{"id":1465,"date":"2014-06-20T13:07:02","date_gmt":"2014-06-20T13:07:02","guid":{"rendered":"https:\/\/palladiumcapital.com\/?p=1465"},"modified":"2014-08-21T13:09:18","modified_gmt":"2014-08-21T13:09:18","slug":"palladium-participates-in-rant-media-networks-4000000-equity-raise","status":"publish","type":"post","link":"https:\/\/www.palladiumcapital.com\/palladium-participates-in-rant-media-networks-4000000-equity-raise\/","title":{"rendered":"Palladium Capital Advisors Participates in Rant Media Network\u2019s $4,000,000 Equity Raise"},"content":{"rendered":"

\"Rant<\/a>New York, NY \u2013 (June 20, 2014) \u2013 Palladium Capital Advisors, LLC announced today that participated as one of the non-exclusive placement agents in the selling group that raised $4 million for Rant Media Network. Inc.<\/p>\n

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Rant Media Network, Inc. (Rant), is\u00a0a leading sports, lifestyle and entertainment media company, which raised $4 million in a common stock offering to further accelerate the company\u2019s already impressive growth and network expansion. The funding was led by current investor and strategic advisor Barry Honig and new investor Gannett Company\u2019s former CEO and Chairman Craig Dubow. Existing investors Hudson Bay Capital and Roth Capital also participated in this funding round. With the $4 million investment, Rant Media Network has now raised a total of $7.3 million.<\/p>\n

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\u201cThis additional raise lends incredible validity to Rant\u2019s growth goals and objectives as well as our long-term corporate vision,\u201d said Brett Rosin, CEO, Rant Media Network. \u201cTo meet growing demand and open new opportunities for our valued partners, we plan to use this funding to invest in sales and technology to pursue our mission of becoming the world\u2019s premier destination for opinionated sports, entertainment, and lifestyle content. This includes scaling our go-to-market teams and focusing on ramping our technology to build the best, integrated consumer experience across all our properties.\u201d<\/p>\n

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Since launching in 2010, many large brands such as Anheuser Busch, Miller Coors, Procter and Gamble and the Jim Rome Show have partnered with Rant\u2019s RantSports to take advantage of its broad network of exclusive writers and to connect with its highly engaged and passionate audience. The company launched men\u2019s and women\u2019s entertainment sites RantLifestyle and RantChic in the fourth quarter of 2013, and the total audience for its network of sites had grown to over 17 million monthly unique visitors (per comScore) by the end of that quarter. In only its third month, RantLifestyle already comprised almost a third of the network\u2019s audience. Rant\u2019s user base also continues to grow more engaged and already has accumulated more page views \u2014 over\u00a02.3 billion across its network of sites \u2014 than it did for all of 2013.<\/p>\n

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Brands are also able to realize significant value in the quality content written by Rant Media Network\u2019s 400 paid writers across the United States and to create their own unique native content experiences. \u201cOur clients are constantly looking for engaging, premium content, and, additionally, to leverage that content to create compelling consumer experiences. By tapping into Rant\u2019s prolific network of writers, Rant can integrate advertiser messages in a more credible and engaging way,\u201d said Grant Brown, Chief Revenue Officer of Rant.<\/p>\n

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Rant\u2019s fully transparent business model also allows advertisers to know exactly where their brand messaging is showcased on the network. \u201cWhat makes Rant interesting is the level of transparency they provide with their network. This allows for more control and optimization,\u201d says Rob Griffin, EVP, Global Head of Digital Havas Media. \u201cI look forward to continued discussions with them as they grow.\u201d<\/p>\n

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\u201cI\u2019ve been an active supporter of Rant\u2019s growth to date and am excited to be a part of its next stage of growth. This additional investment will help the company to continue to build out and differentiate its technology platform offerings and gain even more momentum,\u201d said Barry. \u201cAs sports, entertainment and lifestyle brands seek more premium content and targeted audiences, Rant will continue to provide advertising solutions that are ahead of the curve.\u201d<\/p>\n

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For more information on Rant Media Network, visit\u00a0www.rantmn.com<\/a>.<\/p>\n

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About Rant Media Network, Inc:
\nRant Media Network, Inc.<\/strong>, a leading creator and distributor of online media, owns and operates a network of opinionated sports, lifestyle, and entertainment content. Its expanding portfolio of sites includes RantSports, RantLifestyle and RantChic.\u00a0RantSports<\/strong>, established in February 2010, covers all major world sports, leagues, teams, players and sporting events.\u00a0RantLifestyle<\/strong>, established in October 2013, delivers celebrity, dining, and entertainment content of interest to men.\u00a0RantChic<\/strong>, also launched in October 2013, creates content for women on topics including beauty and fashion, food and health and shopping.<\/p>\n

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Across its sites, Rant leverages its broad network of more than 400 paid writers across the United States, Canada, and the United Kingdom to provide male and female enthusiasts with entertaining and engaging content. Major brands partner with Rant to develop unique native content experiences and to reach its passionate audience. Rant offers deeply engaging content across its 100% owned and operated and fully transparent network of sites.<\/p>\n","protected":false},"excerpt":{"rendered":"

New York, NY \u2013 (June 20, 2014) \u2013 Palladium Capital Advisors, LLC announced today that participated as one of the non-exclusive placement agents in the selling group that raised $4 million for Rant Media Network. Inc.   Rant Media Network, Inc. (Rant), is\u00a0a leading sports, lifestyle and entertainment media company, which raised $4 million in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts\/1465"}],"collection":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/comments?post=1465"}],"version-history":[{"count":0,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/posts\/1465\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/media?parent=1465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/categories?post=1465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.palladiumcapital.com\/wp-json\/wp\/v2\/tags?post=1465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}