Nexxen International Ltd. American Depository Shares - NEXN STOCK NEWS

Nexxen, a global advertising technology platform, has been named a preferred platform for Kinective Media, United Airlines' new traveler media network. This partnership extends United Airlines' first-party data from customers and MileagePlus loyalty program members to advertisers using Nexxen's DSP or SSP for activation across premium offsite CTV, linear, and digital content.

The collaboration allows brands to reach travelers with tailored, real-time messages, enhancing connection and loyalty. Nexxen's first-party data onboarding solution in the Nexxen Data Platform enables brands like United Airlines to open new revenue streams by enhancing media networks' offsite solutions.

Early results show that Kinective Media helped brands reach 64% more luxury travelers than those available through other third-party travel data partners. The partnership is already yielding positive results for Nexxen's advertiser clients, including retail and lifestyle brands.

Nexxen, a global advertising technology platform, has released 'The Pivotal Electorate' report, offering insights into Hispanic/Latine voters ahead of the 2024 U.S. election. Using its proprietary Discovery platform, Nexxen analyzed online content engagement of this influential voter bloc in swing states and across the U.S.

Key findings include:

• Arizona Hispanic/Latine voters prioritize gun control, immigration, and reproductive rights
• Nevada voters focus on COVID-19 cases and price-gouging
• Content consumption varies by generation: Boomers+ prefer in-depth analysis, Millennials favor simplicity, and Gen Z is drawn to sensationalism
• Sports content appeals to the 25+ demographic, while younger generations engage with fandom and fantasy sites

The report aims to help advertisers and campaigns better understand and connect with Hispanic/Latine voters through more personalized messaging.

Nexxen International (NEXN) reported strong Q2 2024 financial results, with record Contribution ex-TAC of $83.1 million, up 4% year-over-year. The company achieved 27% year-over-year Adjusted EBITDA growth to $26.8 million, expanding Adjusted EBITDA Margin to 32% from 26% in Q2 2023. Nexxen also reported record Q2 programmatic revenue of $78.6 million and CTV revenue of $28.2 million, up 3% and 14% year-over-year, respectively.

The company reaffirmed its full-year 2024 guidance, expecting Contribution ex-TAC between $340-$345 million and Adjusted EBITDA of approximately $100 million. Nexxen launched a new $50 million Ordinary Share repurchase program and fully repaid its outstanding $100 million long-term debt in Q2 2024. The company also introduced the Nexxen Data Platform, enhancing its data licensing and commerce media opportunities.

Nexxen, a global advertising technology platform, has announced a strategic data partnership with The Trade Desk. This collaboration will provide The Trade Desk's advertisers with access to exclusive automatic content recognition (ACR) data segments from Nexxen. The integration offers advanced cross-channel and cross-device targeting capabilities for more efficient media investment across the premium, open internet.

Nexxen's ACR data segments will be directly available on The Trade Desk's platform as its first self-service TV data provider in the U.K., Canada, U.S., and Australia. The data segments are categorized by genres, networks, programs, and brand-level ad exposure, offering comprehensive TV-viewing data. This partnership aims to help advertisers better understand audience TV viewership patterns and inform cross-platform investments.

Nexxen International (AIM/NASDAQ: NEXN), a global advertising technology platform, will release its Q2 2024 financial results on August 22, 2024, before the U.S. market opens. The company will host a webcast and conference call at 6:00 AM PT / 9:00 AM ET / 2:00 PM BST to discuss the results and outlook.

Investors can access the live and archived webcast from the Events and Presentations section of Nexxen's Investor Relations website. Conference call dial-in numbers are provided for U.S./Canada, U.K., and international participants. Nexxen, headquartered in Israel with global offices, offers a unified technology stack including a DSP, SSP, and data platform, focusing on advanced TV and data-driven advertising solutions.

Nexxen has partnered with Vevo, the world's leading music video network, to expand Vevo's programmatic advertising footprint. This collaboration enables Nexxen SSP to provide advertisers with access to Vevo's premium inventory, particularly on Connected TV (CTV). Vevo's vast library of 900,000+ music videos, available across various platforms, generates approximately 25 billion views worldwide each month.

The partnership allows Vevo to leverage its inventory more effectively by driving additional demand through direct relationships, offering comprehensive deal capabilities, and providing self-service tools. Nexxen's advanced technology and unique data enhance audience targeting, boosting Vevo's programmatic monetization efforts. This collaboration not only elevates the value of Vevo's inventory but also expands Nexxen's audience reach and enhances the scale of its quality owned and operated content.

Nexxen, a global unified advertising technology platform, has launched key tools for political advertisers. These tools provide advanced controls and unique audience data to drive campaign success. Nexxen's end-to-end technology stack includes a fully integrated demand-side platform (DSP) and supply-side platform (SSP), enhancing performance and maximizing political audience reach.

The company introduced five new offerings for 2024, including Political District Targeting, Campaign End Times, a Political Dashboard powered by Nexxen Discovery, a partnership with Proximic by Comscore for TV Political Audiences, and being selected as News Corp's preferred SSP for political PMP deals. These innovations aim to provide advertisers with more granular targeting, efficient spend optimization, and access to real-time voter data.

Nexxen International, a global advertising technology firm, announced its participation in the Stifel Cross Sector Insight Conference in Boston, MA, on June 4, 2024. The company will engage in a fireside chat, presented by CFO Sagi Niri, at 3:00 PM ET, available via live webcast and replay on their investor relations website. The event offers a platform for investor meetings and showcases Nexxen's capabilities in video and Connected TV (CTV) through its comprehensive technology stack, comprising of DSP, SSP, ad server, and DMP. Nexxen is listed on both AIM and NASDAQ under the ticker NEXN.

Nexxen reported its financial results for Q1 2024, showing a modest increase in revenue to $74.4 million and a record programmatic revenue of $65.6 million. The company highlighted a 34% year-over-year growth in Adjusted EBITDA to $11.9 million and generated $37.7 million in net cash from operating activities. However, CTV revenue declined by 11% to $18.8 million.

Nexxen completed a $20 million share repurchase program and launched an additional $50 million program. The company also repaid $100 million in long-term debt, strengthening its balance sheet. The firm reaffirmed its 2024 guidance, projecting $340-$345 million in Contribution ex-TAC and $100 million in Adjusted EBITDA for the full year.

Operationally, Nexxen expanded its CTV partnerships and launched the Nexxen Data Platform. The company added new customers and partnerships, including a strategic deal with Alphonso Inc. and LG Electronics. Despite cautious spending from smaller agencies, Nexxen expects improved advertising demand in H2 2024.