The Arena Group Holdings, Inc. (NYSE American: AREN), has announced its acquisition of the digital assets of Lindy’s Sports, the historic sports publication founded in 1982. The move marks an expansion of The Arena Group’s Sports & Leisure vertical through the addition of a trusted and long-standing brand.
“We are thrilled to acquire the digital assets of Lindy’s Sports,” said Paul Edmondson, CEO of The Arena Group. “For decades, Lindy’s Sports has delivered trusted, high-quality sports coverage. We believe in the strength of the Lindy’s Sports brand and plan to relaunch the site by the end of October. This transaction reflects our continued strategy of acquiring strong, legacy brands that align with our asset-light entrepreneurial publishing model and offer significant potential for growth.”
Lindy Davis, founder and publisher of Lindy’s, expressed his enthusiasm for the partnership: “I am extremely excited to do this deal with The Arena Group as I know they will do a terrific job of growing the Lindy’s brand in the digital space.”
This acquisition strengthens The Arena Group’s position in the sports media market and underscores its growth strategy of building scale and profitability through transformation of established media brands with a modern digital strategy.
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