Bright Mountain Media, Inc. received an updated ownership report showing large passive stakes held through funds advised by 10th Lane Partners. 10th Lane is reported as beneficial owner of 44,386,469 shares of common stock, representing 24.5% of the class, based on approximately 181,310,000 outstanding shares.
BV Agency, LLC directly holds 26,403,984 shares, and Centre Lane Partners Master Credit Fund II, L.P. directly holds 17,982,485 shares. The reporting parties certify the holdings are in the ordinary course of business and not for the purpose of changing or influencing control of Bright Mountain Media.
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Insights
Large passive funds report a combined 24.5% stake in Bright Mountain Media.
The filing shows 10th Lane Partners, as investment adviser to BV Agency and Centre Lane, with beneficial ownership of 44,386,469 Bright Mountain Media shares, or 24.5% of the common stock. Centre Lane alone reports 17,982,485 shares, or 9.9% of the class.
The investors certify the position is held in the ordinary course of business and not to change or influence control, which characterizes the stake as passive under Schedule 13G. Each entity has sole voting and dispositive power over the shares it directly or indirectly controls.
Future ownership updates in similar filings would clarify whether these stakes grow, shrink, or convert to a more active posture, but this amendment itself simply refreshes disclosure of an existing large passive position.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake in Bright Mountain Media (BMTM) does 10th Lane Partners report?
10th Lane Partners reports beneficial ownership of 44,386,469 Bright Mountain Media common shares, equal to 24.5% of the class. This percentage is based on approximately 181,310,000 outstanding shares of common stock, as provided by the company in the ownership disclosure.
How many Bright Mountain Media (BMTM) shares does Centre Lane Partners Master Credit Fund II hold?
Centre Lane Partners Master Credit Fund II, L.P. directly holds 17,982,485 Bright Mountain Media common shares, representing 9.9% of the outstanding class. The fund has sole voting and dispositive power over these shares, while 10th Lane Partners acts as its investment adviser.
Who directly holds the Bright Mountain Media (BMTM) shares reported under BV Agency, LLC?
BV Agency, LLC directly holds 26,403,984 shares of Bright Mountain Media common stock. 10th Lane Partners serves as investment adviser to BV Agency and has sole voting and dispositive power over these shares, contributing to its reported 24.5% beneficial ownership stake.
Is the Bright Mountain Media (BMTM) stake reported as an attempt to influence control?
The reporting investors certify their Bright Mountain Media holdings were acquired and are held in the ordinary course of business. They state the securities were not acquired and are not held to change or influence control of the issuer, consistent with a passive Schedule 13G filing.
What does the Schedule 13G/A filing for Bright Mountain Media (BMTM) represent?
The Schedule 13G/A is an amended ownership report for Bright Mountain Media common stock. It discloses that funds advised by 10th Lane Partners and Centre Lane collectively hold a large passive position, including a 24.5% beneficial stake reported by 10th Lane and a 9.9% stake by Centre Lane.
How many Bright Mountain Media (BMTM) shares are used to calculate the ownership percentages?
The reported ownership percentages are calculated using approximately 181,310,000 outstanding Bright Mountain Media common shares. This outstanding share count was provided by the company and forms the basis for the 24.5% stake for 10th Lane and the 9.9% stake for Centre Lane.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 3)
Bright Mountain Media, Inc.
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
10919T105
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
10919T105
1
Names of Reporting Persons
10th Lane Partners, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
44,386,469.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
44,386,469.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
44,386,469.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
24.5 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP No.
10919T105
1
Names of Reporting Persons
Centre Lane Partners Master Credit Fund II, L.P.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
17,982,485.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
17,982,485.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
17,982,485.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.9 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Bright Mountain Media, Inc.
(b)
Address of issuer's principal executive offices:
6400 Congress Avenue, Suite 2050, Boca Raton, FL 33487
Item 2.
(a)
Name of person filing:
The names of the persons filing this report (collectively, the "Reporting Persons") with respect to shares of Common Stock, $0.01 par value per share (the "Common Stock") of Bright Mountain Media, Inc. (the "Issuer") are:
10th Lane Partners, LP ("10th Lane")
Centre Lane Partners Master Credit Fund II, L.P. ("Centre Lane")
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of each of the Reporting Persons is 60 East 42nd Street, Suite 2220, New York, NY 10165
(c)
Citizenship:
Each of 10th Lane and Centre Lane is a Delaware limited partnership.
(d)
Title of class of securities:
Common Stock, par value $0.01 per share
(e)
CUSIP No.:
10919T105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by this item with respect to each Reporting Person is set forth in Rows 5 through 9 of the cover pages to this Schedule 13G. BV Agency, LLC ("BV") directly holds 26,403,984 shares of Common Stock. Centre Lane directly holds 17,982,485 shares of Common Stock. 10th Lane is the investment advisor for each of BV and Centre Lane, and has sole voting and dispositive power over such shares of Common Stock.
(b)
Percent of class:
The information required by this item with respect to each Reporting Person is set forth in Row 11 of the cover pages to this Schedule 13G. The ownership percentages reported are based on approximately 181,310,000 outstanding shares of Common Stock, as provided by the Issuer.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by this item with respect to each Reporting Person is set forth in Row 5 of the cover pages to this Schedule 13G.
(ii) Shared power to vote or to direct the vote:
The information required by this item with respect to each Reporting Person is set forth in Row 6 of the cover pages to this Schedule 13G.
(iii) Sole power to dispose or to direct the disposition of:
The information required by this item with respect to each Reporting Person is set forth in Row 7 of the cover pages to this Schedule 13G.
(iv) Shared power to dispose or to direct the disposition of:
The information required by this item with respect to each Reporting Person is set forth in Row 8 of the cover pages to this Schedule 13G.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Each of BV and Centre Lane has the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities that it holds of record.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
