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Paradium.AI announced a 10-year strategic platform agreement with Roundtable and a related private equity purchase that would leave Roundtable with about 49.5% ownership if closed.
Paradium.AI said it signed a 10-year strategic platform agreement with Roundtable (Nasdaq: RTB), providing an update on the deal.
Roundtable Digital agreed on a 10-year $1 billion deal to move Paradium’s media portfolio onto Roundtable’s AI/DeFi MediaOS.
Roundtable CEO James Heckman announced a 10-year, $1 billion agreement with Paradium.AI (NYSE: PAAI) to migrate, operate and monetize Arena’s premium media portfolio on Roundtable’s AI/DeFi MediaOS. Roundtable forecasts $100 million annualized revenue and an EBITDA-positive stand-alone run rate after deal closure; the