The Arena Group Acquires Fexy Studios Expanding Video Production And Distribution
Acquiring Company
The Arena Group
Acquired Company
Fexy Studios
Description
Today, The Arena Group Holdings, Inc. (NYSE American: AREN), (the “Company” or “The Arena Group”) announced that it has acquired Fexy Studios, an award-winning creative agency that produces television shows, streaming and digital video programming, and branded content across a variety of mediums including desktop and mobile web, OTT, broadcast television, YouTube, Twitch, Instagram, Facebook, webinars, and more. The Arena Group will leverage the strength of its core brands and continued audience growth coupled with Fexy’s production and branded video capabilities to expand its streaming, sponsored content and television programming, while enhancing sales and revenue generation across The Arena Group properties.