Catena Media issues Q2 earnings update
Catena Media plc is today issuing a Q2 earnings update after seeing preliminary financial results for May and having evaluated the recent industry-wide impact of changes in Google's organic search policies that have reduced the effectiveness of some strategic media partnerships. The organic search policy changes relate to a site reputation abuse update by Google that took effect in May and which adversely affects the rankings of sports betting and casino content published by many major news media websites. The update will reduce revenues and direct costs arising from some of the group’