The Arena Group has purchased multimedia content company AMG/Parade.

The Arena Group creates robust digital destinations that enable brands like Sports Illustrated, TheStreet, and Parade to deliver highly relevant content and experiences that consumers love. AMG/Parade develops and distributes premium content on digital, video and print platforms in the lifestyle, celebrity, food & wellness, sports and outdoor verticals. AMG/Parade’s digital products have a combined 119 million monthly unique users and the related print products have a combined audience of 257 million.

“We are thrilled to formally welcome AMG/Parade to The Arena Group family of media brands. Their storied brands and content garner incredible reach and will immediately create and anchor a new Lifestyle Arena for our business while reinforcing our status as a leading Sports content creator,” said Ross Levinsohn, CEO of The Arena Group. “Our highly efficient, data-driven, technology-powered media platform, coupled with editorial teams who create distinct content, present an exciting opportunity to grow these brands for the long term.”