Bright Mountain Media, Inc. Provides Earnings Guidance for the Year Ended December 31, 2020
May 28, 2021 at 01:35 am IST
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Bright Mountain Media, Inc. provided earnings guidance for the year ended December 31, 2020. For the year, the company estimated revenues to increase 130% to approximately $16 million, as compared to revenue of $7.0 million in the previous year. The increase in revenue was primarily due to continued platform growth, including from the acquisition of the Company’s publishing division Wild Sky Media.
Bright Mountain Media, Inc. focuses on digital publishing, advertising technology, consumer insights, creative and media services. The Company has an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics. Its digital publishing division focuses on developing content that attracts an audience and monetizes that audience through advertising. Its portfolio of owned and operated Websites is focused on moms, parenting, families, and more broadly, women. The portfolio consists of Websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com. Its advertising technology division focuses on delivering targeted ads to audiences on owned and operated sites as well as third-party publishers through the deployment of technologies. Its consumer insights division focuses on providing primary and secondary research, competitive intelligence, and insight to address customers' strategic issues.
BRIGHT MOUNTAIN MEDIA, INC. 
