Bright Mountain Media Inc. has announced its financial results for the second quarter and the six months ended June 30, 2025. The company's revenue for the second quarter increased to $15.4 million, an 18% increase from $13.0 million during the same period in 2024. This growth was mainly attributed to the company's advertising technology division, which successfully attracted leading advertisers and onboarded premium publishers, leading to increased volume and rates. However, revenue from the digital publishing division faced declines due to macroeconomic factors and reduced customer spending related to inflationary concerns. For the first half of 2025, Bright Mountain Media reported a revenue of $29.6 million, marking a 16% increase compared to $25.5 million in the first half of 2024. Despite the overall revenue growth, the creative services division saw a decline due to a decrease in projects from small tier revenue customers. CEO Matt Drinkwater highlighted the company's strong financial performance, noting the consistent growth and strategic execution that have contributed to the company's achievements in key performance metrics. The company continues to focus on leveraging its resources and technology platform to match demand from top advertisers with premium ConnectedTV advertising inventory, fostering partnerships with a growing list of premium publishers and streaming platforms.
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