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Digitalbox plc ( (GB:DBOX) ) just unveiled an update.
Digitalbox plc has announced the acquisition of digital assets from Media Chain Group Limited’s The Life Network for £200,000, aiming to enhance its audience reach by adding nearly 6 million followers to its existing base. This strategic move is expected to be earnings enhancing and will allow Digitalbox to tap into a significant female US audience, complementing its existing brands and potentially strengthening its market position.
More about Digitalbox plc
Digitalbox plc is a UK-based digital media company focused on profitable publishing at scale on mobile platforms. The company operates several trading brands, including Entertainment Daily, The Daily Mash, The Tab, The Poke, TV Guide, Emmerdale Insider, Royal Insider, and Reality Shrine, generating revenue primarily from advertising around its content.
YTD Price Performance: -18.10%
Average Trading Volume: 545,258
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £5.07M
See more data about DBOX stock on TipRanks’ Stock Analysis page.