LONDON, Oct. 12,
2022 /PRNewswire/ -- XLMedia PLC (AIM: XLM) the
global digital media company that manages a portfolio of premium
brands with an emphasis on Sports and Gaming in regulated markets,
announces that Kyle Laskowski and
Jason Ziernicki, the CBWG founders,
will step down from the business as they approach the completion of
their earn-out targets.
XLMedia launched its US sports market presence with the
acquisition of CBWG in December 2020.
CBWG encompassed the largest independently-owned U.S. sports
betting affiliate network at the time and served as the platform
acquisition for XLMedia in the US sports betting market. As part of
the deal, Laskowski and Ziernicki joined the business in newly
created roles, continuing to support the acquired business and
share their expertise and experience.
David King, CEO of XLMedia,
commented "It was important for Kyle and Jason to join the business
and ensure a successful integration into the XLMedia business and
transfer of knowledge. As entrepreneurs it is understandable that
they are looking to move on, but they leave behind a highly
talented team committed to growing XLMedia's US business. I wish
them the very best for the future."
"As a founder you build a brand not knowing what the future
holds, in our case, it was joining XLMedia," said Laskowski.
"We are very proud about what we and the team were able to
build at XLMedia, while pioneering the North American sports
market's media partnership model. But the time is right for
us to move on, and we feel confident we are leaving the
business in good hands."
"The last two years have been both challenging and rewarding as
we've watched the business expand. As two of the Company's
larger shareholders, we wish nothing but success for the Company
going forward," said Ziernicki.
Accompanying this change, XLMedia is pleased to announce that
Kevin Duffy, XLMedia's VP of Sports
Media and founder of Saturday Football Inc., another of XLMedia's
premium brands, has been appointed VP of North America Sports,
responsible for all North America
sports content.
About XLMedia:
XLMedia (AIM: XLM) is a leading global digital media company
that creates compelling content for highly engaged audiences and
connects them to relevant advertisers.
The Group manages a portfolio of premium brands with a primary
emphasis on Sports and Gaming in regulated markets. XLMedia brands
are designed to reach passionate people with the right content at
the right time.
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SOURCE XLMedia