SEGG Media backed Veloce Media Group boasts strong quarter with blue-chip partnerships for newly acquired Quadrant

Core Viewpoint - SEGG Media Corporation is experiencing positive growth following its strategic investment in Veloce Media Group and Veloce's acquisition of Quadrant, which is enhancing its portfolio in sports, gaming, and digital media [3][4][6]. Group 1: Company Growth and Strategy - SEGG Media's investment in Veloce has led to significant growth across competitive operations, digital media platforms, and immersive content divisions [4][6]. - Quadrant, co-founded by Formula 1 driver Lando Norris, has secured landmark partnerships with major companies such as Electronic Arts, T-Mobile, Lego, NordVPN, Revolut, and Swarovski, indicating its rapid growth and strong market positioning [5][6]. - Veloce reported £12.8 million ($17.5 million) in revenue for the financial year ending June 2024, representing a 153% increase compared to the previous year, driven by the Quadrant acquisition and an expanding portfolio [8]. Group 2: Future Prospects - The new global partnerships secured by Quadrant are expected to be a significant driver of future revenues for SEGG Media [6]. - SEGG Media has a call option to acquire a 51% majority stake in Veloce, solidifying its commitment to being at the forefront of next-generation sport and entertainment [9]. - Veloce operates the world's largest racing and gaming media network, generating over 750 million monthly digital views and engaging a rapidly growing Gen-Z and millennial audience [7].