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The Arena Group plans to acquire AMG/Parade Sports in deal

The Arena Group announced Tuesday that it plans to acquire AMG/Parade Sports as a part of an settlement to get hold of AMG/Parade, a premium multimedia content material firm with way of life, movie star, meals, well being and wellness, sports activities, and out of doors verticals.

AMG/Parade Sports operates Athlon Sports, already a associate inside the SI Media Group, and with it, The Arena Group will additional increase its capabilities and choices throughout native and nationwide sports activities.

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“AMG/Parade’s properties convey huge attain throughout print, digital and video that would be the cornerstone of The Arena Group’s new Way of life vertical and additional bolster our Sports choices,” Ross Levinsohn, CEO of The Arena Group, mentioned in a launch. “Parade has been an iconic media model for 80 years – I learn it as a child in my Sunday paper and all the time anticipated the annual Parade Excessive College All-American Groups. At this time, by means of innovation and perseverance, AMG/Parade continues to ship sturdy content material experiences to hundreds of thousands of shoppers day by day throughout a number of platforms. Their content material and partnerships with newspaper publishers across the nation speaks to the belief and worth in their manufacturers.”

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