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Nexxen Boosts Live Sports Advertising with Strategic Partnerships

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Nexxen Boosts Live Sports Advertising with Strategic Partnerships

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An update from TREMOR INTERNATIONAL LIMITED ( (GB:NEXN) ) is now available.

Nexxen International Ltd has announced significant advancements in its live sports offerings and strategic partnerships with key publishers and demand-side platforms, such as FOX Sports and StackAdapt. These developments have resulted in a 315% increase in spending on live sports packages, enhancing campaign engagement and revenue for both advertisers and broadcasters. The initiative aims to address the fragmentation in live sports viewing and maximize monetization opportunities, reinforcing Nexxen’s leadership in the advertising technology sector.

More about TREMOR INTERNATIONAL LIMITED

Nexxen is a global advertising technology platform with expertise in data and advanced TV, offering a flexible technology stack including demand-side and supply-side platforms. The company focuses on empowering advertisers, agencies, publishers, and broadcasters to utilize data for effective advertising across various channels. Headquartered in Israel, Nexxen operates worldwide with offices in the United States, Canada, Europe, and Asia-Pacific, and is publicly traded on the London Stock Exchange and NASDAQ.

YTD Price Performance: -5.62%

Average Trading Volume: 515,382

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £499.4M

For an in-depth examination of NEXN stock, go to TipRanks’ Stock Analysis page.

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