Welcome to our dedicated page for Nexxen International news (Ticker: NEXN), a resource for investors and traders seeking the latest updates and insights on Nexxen International stock.
Nexxen International Ltd. (NASDAQ: NEXN) generates news as a global advertising technology platform with deep expertise in data and advanced TV. Company announcements highlight how Nexxen’s unified stack – built around the Nexxen Data Platform and spanning a demand-side platform (DSP) and supply-side platform (SSP) – is applied to new solutions, research and capital allocation decisions.
Readers of this news page can follow updates on Nexxen’s sector-specific offerings, such as Nexxen Health and Nexxen Sports. News has covered the introduction of measurement and optimization capabilities into Nexxen Health, including features like Auto Allocate in Nexxen DSP powered by healthcare analytics provider PurpleLab, aimed at health and pharmaceutical advertisers. Separate releases have detailed the launch of Nexxen Sports, a suite that combines premium live sports content with data-driven audience insights and dynamic creative to connect brands with engaged sports fans across devices.
Nexxen also publishes research-driven content, including forecasts around major events like the FIFA World Cup. These reports draw on proprietary tools such as Nexxen Discovery to analyze where and how audiences watch, and how viewing may shift between streaming and linear platforms. Such insights are positioned to help advertisers plan and activate campaigns through Nexxen’s platform.
Additional news items address corporate governance, including board transitions, and capital management actions such as share repurchase program summaries and new repurchase authorizations. Investors and industry participants can use this page to review Nexxen’s latest disclosures on its technology developments, research, governance and shareholder-focused programs. For ongoing context on how Nexxen applies data and advanced TV capabilities across markets and verticals, this feed provides a centralized view of the company’s public announcements.
Nexxen and MAGNA released a report titled 'The Intersection of Audience Data + Creative Optimization: How to Drive Action on Streaming TV' exploring how audience data can enhance ad relevance and drive action. The study revealed that 64% of viewers feel Connected TV (CTV) ads are not relevant to them. Key findings show that optimized ads achieved a 78% lift in search intent among new prospects and a 65% lift in purchase intent among existing customers.
The research highlighted two main insights: audience data can be used for both reach and creative development, and optimization can be achieved through simple post-production adjustments like adding branded overlays, QR codes, or smart speaker integrations, without completely revamping ads.
Nexxen International (AIM/NASDAQ: NEXN) has announced two presentations to discuss proposed stock exchange and trading structure changes that shareholders will vote on at the December 20, 2024 AGM. The key changes include:
- Converting Nasdaq-listed ADRs to Nasdaq-listed Ordinary Shares
- Terminating the ADR facility
- Implementing a two-for-one reverse stock split
- Delisting from AIM to trade exclusively on Nasdaq
The company will host presentations for U.S. investors on December 12, 2024 (9:00 AM ET) and U.K. investors on December 16, 2024 (2:00 PM GMT). Both presentations will include Q&A sessions and will be accessible through the company's investor relations website.
Nexxen (NEXN) reported strong Q3 2024 financial results with record Q3 Contribution ex-TAC of $85.5 million, up 12% year-over-year. The company achieved significant growth in CTV revenue, which increased 52% to $29.7 million. Adjusted EBITDA grew 49% to $31.6 million, with margin expansion to 37% from 28% in Q3 2023. The company reaffirmed its full-year 2024 Contribution ex-TAC guidance of $340-345 million and raised Adjusted EBITDA guidance to approximately $107 million. Nexxen maintains a strong financial position with $166.5 million in net cash and a $90 million undrawn credit facility.
Nexxen International (AIM/NASDAQ: NEXN) announces its participation in the RBC Global Technology, Internet, Media and Telecommunications Conference on November 19, 2024, in New York. CEO Ofer Druker will lead a fireside chat at 1:20 PM ET, which will be available via live webcast.
The event will be accessible through Nexxen's investor relations website under 'Events and Presentations' and will remain available for replay for approximately one year. Nexxen, headquartered in Israel, operates as a flexible advertising technology platform specializing in data and advanced TV, offering unified technology stack including DSP and SSP platforms with the Nexxen Data Platform at its core.
Nexxen International (AIM/NASDAQ: NEXN) has scheduled the release of its third quarter 2024 financial results for November 15, 2024, before U.S. market opening. The company will host a webcast and conference call at 6:00 AM PT / 9:00 AM ET / 2:00 PM GMT to discuss results and outlook. The event will be accessible via webcast from Nexxen's Investor Relations website, with dial-in options available for U.S./Canada, U.K., and international participants.
Nexxen has launched Deal Marketplace, a new feature within its demand-side platform, Nexxen DSP. The marketplace provides a centralized interface for advertisers to discover, visualize, and activate preferred deals across connected TV, online video, and display advertising. The platform offers access to premium supply inventory with advanced audience-targeting capabilities, including TV Audiences segments, content-level targeting, and CTV high-attention options. Deal Marketplace incorporates contextually curated private marketplace deals and aims to improve efficiency in campaign planning and execution through data-backed decision making.
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.