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Arena Group Holdings Inc

Paradium AI, Inc. operates an artificial intelligence technology platform for digital media, content creation, and monetization. It operates through four segments: Sports & Leisure, Finance, Lifestyle, and Platform & Other. The Sports & Leisure segment produces content through media brands including Athlon Sports and the Adventure Sports Network, which includes Surfer, Powder, and Bike Magazine; the Finance segment produces content through TheStreet; and the Lifestyle segment produces content through brands including Parade, Men's Journal, and ShopHQ. The Platform & Other segment provides platform infrastructure and technology services, including Infosentience, a language engine for automated, data-driven natural language generation that converts structured data into content; Encore, a monetization and personalization engine that matches content, offers, and formats to audience members using first-party signals; a video and social production engine that converts long-form video and audio into cut-downs, captions, and posts for distribution across channels; and Cutter Studios, a content production offering. The company also offers a creator co-ownership platform across verticals including competition reality television, food and home content, and retail and restaurant consumer markets. Revenue is generated from digital advertising, digital subscriptions, publisher revenue, performance marketing, other digital revenue, and print revenue. Paradium AI, Inc. was formerly known as The Arena Group Holdings, Inc. and changed its name to Paradium AI, Inc. in August 2026. The company was incorporated in 1990 and is headquartered in New York, New York. It operates as a subsidiary of Simplify Inventions, LLC.

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Roundtable Signs 10-Year, $1 Billion Deal With Paradium.AI

Roundtable, trading on Nasdaq as RTB, announced a 10-year, $1 billion agreement with The Arena Group, now known as Paradium.AI and trading on the NYSE as PAAI, to migrate, operate and monetize Arena's premium media portfolio on Roundtable's AI and DeFi-powered MediaOS. Following deal closure, Roundtable forecasts a $100 million annualized revenue and an EBITDA-positive run rate on a stand-alone basis, with 100 million monthly consumers. Two dozen brands and nearly 100 million consumers will migrate to Roundtable's MediaOS, including TheStreet, Parade, Men's Journal, Athlon Sports, Autoblog and Powder, along with hundreds of professional journalists. The agreements are subject to Roundtable's minority investment in PAAI, $89 million in cash and stock for approximately 49% of PAAI, in a private transaction, and other conditions precedent, which include funding requirements to complete the transactions in the fourth quarter. The partnership reunites PAAI CEO Paul Edmondson with RTB founders James Heckman and Bill Sornsin, who were last teamed in 2020.
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