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Bright Mountain Media, Inc. - BMTM STOCK NEWS

Welcome to our dedicated page for Bright Mountain Media news (Ticker: BMTM), a resource for investors and traders seeking the latest updates and insights on Bright Mountain Media stock.

Bright Mountain Media Inc. is a fully integrated media company specializing in content creation, ad delivery, and eCommerce targeted at military and public safety audiences. They offer a seamless experience for viewers and exceptional results for advertisers. With brands like Black Helmet and Certified Wolf Hunter, they market apparel and lifestyle products for the hero in everyone. Their publishing division garners millions of monthly visitors and social media followers with cutting-edge content and news.

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Bright Mountain Media (BMTM) announced its financial results for Q1 2024, highlighting a significant revenue increase to $12.4 million, up from $1.5 million in Q1 2023. The gross margin also rose to $3.1 million from $528,000 in the previous year. This growth is attributed to the Big Village Acquisition.

Advertising technology revenue reached approximately $2.6 million, with digital publishing revenue at $434,000. Consumer insights, creative services, and media services, new offerings from the Big Village Acquisition, generated revenues of $6.7 million, $2.1 million, and $641,000 respectively.

However, the cost of revenue surged to $9.3 million due to new costs from the acquisition. General and administrative expenses increased to $5.2 million. Despite the revenue growth, the net loss widened to $4.8 million from $3.8 million in Q1 2023, although the adjusted EBITDA loss improved to $1.2 million from $2.1 million.

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Bright Mountain Media, Inc.'s subsidiary, Big Village, has been recognized as one of the top 25 most innovative suppliers by Greenbook, showcasing its leadership in consumer insights. Big Village's Smart Targets offer dynamic audience segments to enhance marketing strategies and drive growth.
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Bright Mountain Media, Inc. (BMTM) announces the launch of Smart Targets by its subsidiary Big Village, a revolutionary product that offers real-time audience segments to help brands connect with high-value customers efficiently.
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Bright Mountain Media, Inc. (BMTM) reports a successful full-year 2023 with revenue growth of 128%. Fourth quarter revenue increased by 193% to $15.1 million. Gross margin also saw significant growth. The company acquired Big Village Insights and Deep Focus Agency, enhancing its marketing capabilities.
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Bright Mountain Media, Inc. (BMTM) announces the growth of its MomLife Panel, catering to moms with $2 trillion in purchasing power. The panel offers brands insights through technology and analysis, leading to a 104% revenue increase to $29.4 million for the company.
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Bright Mountain Media, Inc. subsidiary, Deep Focus, partners with HBO to celebrate The Sopranos' 25th anniversary with innovative campaigns, driving high engagement and social media growth.
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Bright Mountain Media, Inc. (OTCQB: BMTM) has announced the launch of Audience Intelligence platform by its subsidiary Big Village, revolutionizing audience profiling, targeting, and strategy in digital marketing. The platform offers a comprehensive taxonomy of thousands of segments capturing unique intentions, sentiments, interests, values, and behaviors, enabling brands, agencies, and publishers to enrich their data assets, plan strategies, and activate campaigns with precision and effectiveness.
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Bright Mountain Media, Inc. (OTCQB: BMTM) announced unaudited financial results for Q3 2023, revealing a 192% revenue increase to $15.3 million. The company welcomed Deep Focus Agency and Big Village Insights, aiming to leverage ad-tech and web properties for new customers. However, the net loss surged to $19.8 million from $2.2 million in Q3 2022.
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Bright Mountain Media, Inc. announced that Deep Focus, previously known as Big Village Agency, is taking back its original name under the new ownership of Bright Mountain Media. Deep Focus will be led by its existing team and will refocus on its culture and values. Big Village Insights will continue to operate as Big Village and partner with Deep Focus for consumer research and business intelligence.
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Bright Mountain Media appoints Ethan Rudin as Chief Financial Officer
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FAQ

What is Bright Mountain Media Inc. known for?

Bright Mountain Media Inc. is known for being a fully integrated media company that focuses on content creation, ad delivery, and eCommerce, particularly targeting military and public safety audiences.

What brands does Bright Mountain Media Inc. market?

Bright Mountain Media Inc. markets brands like Black Helmet and Certified Wolf Hunter, offering apparel and lifestyle gear designed for pride and brotherhood.

How does Bright Mountain Media Inc. connect advertisers with publishers?

Bright Mountain Media Inc. does this through their ad network, which links advertisers with top publishers in the military and public safety niche.

What are the key offerings of Bright Mountain Media Inc.'s publishing division?

The publishing division of Bright Mountain Media Inc. attracts millions of visitors monthly with leading-edge content, news coverage, and editorial analysis.

How does Bright Mountain Media Inc. optimize revenue for digital content creators?

Bright Mountain Media Inc. optimizes revenue and user experience for digital content creators through their various platforms and services.

What makes Bright Mountain Media Inc.'s eCommerce division unique?

Bright Mountain Media Inc.'s eCommerce division focuses on marketing brands that represent the fearless side of being a hero, offering apparel and lifestyle products for a prideful brotherhood.

How can I contact the Investor Relations at Bright Mountain Media Inc.?

You can contact Douglas Baker at corp@otcprgroup.com or call (561) 807-6350 for Investor Relations with Bright Mountain Media Inc.

What is the audience reach of Bright Mountain Media Inc.'s publishing division?

The publishing division of Bright Mountain Media Inc. attracts over 4 million unique visitors each month and has over 2.5 million social media fans.

What kind of content does Bright Mountain Media Inc.'s publishing division specialize in?

The publishing division of Bright Mountain Media Inc. specializes in cutting-edge content, compelling news coverage, and editorial analysis.

What sectors does Bright Mountain Media Inc.'s ad network target?

Bright Mountain Media Inc.'s ad network connects advertisers with publishers in the military and public safety sectors, optimizing revenue for digital content creators.

What is the core focus of Bright Mountain Media Inc.'s ad network?

The core focus of Bright Mountain Media Inc.'s ad network is to connect advertisers with the best publishers targeting military and public safety audiences for optimized revenue and user experience.

Bright Mountain Media, Inc.

OTC:BMTM

BMTM Rankings

BMTM Stock Data

20.14M
93.97M
23.71%
21.37%
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