Coronavirus impact: 10 June - outrageous options bonus for management but many will still applaud
We question the wisdom of options which richly reward management for temporary gains and relatively modest real commercial achievement
XL Media: starts to sell assetsXLMedia (LON: XLM), the digital performance publisher, whose primary focus was the online gambling sector, has started sell its Finnish-facing Casino assets, along with certain other publishing sites. This proposed disposal is in line with its strategy of refining its publishing portfolio and refocusing on regulated and high-potential markets, to deliver more sustainable and predictable growth. XLMedia’s 2000+ web sites have always been shrouded in mystery and its shares have been poor performers over the last few years with the group reporting a statutory loss of $58.7m in 2019 as it took an $81m impairment…