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Business Wire
6 days ago
- Business
- Business Wire
The Arena Group Regains Compliance with NYSE American Continued Listing Standards
NEW YORK--(BUSINESS WIRE)--As of June 4, 2025, The Arena Group Holdings, Inc. (NYSE American: AREN) ('The Arena Group' or the 'Company'), a technology platform and media company home to brands including TheStreet, Parade, Men's Journal, and Athlon Sports, received formal notification from NYSE American that it had regained compliance with the NYSE American's continued listing standards set forth in Part 10 of the NYSE American Company Guide as outlined in the Company's October 8, 2024 press release. This resolution was achieved in advance of the April 2026 deadline set by NYSE American to regain compliance. The Arena Group received formal notification from NYSE American that it had regained compliance with the NYSE American's continued listing standards in advance of April 2026 deadline. Share 'We are pleased to have regained compliance with the NYSE American continued listing standards in such a short time,' said Paul Edmondson, CEO of The Arena Group. 'We believe this reflects not only the market-driven stock appreciation, but also our strengthened financial position and three consecutive profitable quarters for the first time in company history. We believe we are well-positioned to maintain profitability throughout 2025.' Arena's common stock will continue to be traded on the NYSE American, subject to its continued compliance with all applicable listing standards Arena previously disclosed the details of the NYSE American notification HERE. For additional information, please refer to the Company's filings with the Securities and Exchange Commission at or visit the Company's investor relations page at About The Arena Group The Arena Group (NYSE American: AREN) is an innovative technology platform and media company with a proven cutting-edge playbook that transforms media brands. Our unified technology platform empowers creators and publishers with tools to publish and monetize their content, while also leveraging quality journalism of anchor brands like TheStreet, Parade, Men's Journal, Athlon Sports, Surfer, Powder and more to build their businesses. The company aggregates content across a diverse portfolio of brands, reaching over 100 million users monthly. Visit us at and discover how we are revolutionizing the world of digital media. Forward Looking Statements This press release includes statements that constitute forward-looking statements. Forward-looking statements may be identified by the use of words such as 'forecast,' 'guidance,' 'plan,' 'estimate,' 'will,' 'would,' 'project,' 'maintain,' 'intend,' 'expect,' 'anticipate,' 'prospect,' 'strategy,' 'future,' 'likely,' 'may,' 'should,' 'believe,' 'continue,' 'opportunity,' 'potential,' and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters, and include, for example, statements related to the Company's anticipated future expenses and investments, business strategy and plans, expectations relating to its industry, market conditions and market trends and growth, market position and potential market opportunities, and objectives for future operations. These forward-looking statements are based on information available at the time the statements are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in or suggested by the forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the ability of the Company to expand its verticals; the Company's ability to grow its subscribers; the Company's ability to grow its advertising revenue; general economic uncertainty in key global markets and a worsening of global economic conditions or low levels of economic growth; the effects of steps that the Company could take to reduce operating costs; the remaining effects of the COVID-19 pandemic and impact on the demand for the Company products; the inability of the Company to sustain profitable sales growth; circumstances or developments that may make the Company unable to implement or realize the anticipated benefits, or that may increase the costs, of its current and planned business initiatives; and those factors detailed by the Company in its public filings with the SEC, including its Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Should one or more of these risks, uncertainties, or facts materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by the forward-looking statements contained herein. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Except as required under the federal securities laws and the rules and regulations of the SEC, we do not have any intention or obligation to update publicly any forward-looking statements, whether as a result of new information, future events, or otherwise.
Business Wire
18-05-2025
- Business
- Business Wire
Arena Group Posts Third Consecutive Profitable Quarter in Q1 2025 with $4.0 Million in Net Income
NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) ('Arena'), a technology platform and media company home to hundreds of media brands, including TheStreet, Parade, Men's Journal, Athlon Sports, Surfer, Powder and more today announced financial results for the three months ending March 31, 2025 ('Q1 2025'). Financial Highlights for Q1 2025: Quarterly revenue was $31.8 million compared to $28.9 million for Q1 2024. Net income was $4.0 million, or $0.08 per diluted share for Q1 2025, compared to a net loss of $103 million, including a $91 million loss from discontinued operations, or $3.91 per diluted share in Q1 2024. Income from continuing operations was $4.0 million in Q1 2025 compared to a loss from continuing operations of $12.7 million in Q1 2024, nearly a $17 million swing. Adjusted EBITDA for Q1 2025 was $9.7 million compared to negative Adjusted EBITDA of $848 thousand for Q1 2024. Financial Guidance for Q2 2025: Expected revenue of approximately $40-$45 million. Income from continuing operations of approximately $9 - $11 million. 'In Q1 2025, we expanded our brand-building activities and competitive publishing model originally pioneered with Athlon Sports to more of our brands, and the results have exceeded expectations,' said Paul Edmondson, CEO of The Arena Group. 'Our entrepreneurial publishers have brought extraordinary energy and commitment to each brand. By aligning incentives with audience engagement, we've unlocked significant growth in our users, distribution and revenue. This performance reaffirms the power of our model.' 'Our goal is to leverage this new approach across our entire platform — driving traffic, higher CPMs, and increased revenue, while maintaining expense discipline to sustain profitability,' Edmondson added. 'With these results, we believe we are well-positioned to maintain profitability throughout 2025.' Operational highlights: Athlon Sports: Audience traffic continues to grow significantly, with traffic increasing over 500% in Q1 2025 vs. Q1 2024. Our commitment to building a diversified revenue stream for Athlon continues to pay off with syndication and commerce revenue growing 730% year-over-year vs Q1 2024. Men's Journal 's traffic increased 282% over the previous month to 33.1 million page views in March 2025, the first month of competitive publishing. TheStreet: The financial brand reached record traffic levels in March 2025, delivering 80 million page views, up 100% vs March 2024. Parade: Digital traffic of Parade and Parade Pets also remained strong with more than 76 million monthly page views in Q1 2025 (up 2% vs Q4 2024). Arena recently acquired the travel brand, TravelHost. This iconic publication was founded in the mid-1960s and was the first in-room hotel magazine. It now provides travelers with local insights in 30+ markets. Arena intends to fully update and modernize the site and the brand's offerings. Video Message: Paul Edmondson, The Arena Group's CEO, has posted a video reviewing Arena's quarterly results and business strategy. The video addresses questions previously submitted by investors and other interested parties. It has been shared across Arena's social media channels and is available HERE. About The Arena Group The Arena Group (NYSE American: AREN) is an innovative technology platform and media company with a proven cutting-edge playbook that transforms media brands. Our unified technology platform empowers creators and publishers with tools to publish and monetize their content, while also leveraging quality journalism of anchor brands like TheStreet, Parade, Men's Journal, Athlon Sports, Surfer, Powder and more to build their businesses. The company aggregates content across a diverse portfolio of brands, reaching over 100 million users monthly. Visit us at and discover how we are revolutionizing the world of digital media. As of (unaudited) December 31, 2024 ($ in thousands, except share data) Assets Current assets: Cash and cash equivalents $ 2,902 $ 4,362 Accounts receivables, net 31,561 31,115 Prepayments and other current assets 4,682 4,757 Total current assets 39,145 40,234 Property and equipment, net 107 148 Operating lease right-of-use assets 2,260 2,340 Platform development, net 8,471 8,115 Acquired and other intangible assets, net 21,940 22,789 Other long term assets 147 151 Goodwill 42,575 42,575 Total assets 114,645 116,352 Liabilities, mezzanine equity and stockholders' deficiency Current liabilities: Accounts payable 3,615 4,844 Accrued expenses and other 10,802 10,990 Unearned revenue 5,230 6,349 Subscription refund liability 662 430 Operating lease liability, current portion 97 254 Liquidating damages payable 3,305 3,230 Current liabilities from discontinued operations 96,056 96,159 Total current liabilities 119,767 122,256 Unearned revenue, net of current portion 193 403 Operating lease liability, net of current portion 2,182 1,964 Deferred tax liabilities 833 802 Simplify loan 7,151 10,651 Debt 110,467 110,436 Total liabilities 240,593 246,512 Mezzanine equity: Series G redeemable and convertible preferred stock, $0.01 par value, $1,000 per share liquidation value and 1,800 shares designated; aggregate liquidation value: $168; Series G shares issued and outstanding: 168; common shares issuable upon conversion: 8,582 at December 31, 2024 and December 31, 2023 168 168 Total mezzanine equity 168 168 Stockholders' deficiency: Common stock, $0.01 par value, authorized 1,000,000,000 shares; issued and outstanding: 47,556,267 and 23,836,706 shares at December 31, 2024 and December 31, 2023, respectively 475 475 Additional paid-in capital 348,752 348,560 Accumulated deficit (475,343 ) (479,363 ) Total stockholders' deficiency (126,116 ) (130,328 ) Total liabilities, mezzanine equity and stockholders' deficiency $ 114,645 $ 116,352 Expand THE ARENA GROUP HOLDINGS, INC. AND SUBSIDIARIES Three Months Ended March 31, 2025 2024 ($ in thousands, except share data) Revenue $ 31,815 $ 28,941 Cost of revenue (includes amortization of platform development and developed technology for 2024 and 2023 of $5,988 and $8,782, respectively) 16,146 20,008 Gross profit 15,669 8,933 Operating expenses Selling and marketing 2,134 4,564 General and administrative 5,283 10,135 Depreciation and amortization 890 987 Loss on impairment of assets - 1,198 Total operating expenses 8,307 16,884 Income (loss) from operations 7,362 (7,951 ) Other (expense) income Change in valuation of contingent consideration - (313 ) Interest expense, net (3,004 ) (4,339 ) Liquidated damages (75 ) (76 ) Total other expense (3,079 ) (4,728 ) Income (loss) before income taxes 4,283 (12,679 ) Income tax provision (286 ) (41 ) Income (loss) from continuing operations 3,997 (12,720 ) Income (loss) from discontinued operations, net of tax 23 (90,638 ) Net income (loss) $ 4,020 $ (103,358 ) Basic and diluted net income (loss) per common share: Continuing operations $ 0.08 $ (0.48 ) Discontinued operations - (3.43 ) Basic and diluted net income (loss) per common share $ 0.08 $ (3.91 ) Weighted average number of common shares outstanding Basic 47,458,076 26,443,764 Expand Use of Non-GAAP Financial Measures We report our financial results in accordance with generally accepted accounting principles in the United States of America ('GAAP'); however, management believes that certain non-GAAP financial measures provide users of our financial information with useful supplemental information that enables a better comparison of our performance across periods. We believe Adjusted EBITDA provides visibility to the underlying continuing operating performance by excluding the impact of certain items that are noncash in nature or not related to our core business operations. We calculate Adjusted EBITDA as net income (loss) as adjusted for loss from discontinued operations, with additional adjustments for (i) interest expense (net), (ii) income taxes, (iii) depreciation and amortization, (iv) stock-based compensation, (v) change in valuation of contingent consideration, (vi) liquidated damages, (vii) loss on impairment of assets, (viii) loss on sale of assets; (ix) employee retention credit, (x) employee restructuring payments, and (xi) professional and vendor fees. Our non-GAAP measure may not be comparable to similarly titled measures used by other companies, have limitations as an analytical tool, and should not be considered in isolation, or as a substitute for analysis of our operating results as reported under GAAP. Additionally, we do not consider our non-GAAP measures as superior to, or a substitute for, the equivalent measures calculated and presented in accordance with GAAP. Some of the limitations are that our presentation of Adjusted EBITDA: does not reflect interest expense and financing fees, or the cash required to service our debt, which reduces cash available to us; does not reflect income tax provision or benefit, which is a noncash income or expense; does not reflect depreciation and amortization expense and, although this is a noncash expense, the assets being depreciated may have to be replaced in the future, increasing our cash requirements; does not reflect stock-based compensation and, therefore, does not include all of our compensation costs; does not reflect the change in valuation of contingent consideration and, although this is a noncash income or expense, the change in the valuations each reporting period are not impacted by our actual business operations but is instead strongly tied to the change in the market value of our common stock; does not reflect liquidated damages and, therefore, does not include future cash requirements if we repay the liquidated damages in cash instead of shares of our common stock (which the investor would need to agree to); does not reflect any losses from the impairment of assets, which is a noncash operating expense; does not reflect any losses from the sale of assets, which is a noncash operating expense does not reflect the employee retention credits recorded by us for payroll related tax credits under the CARES Act; does not reflect payments related to employee severance and employee restructuring changes for our former executives; does not reflect the professional and vendor fees incurred by us for services provided by consultants, accountants, lawyers, and other vendors, which services were related to certain types of events that are not reflective of our business operations; and may not reflect proper non direct cost allocations. The following table presents a reconciliation of Adjusted EBITDA to net income (loss), which is the most directly comparable GAAP measure, for the periods indicated: (1) Interest expense is related to our capital structure and varies over time due to a variety of financing transactions. Interest expense includes $31 and $536 for amortization of debt discounts for the three months ended March 31, 2025 and 2024, respectively, as presented in our condensed consolidated statements of cash flows, which are noncash items. Investors should note that interest expense will recur in future periods. (2) Depreciation and amortization related to our developed technology and Platform is included within cost of revenues of $1,276 and $1,549 for the three months ended March 31, 2025 and 2024, respectively, and depreciation and amortization is included within operating expenses of $890 and $987 for the three months ended March 31, 2025 and 2024, respectively. We believe (i) the amount of depreciation and amortization expense in any specific period may not directly correlate to the underlying performance of our business operations and (ii) such expenses can vary significantly between periods as a result of new acquisitions and full amortization of previously acquired tangible and intangible assets. Investors should note that the use of tangible and intangible assets contributed to revenue in the periods presented and will contribute to future revenue generation and should also note that such expense will recur in future periods. (3) Stock-based compensation represents noncash costs arise from the grant of stock-based awards to employees, consultants and directors. We believe that excluding the effect of stock-based compensation from Adjusted EBITDA assists management and investors in making period-to-period comparisons in our operating performance because (i) the amount of such expenses in any specific period may not directly correlate to the underlying performance of our business operations, and (ii) such expenses can vary significantly between periods as a result of the timing of grants of new stock-based awards, including grants in connection with acquisitions. Additionally, we believe that excluding stock-based compensation from Adjusted EBITDA assists management and investors in making meaningful comparisons between our operating performance and the operating performance of other companies that may use different forms of employee compensation or different valuation methodologies for their stock-based compensation. Investors should note that stock-based compensation is a key incentive offered to employees whose efforts contributed to the operating results in the periods presented and are expected to contribute to operating results in future periods. Investors should also note that such expenses will recur in the future. (4) Change in fair value of contingent consideration represents the change in the put option on our common stock in connection with the Fexy Studios acquisition. (5) Liquidated damages (or interest expense related to accrued liquidated damages) represents amounts we owe to certain of our investors in private placements offerings conducted in fiscal years 2018 through 2020, pursuant to which we agreed to certain covenants in the respective securities purchase agreements and registration rights agreements, including the filing of resale registration statements and becoming current in our reporting obligations, which we were not able to timely meet. (6) Loss on impairment of assets represents certain assets that are no longer useful. (7) Employee restructuring payments represents severance payments to employees under employer restructuring arrangements and payments for the three months ended March 31, 2025 and 2024, respectively. Expand Forward-Looking Statements This Press Release of The Arena Group Holdings, Inc. (the 'Company,' 'we,' 'our,' and 'us') contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the 'Securities Act'), and Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'). Forward-looking statements relate to future events or future performance and include, without limitation, statements concerning our business strategy, future revenues and income from continuing operations, cost reductions, market growth, capital requirements, product introductions, expansion plans and the adequacy of our funding and our ability to alleviate the conditions that raise substantial doubt about our ability to continue as a going concern (as disclosed in our Annual Report on Form 10-K for the year ended December 31, 2024 filed with the SEC on April 15, 2025 (the '2024 10-K') and in our other SEC filings and publicly available documents). Other statements contained in this Press Release that are not historical facts are also forward-looking statements. We have tried, wherever possible, to identify forward-looking statements by terminology such as 'may,' 'will,' 'could,' 'should,' 'expects,' 'anticipates,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and other stylistic variants denoting forward-looking statements. We caution investors that any forward-looking statements presented in this Press Release, or that we may make orally or in writing from time to time, are based on information currently available, as well as our beliefs and assumptions. The actual outcome related to forward-looking statements will be affected by known and unknown risks, trends, uncertainties, and factors that are beyond our control or ability to predict. Although we believe that our assumptions are reasonable, they are not guarantees of future performance, and some will inevitably prove to be incorrect. As a result, our actual future results can be expected to differ from our expectations, and those differences may be material. Accordingly, investors should use caution in relying on forward-looking statements, which are based only on known results and trends at the time they are made, to anticipate future results or trends. We detail other risks in our public filings with the Securities and Exchange Commission (the 'SEC'), including in Part I, Item 1A, Risk Factors, in the 2024 10-K and in the Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 (the 'Q1 10-Q'). The discussion in this Press Release should be read in conjunction with the consolidated financial statements and notes thereto included in Part II, Item 8 in the 2024 10-K and in the Q1 10-Q. This Press Release and all subsequent written and oral forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. We do not undertake any obligation to release publicly any revisions to our forward-looking statements to reflect events or circumstances after the date of this Press Release except as may be required by law.
Business Wire
13-05-2025
- Business
- Business Wire
The Arena Group to Announce First Quarter 2025 Financial Results on Thursday, May 15, 2025
NEW YORK--(BUSINESS WIRE)-- The Arena Group Holdings, Inc. (NYSE American: AREN) (the 'Company' or 'The Arena Group'), an innovative technology platform and media company with brands like TheStreet, Parade, Men's Journal and Athlon Sports, today announced that it will release its financial results for the first quarter ended March 31, 2025, on Thursday, May 15, 2025 following the close of the market. Paul Edmondson, The Arena Group's Chief Executive Officer, will address questions from investors or interested parties about the Company's results and business strategy via video on or around May 15, 2025. To submit a question, investors should email media@ by May 14, 2025. The Company will not be able to respond to all submitted questions; however, Mr. Edmondson will address as many relevant inquiries as possible. A follow-up live Q&A may be scheduled at a later date. About The Arena Group The Arena Group (NYSE American: AREN) is an innovative technology platform and media company with a proven cutting-edge playbook that transforms media brands. Our unified technology platform empowers creators and publishers with tools to publish and monetize their content, while also leveraging quality journalism of anchor brands like TheStreet, Parade, Men's Journal and Athlon Sports to build their businesses. The company aggregates content across a diverse portfolio of brands, reaching over 100 million users monthly. Visit us at and discover how we are revolutionizing the world of digital media.
Yahoo
01-05-2025
- Business
- Yahoo
Why The Arena Group Holdings Inc (AREN) is Surging in 2025
We recently published a list of . In this article, we are going to take a look at where The Arena Group Holdings Inc (NYSE:AREN) stands against other communication services stocks that are up the most so far in 2025. The communication services sector has been one of Wall Street's most dynamic performers so far this year. The sector has a lot of breadth and encompasses everything from traditional telecom giants to digital advertising platforms and streaming entertainment providers, so the sector hardly moves in tandem. What makes this sector particularly intriguing is how different subsegments are thriving for entirely different reasons. Tech-oriented communication stocks have capitalized on AI, whereas telecom stalwarts have found strength through 5G network expansion, which is finally becoming the dominant communication standard this year. Understanding these market leaders provides both defensive positioning opportunities and exposure to some of the most innovative companies. Even during bear markets, there are pockets of the market that perform exceptionally well. For example, I identified in another article. For this article, I screened the best-performing communication services stocks year-to-date. I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close up of a laptop screen with a user engaging in the platform's features. Number of Hedge Fund Holders In Q4 2024: 3 The Arena Group Holdings Inc (NYSE:AREN) is a technology-driven media company that operates a portfolio of digital publishing brands, including TheStreet, Parade, and Men's Journal. The most important catalyst for Arena Group's massive rally in 2025 was the announcement of a leadership shakeup in April, with the Board terminating CEO Sara Silverstein and appointing Paul Edmondson as interim CEO. This move was interpreted as a pivot toward a more aggressive growth and transformation strategy, which the Board said required entrepreneurial leadership. Investors have also been encouraged by the company's first-ever profitable quarter reported in late 2024, a focus on revenue diversification, and the expectation of a new growth plan under Edmondson. AREN stock is up 241.79% year-to-date. Overall, AREN ranks 1st on our list of communication services stocks that are up the most so far in 2025. While we acknowledge the potential of AREN, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AREN but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Miami Herald
15-04-2025
- Business
- Miami Herald
The Arena Group reports fourth-quarter earnings
Editor's note: TheStreet's parent company is The Arena Group (AREN), an innovative media and technology company that is home to many of the most iconic and passionate media brands, including TheStreet, Parade, Men's Journal, and Athlon Sports. In the interest of our loyal audience here at TheStreet, we wanted to share our parent company's latest financial results so you can have transparency in our media business. Read excerpts from today's press release below. And now some news about us. Arena Group Holdings (AREN) , TheStreet's parent company, posted fourth-quarter earnings on April 15. In addition to TheStreet, the technology platform and media company is home to well-regarded media brands, including Parade Media, Men's Journal, Surfer, Powder and Athlon Sports. "In 2024, we built a strong foundation with Athlon Sports. This started with premium content, expanding our print products at newsstands and growing our social footprint," Paul Edmondson, chief executive of The Arena Group, said in a statement. "We then coupled this with what we call 'competitive publishing' to expand our reach." "Competitive publishing is a new model designed for 24/7 breaking news coverage where multiple, talented teams compete. It's proven to grow audiences, pay talent better and more fairly, and be profitable for The Arena Group. A true win-win." Edmondson continued. "We launched this model on Men's Journal in Q1 2025, and at Parade and The Street at the start of Q2 2025. The results are very promising. We expect to be profitable in every quarter of 2025." Fourth-quarter revenue rose 8% from the previous quarter to $36.2 million, while income from continuing operations totaled $7.2 million, or 15 cents per share, compared with $4.8 million, or 13 cents per share. TheStreet delivered 36 million average monthly page views, up 1% from the third quarter. Athlon Sports reported 284 million page views in the quarter, up 20% from the previous quarter and reflecting a 325% increase from the year-ago quarter. The site averaged 94 million page views a month in Q4 2024. For the year, The Arena Group posted a loss from continuing operations of $7.7 million, compared with a loss of $37.2 million a year ago. This year has seen Athlon Sports launch Best Podcast Available, a new podcast with an National Football League draft expert, Luke Easterling, who has covered college football and the NFL for more than two decades. Athlon Sports also released its 2025 motorsports racing preview print magazine after a two-year hiatus. The magazine included ranking of the top 30 Nascar Cup Series drivers, complete with scouting reports, where drivers, crew chiefs, team owners and industry insiders anonymously provide input on each driver. Meanwhile, Parade had an exclusive interview with the actor, producer and director Alan Cumming in February. The Emmy and Tony Award winner talked about the contestants and his costumes on "The Traitors," which became the No. 1 unscripted TV series in the U.S.; why he could die happy never being in "Cabaret" again, and what it's like being 60. Read more about The Arena Group. Related: Veteran fund manager who forecast S&P 500 crash unveils surprising update The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.
