Roundtable Secures 10-Year, $1 Billion Agreement, Bringing its AI/DeFi Media Operating System to Global Scale and Profitability
Roundtable (Nasdaq: RTB) announced a 10-year, $1 billion agreement to migrate, operate and monetize the media portfolio of The Arena Group, now Paradium.AI (NYSE: PAAI), on Roundtable's AI/DeFi-powered MediaOS. Two dozen brands and nearly 100 million consumers — including TheStreet, Parade, Men's Journal, Athlon Sports, Autoblog and Powder — move to the platform, with RTB assuming PAAI's ad operations and receiving a worldwide, non-cancelable, perpetual license to PAAI's technical assets. Closing is conditioned on Roundtable investing $89 million in cash and stock for roughly 49% of PAAI in a private transaction, along with funding requirements and other conditions precedent targeted for Q4.
Key figures
- Deal Value Usd
- 1000000000
- Stake acquired
- ~49%
- Ebitda run rate
- EBITDA-positive
- Brands migrating
- two dozen brands
- Equity investment
- $89 million
- Monthly consumers
- 100 million
- Ad ecosystem scale
- nine-figure
- Agreement term years
- 10
- Annualized revenue forecast
- $100 million
AI analysis
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