With a proven track record of success, Katie will lead our revenue strategy and talented team in driving revenue growth, fostering innovation, and providing exceptional value to our clients and partners.”

Kulik’s impressive career spans over 25 years in traditional and digital media and advertising technology and includes more than a decade at CBS where she was Executive Vice President and Head of Global Digital Ad Sales, driving over $1 Billion in advertising revenue. In 2020, she was part of the team that helped ViacomCBS sell CNET Networks to Red Ventures for $500 Million. After completing the sale, she was named Chief Revenue Officer of CNET Media Group, a Red Ventures Company. Most recently she served as Executive Managing Director, Americas at Criteo, a leading advertising technology company.

"As the Chief Revenue Officer of The Arena Group, I am thrilled to embark on a journey that will elevate our media revenue to new heights," stated Katie Kulik. "Guiding our exceptionally talented team and cutting-edge projects such as our Creator Network, all within the company of esteemed brands and partners, is a source of excitement and pride."

Currently, the Company boasts ownership of over 40 brand properties and hosts more than 225 platform partners across four verticals. Despite a difficult macroeconomic environment, The Arena Group delivered impressive results in Q2 2023, with revenue growth, improved CPMs, and stable operating expenses. In addition, once closed, a proposed strategic combination with Bridge Media Networks is expected to add digital video capabilities at scale and introduce two new verticals.

For a complete list of current openings with The Arena Group, offering remote work and benefits such as unlimited paid time off and paid parental leave for all expecting parents, visit thearenagroup.net/careers. If you’d like to partner with The Arena Group, contact inquiries@thearenagroup.net or visit thearenagroup.net.

About The Arena Group
The Arena Group (NYSE American: AREN) is an innovative technology platform and media company with a proven cutting-edge playbook that transforms media brands. Our unified technology platform empowers creators and publishers with tools to publish and monetize their content, while also leveraging quality journalism of anchor brands like Sports Illustrated, TheStreet, Parade, Men’s Journal, and HubPages to build their businesses. The company aggregates content across a diverse portfolio of over 265 brands, reaching over 100 million users monthly. Visit us at thearenagroup.net and discover how we are revolutionizing the world of digital media.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231102855928/en/

Rachael Fink

Manager, Public Relations The Arena Group

Rachael.Fink@thearenagroup.net

Source: The Arena Group Holdings, Inc.

FAQ

Who has been appointed as Chief Revenue Officer of The Arena Group?

Katie Kulik has been appointed as Chief Revenue Officer of The Arena Group.

What is the background of Katie Kulik?

Katie Kulik has over 25 years of experience in traditional and digital media and advertising technology. She previously worked at CBS and CNET Media Group.

What were the Q2 2023 results for The Arena Group?

The company delivered impressive results in Q2 2023, with revenue growth, improved CPMs, and stable operating expenses.

What is the proposed strategic combination for The Arena Group?

The proposed strategic combination is with Bridge Media Networks, which is expected to add digital video capabilities and introduce two new verticals.

How can one apply for job openings at The Arena Group?

One can visit thearenagroup.net/careers for a complete list of current openings.

How can one partner with The Arena Group?

One can contact inquiries@thearenagroup.net or visit thearenagroup.net to partner with The Arena Group.