The Arena Group (PAAI)
Operates Parade, TheStreet, and a digital-media platform for owned and partner sites.
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Operates a portfolio of sports, finance, and lifestyle media brands, monetizing audiences mainly through digital advertising alongside publisher services, performance marketing, subscriptions, licensing, and commerce. Central technology supports owned sites and publisher partners, while the business relies heavily on United States traffic and search distribution.
Operates a digital-media and publishing-technology portfolio across Sports & Leisure, Finance, Lifestyle, and Platform & Other. Owned properties include Parade, TheStreet, Men’s Journal, Athlon Sports, ShopHQ, TravelHost, Surfer, and Powder. Central systems supply content management, search optimization, data analytics, advertising, subscriptions, distribution, and monetization to owned sites and publisher partners.
Earns most revenue through digital advertising, supplemented by publisher services, performance marketing, subscriptions, licensing, and commerce. A new technology layer includes InfoSentience’s data-to-narrative engine, Cutter Studios’ content-production tools, and Encore’s first-party data system.
Remains concentrated in the United States and dependent on audience traffic, search-engine distribution, contributors, publisher partners, and third-party cloud and software providers. Simplify controls stockholder votes, its affiliate Renew holds the term debt, and the advertising model uses identifiers subject to United States state privacy laws and the European Union GDPR.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $11.2M · Total debt $2.3M · Total assets $106.1M · Shareholders' equity −$7.6M
- Revenue
- $22.2M
- Operating income
- $2.3M
- Net income
- −$176.0K
No dividends on record.
| Institutions | 7.59% | 3.62M shares | |
|---|---|---|---|
| 57 holders · as of Mar 31, 2026 | |||
| Other | 92.41% | 44.00M shares | |
| remainder | |||
47.61M company shares as of Sep 5, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Vanguard Capital Management LLCInstitution | 2.42% | 1.15M | as of Mar 31, 2026 |
BlackRock, Inc.Institution | 1.57% | 746,392 | as of Mar 31, 2026 |
State Street CorpInstitution | 0.60% | 286,295 | as of Mar 31, 2026 |
Geode Capital Management, LLCInstitution | 0.59% | 282,119 | as of Mar 31, 2026 |
LPL Financial LLCInstitution | 0.55% | 261,505 | as of Mar 31, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Alphabet Class A
Dominates search discovery, video attention, and digital ad budgets.
- Walt Disney
ESPN contests sports audiences, digital inventory, and subscriptions.
- Warner Bros. Discovery
CNN and sports brands contend for attention and premium ad budgets.
- Meta
Facebook and Instagram absorb audience, creators, and ad demand.
- Reddit
Interest communities and ad tools compete for audience and commerce intent.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| The Arena Group | $1.20 | −3.63% | $59.0M | 6.7 | 5.7 | 0.6 | −50.7% |
| Alphabet Class A | $353.49 | −0.42% | $4.30T | 17.8 | 26.3 | 9.6 | +24.2% |
| Walt Disney | $103.64 | −0.57% | $180.96B | 21.5 | 13.8 | 1.8 | +7.1% |
| Warner Bros. Discovery | $30.81 | +0.02% | $77.22B | — | — | 2.1 | −11.2% |
| Meta | $741.08 | −0.02% | $1.89T | 27.9 | 24.3 | 8.3 | +28.0% |
| $153.74 | −3.14% | $30.56B | 36.9 | 25.2 | 11.0 | +61.1% | |
| Median | 24.7 | 24.8 | 8.3 | +24.2% |