Core Insights - RYVYL Inc. is advancing its merger with Roundtable, which has formed a strategic partnership with The Hockey News and expanded its journalist network to over 150 former Sports Illustrated professionals [1][2][3] Group 1: Strategic Partnerships - Roundtable has signed a 10-year strategic partnership with The Hockey News, involving a $15 million title sponsorship commitment [2] - Graeme Roustan, CEO of The Hockey News, will join Roundtable's board of directors, maintaining his position post-merger with RYVYL [2] Group 2: Journalist Network Expansion - Following the initial announcement in September 2025, Roundtable has onboarded an additional 50 former Sports Illustrated journalists, increasing the total to over 150 [3] - Notable additions include Mike Fisher, a Dallas Cowboys NFL insider, who previously generated over $4 million in annualized revenue for Sports Illustrated [3] Group 3: Management Commentary - The CEO of Roundtable emphasized the importance of owning audience relationships and controlling distribution, highlighting the value of their Web3-native solution for independent sports content creators [4] Group 4: Planned Transaction - RYVYL expects to complete its merger with Roundtable in the third quarter of 2026, pending regulatory approval [5]

Core Viewpoint - TNL Mediagene's subsidiary Infobahn has been appointed as the Lead Partner for the Japanese Ministry of Economy, Trade and Industry's initiative "The Program for Creating Global Fashion IP," aiming to enhance Japan's creative industries and promote global fashion intellectual property [1][5]. Group 1: METI and Its Initiatives - The Ministry of Economy, Trade and Industry (METI) is a crucial government body in Japan responsible for industrial policy, trade, energy security, and innovation, formed in 2001 [2]. - METI's initiatives, such as "Cool Japan," aim to leverage Japan's pop culture to boost the economy and enhance national brand power through public-private partnerships [2][3]. Group 2: The Program for Creating Global Fashion IP - The "Program for Creating Global Fashion IP" focuses on enhancing the global value of Japanese creative industries, particularly fashion, by fostering international expansion and talent development [3][5]. - The program aims to transform cultural strengths into economic assets by developing products that utilize local resources and traditional techniques [3]. Group 3: Infobahn's Role and Capabilities - Infobahn is recognized for its strategic planning and project execution capabilities, making it a suitable leader for the METI program [4][5]. - The company will provide comprehensive support for business development, including mentoring, fieldwork, and collaboration opportunities for creators [4]. Group 4: Upcoming Event - The outcomes of the program will be showcased at the "UNFOLDING" event scheduled for January 2026 in Tokyo and Kyoto, Japan [6]. - This event is positioned as a significant step in introducing Japanese fashion creators to the international market [7].

Company Overview - Versant Media, a newly public company, experienced a 13% decline in its stock price on its first trading day, closing at $40.57 [1] - The company was spun off from Comcast, with shareholders receiving 1 share of Versant for every 25 shares of Comcast [3] Financial Projections - Versant anticipates generating $6.7 billion in revenue, with 62% from linear distribution, 23% from advertising, 13% from digital platforms, and 3% from content licensing [4] - The company expects to achieve $2.3 billion in EBITDA and $1.5 billion in free cash flow [4] - Versant starts with $3 billion in gross debt, $750 million in cash, and $1.5 billion in total liquidity [4] Market Context - The spin-off is viewed as a significant indicator of the future of cable television, which is facing a decline as audiences shift to streaming services [5] - Versant serves as a proxy for Discovery Global, another linear television company that Warner Bros. Discovery plans to divest in 2026 [5] Corporate Developments - Versant has chosen the historic New York Times building as its permanent headquarters, expanding its presence to six floors [7][8] - The decision to remain in this location was influenced by employee feedback regarding commute convenience [8]

Core Viewpoint - VS Media Holdings Limited has announced a delay in the effective date for its Class A ordinary shares reverse stock split, now set for January 12, 2026, due to regulatory clearance issues [1]. Company Overview - VS Media Holdings Limited (NASDAQ: VSME) is a leader in managing a global network of digital creators, focusing on content-driven social commerce and marketing services [3]. - The company was founded in 2013 and collaborates with over 1,500 creators and more than 1,000 brands across Asia Pacific, including markets like Hong Kong, China, Taiwan, and Singapore [3].

Core Viewpoint - Versant Media Group has officially become an independent, publicly traded media company, marking a significant moment in the media industry as it navigates ongoing disruptions and challenges [4]. Company Summary - Versant began trading on Nasdaq under the ticker symbol "VSNT" with an initial trading price of $55 per share on December 15, 2025, but closed at $46.65 per share on the following Friday [2]. - The company's market capitalization is reported at $6.8 billion, with 145.76 million shares outstanding, based on the spin-off ratio where Comcast shareholders received one share of Versant for every 25 shares of Comcast [3]. - CEO Mark Lazarus emphasized the company's scale, strategy, and leadership as it transitions to a standalone entity, aiming to grow and evolve its business model [4]. Industry Context - The media industry has seen few traditional companies go public recently due to significant challenges, particularly the shift from traditional TV bundles to streaming services [5]. - The sector has been characterized by consolidation and mergers, with notable activities such as Paramount Skydance's merger and Warner Bros. Discovery's proposed deal with Netflix [6].

Core Viewpoint - VS Media Holdings Limited plans to implement a 1-for-20 share combination of its Class A and Class B ordinary shares to regain compliance with Nasdaq listing requirements, effective January 9, 2026 [1][2]. Group 1: Share Combination Details - The share combination will convert every twenty issued and outstanding Class A and Class B ordinary shares into one Class A ordinary share, with no fractional shares issued [2]. - The share combination was approved by the Company's board of directors on December 4, 2025, and by shareholders on December 31, 2025 [3]. Group 2: Company Overview - VS Media Holdings Limited manages a network of over 1,500 digital creators and partners with more than 1,000 brands across Asia Pacific, focusing on content-driven social commerce and marketing services [4]. - The Company was founded in 2013 and is expanding its operations internationally, including markets in Hong Kong, China, Taiwan, and Singapore [4].

Group 1: Digital Token Distribution - Trump Media and Technology Group plans to distribute a new digital token to shareholders of its publicly traded stock, DJT, in partnership with Crypto.com [1] - The distribution will utilize Crypto.com's infrastructure, with the token expected to operate on the Cronos blockchain, which supports high transaction throughput and interoperability [2] - Each beneficial owner of DJT shares will be eligible to receive one digital token for every whole share owned, starting from a future record date [3] Group 2: Token Characteristics and Rewards - The token is not intended to function as equity or a financial security, and it will not represent ownership in the company or any other entity [5] - Token holders may receive periodic rewards throughout the year, which could include benefits or discounts related to Trump Media's products, such as Truth Social and Truth+ [4] - The company indicated that the token may be non-transferable and cannot be exchanged for cash [5] Group 3: Financial Performance - Trump Media reported revenue of $3.67 million for the trailing twelve months of 2025, a slight increase of about 1.6% from 2024's revenue of $3.61 million [7] - This revenue figure remains below the $4.13 million reported in 2023, indicating that revenue growth has largely stalled [8] - The company is facing challenges in meaningfully expanding its income base [8] Group 4: Management Insights - Trump Media's CEO Devin Nunes stated that the token is a way to reward shareholders while navigating improving regulatory clarity [6] - Further details regarding the token's issuance are expected to be released in the new year [6] - The stock of DJT recently traded at about $13.30, reflecting a 5.85% increase on the day following the token announcement [6]

Core Viewpoint - Trump Media and Technology Group plans to distribute a new digital token to shareholders through a partnership with Crypto.com, marking a significant move in the crypto space for the company [1][2]. Group 1: Token Distribution - The token will be issued on Crypto.com's Cronos blockchain, with each shareholder receiving one token for every whole share of DJT held [1]. - Additional details regarding the token distribution are expected to be announced in the new year [3]. Group 2: Rewards and Benefits - Token holders may receive periodic rewards throughout the year, including potential benefits or discounts related to Trump Media's products such as Truth Social, Truth+ streaming service, and Truth Predict [2]. Group 3: Market Reaction - Shares of Trump Media rose in pre-market trading, with DJT increasing to $12.97, a gain of 3.18% [3]. - Crypto.com's native token, CRO, initially jumped 3.8% following the announcement before retracting some gains [3]. Group 4: Leadership and Vision - Donald Trump, the majority owner of Trump Media, has expressed favorable views on the crypto industry, aiming for the U.S. to become a "bitcoin superpower" [2]. - CEO Devin Nunes emphasized the importance of utilizing Crypto.com's blockchain technology to enhance regulatory clarity and promote fair markets [2].

Core Viewpoint - Trump Media is launching a new digital token aimed at rewarding shareholders and promoting engagement across its platforms, marking its entry into the cryptocurrency space [1][2][5]. Group 1: Token Distribution and Benefits - Existing shareholders of Trump Media will receive airdrops of the new digital token, with each beneficial owner of DJT shares eligible for one token per whole share [3][7]. - Token holders will gain periodic rewards linked to Trump Media products, including Truth Social, Truth+, and Truth Predict, which may include benefits or discounts [4][6]. - The distribution will utilize Crypto.com's Cronos blockchain, and Trump Media has previously acquired $6.42 billion worth of CRO digital tokens [5][6]. Group 2: Strategic Partnerships and Market Position - Trump Media has a non-binding partnership with Crypto.com to launch ETFs featuring Cronos, Bitcoin, and other assets [6]. - This initiative is seen as one of the first significant integrations of shareholder rewards with digital tokens in the media sector, highlighting a potential trend in the industry [8]. Group 3: Regulatory and Market Considerations - The company clarified that the tokens are not securities, do not represent ownership in Trump Media, and may not be transferable or exchangeable for cash [7]. - Additional details regarding the distribution schedule and token benefits will be provided in the coming year [7].

Core Viewpoint - VS MEDIA Holdings Limited has postponed its Annual General Meeting of Shareholders due to a lack of quorum, rescheduling it to December 31, 2025, while maintaining the record date of December 15, 2025 [1][2]. Group 1: Meeting Details - The Annual General Meeting was originally scheduled for December 30, 2025, but has been adjourned to December 31, 2025, at 10:00 p.m. local time [1]. - The adjournment was necessary as the meeting did not meet the quorum requirements as per the company's governing documents [2]. - Shareholders who have submitted proxy forms do not need to take further action unless they wish to change their votes, and their votes will be counted at the adjourned meeting [2]. Group 2: Company Overview - VS MEDIA Holdings Limited, founded in 2013, manages a global network of digital creators who publish content on platforms like YouTube, Facebook, Instagram, and TikTok [3]. - The company’s creators include influencers, Key Opinion Leaders (KOLs), bloggers, and other content creators who build fanbases on social media [3].