Day: October 17, 2022

Accompanying exhibition ‘From Spark to Spirit’ runs from November 3, 2022 – February 4, 2023

RIYADH, Saudi Arabia, Oct. 17, 2022 (GLOBE NEWSWIRE) — Noor Riyadh, the groundbreaking annual festival of light and art, will launch on November 3, 2022 (until 19 November 2022), accompanied by a 3-month art exhibition (November 3, 2022 – February 4, 2023) and dynamic public program.

Following the success of the festival’s inaugural edition in 2021, this edition will see the festival triple in size, with activations in 40 locations across the city of Riyadh. As one of the world’s most ambitious festivals of its kind, Noor Riyadh transforms the city into a dazzling night-time ‘gallery without walls’ across the largest city footprint of any light art festival worldwide. The festival brings together local communities, from families to artists, students, professionals and more, with international audiences from across the globe.

Noor Riyadh’s 2022 theme ‘We Dream of New Horizons’ is centered around a sense of hopefulness for the future, with connotations that are positive, optimistic and reflective of a confidence in renewal and transformation.

The much anticipated second edition showcases over 120 installations by more than 100 Saudi and international artists. The festival is co-curated by Hervé Mikaeloff, Dorothy Di Stefano and Jumana Ghouth. World renowned artists such as teamLab, Daniel Buren, Douglas Gordon and Alicja Kwade will be joined by Saudi talent including Muhannad Shono, Ayman Zedani, Sarah Brahim and Ahaad Alamoudi. The diverse forms of light art on show include immersive site-specific installations, monumental public artworks, ephemeral sculptures, art trails and virtual reality.

Additional highlights include the festival’s accompanying exhibition entitled ‘From Spark to Spirit’, taking place from November 3, 2022 to February 4, 2023 at JAX 03 (JAX District), Riyadh, curated by Neville Wakefield (lead curator) and Gaida AlMogren (associate curator). The exhibition traces the role light plays in shaping our relationship to a world for which light itself has become the signal of change, exploring themes such as the ‘Technologies of Light’, ‘Architectonics of Light’ and ‘Consciousness of Light’. Example artists include Doug Aitken, Zahrah Al Ghamdi, Refik Anadol, Larry Bell, Jim Campbell, John Edmark, Walaa Fadul, Lina Gazzaz, Phillip K. Smith III and Haroon Mirza.

Noor Riyadh was the first of the Riyadh Art programs to launch, inaugurating what is becoming the project’s legacy of transforming Riyadh into a gallery without walls. Comprising of 10 programs, delivering more than 1,000 public art installations across the city created by local and international artists, and supported by two annual festivals, including Noor Riyadh, Riyadh Art is working to transform the Capital into a vibrant, cosmopolitan city and enrich lives through creative joyful experiences, in line with Saudi Arabia’s Vision 2030 goals.

For more information regarding Riyadh Art and Noor Riyadh contact:

Zara Doshi at Pelham Communications zara@pelhamcommunications.com

Anastasia Lander at Pelham Communications anastasia@pelhamcommunications.com

Website: http://noorriyadh.sa

Noor Riyadh is presented by Riyadh Art and Royal Commission for Riyadh City.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/186a80ce-eb09-4521-bc9b-ea9cd43bbb4f

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

Amsterdam – 17 October 2022 – Azerion has announced the completion of several acquisitions for an aggregated consideration of approximately €12 million (cash and share consideration). The acquisitions include Vlyby Gmbh, a fast growing ad tech company focused on programmatic video advertising and self-service publisher solutions, as well as a number of asset deals consisting of full monetization solutions for digital publishers in Italy (TakeRate) and France. These acquisitions generated approximately €14 million revenue in 2021.

Atilla Aytekin, co-CEO of Azerion, commented: “Our M&A pipeline remains strong, as demonstrated through this latest round of acquisitions. With every new integration we are delighted to see the Azerion platform growing ever stronger and improving the way we are able to satisfy the needs of our customers and partners. We will continue working actively and selectively on strategic M&A opportunities to complement our organic growth.”

To further enhance its monetization capabilities, Azerion will integrate VlyBy’s advertising technology including a product suite that allows publishers to offer video advertising inventory to multiple demand partners simultaneously, optimize pricing with machine learning and combine high performance video player solutions with self-service management and real-time performing interface.

In addition, the asset deals (including TakeRate) will supplement the Azerion platform with fully managed solutions for publishers, simplifying the process of advertising sales and maximizing ad revenue. The acquired assets are already highly effective in solving publisher challenges, offering features such as fixed revenue guarantees based on page view performance. With these integrations Azerion will reinforce its full monetization offering in Europe and significantly improve its level of support for local customers.

The aggregated paid consideration includes up to approximately 50% cash payment (combination of upfront and deferred payments). The remaining balance is settled through an Azerion ordinary shares consideration, resulting in 785,540 treasury shares being transferred to the selling shareholders. The acquisitions were completed at the end of Q3 2022.

About Azerion
Azerion is a high-growth digital entertainment and media platform. As a content-driven, technology and data company, Azerion serves consumers, digital publishers, advertisers, and game creators globally. Azerion’s integrated platform provides technology solutions to automate the purchase and sale of digital advertising for media buyers and sellers, supported by in-market sales and campaign management teams. Through our technology, content creators, digital publishers and advertisers work with Azerion to reach the millions of people across the globe that play Azerion’s games and view its distributed entertainment content to increase engagement, loyalty, and drive e-commerce.

Founded in 2014 by two Dutch entrepreneurs, Azerion has experienced rapid expansion driven by organic growth and strategic acquisitions. Azerion is headquartered in Amsterdam, the Netherlands and is a publicly traded company listed on Euronext Amsterdam.

For more information visit: www.azerion.com.

Contact
Investor Relations ir@azerion.com

Media press@azerion.com