Veloce Media Group Delivers Strong Quarter with Blue-Chip Partnerships for Quadrant Acquisition

SEGG Media Corporation reports positive growth across its portfolio following its strategic investment in Veloce Media Group and Veloce's acquisition of Quadrant. Quadrant, a creator-led brand co-founded by Formula 1 driver Lando Norris, has delivered results in its most recent fiscal quarter with landmark partnerships with global blue-chip companies. These agreements underscore Quadrant's positioning as a premier platform and highlight its rapid growth.

SEGG Media Corporation (NASDAQ: SEGG) has reported positive growth across its portfolio following strategic investments in Veloce Media Group and the acquisition of Quadrant, a creator-led brand co-founded by Formula 1 driver Lando Norris. Quadrant's most recent fiscal quarter saw significant results, with landmark partnerships with global blue-chip companies including Electronic Arts, T-Mobile, Lego, NordVPN, Revolut, and Swarovski [1].

Veloce, operating the world's largest racing and gaming media network, achieved £12.8 million ($17.5 million) in revenue for FY 2024, marking a 153% increase from FY 2023. The company generates over 750 million monthly digital views, primarily targeting Gen-Z and millennial audiences [1]. SEGG Media holds a strategic option to acquire a 51% majority stake in Veloce.

The acquisition of Quadrant appears strategically sound given Veloce's existing market position. The company's strong financial results and rapid growth underscore its ability to attract leading businesses across multiple industries. Veloce's mission to redefine how the next generations engage with sport has been bolstered by Quadrant's momentum and new global partnerships [1].

The reported performance indicates that SEGG's strategy of building a diversified digital media ecosystem is gaining momentum. The Veloce acquisition provides SEGG with enhanced access to younger demographics through gaming and motorsport content, potentially creating new monetization channels that complement its existing properties while providing insulation against market segment volatility [1].

References:
[1] https://www.stocktitan.net/news/SEGG/segg-media-backed-veloce-media-group-boasts-strong-quarter-with-blue-tclqfvesz0g4.html