iyzico is to acquire Paynet from Arena Group in a deal worth around $87m.

NEW YORK--(BUSINESS WIRE)--The Arena Group, owner of SURFER, announced today its sponsorship of the 2024 Big Wave Challenge. Partnering with legendary big wave media pioneer Bill Sharp, co-producer of HBO’s 100 Foot Wave, the reinvigorated Big Wave Challenge will recognize and celebrate the accomplishments of the world’s best big wave surfers and content creators, awarding a total of $150,000 in prize money. The announcement aligns with the relaunch of SURFER and a special edition print magazine coming this summer. “The Big Wave Challenge carries on the legacy of recognizing the extraordinary performance and commitment levels of big wave surfers,” said Bill Sharp, creator of the Big Wave Challenge. “This year, with SURFER on board, we can take this event to the next level to celebrate these incredible athletes and inspire the next generation of big wave riders.”. The Big Wave Challenge is the successor to the XXL Big Wave Awards, which was founded by Sharp in 2000

NEW YORK--(BUSINESS WIRE)--The Arena Group announces the return of SURFER with a special print edition due out this summer. First published in 1960, this marks the revival of premium surf journalism, world-class photography, as well as a number of other exciting projects in the works. The relaunch of SURFER coincides with the appointment of Jake Howard as the brand’s new editor-in-chief. A fixture in the surf publishing world for more than 25 years, he brings a wide array of experiences to the role, including previously serving as managing editor for SURFER and senior editor for the World Surf League. He launched RedBullSurfing.com in 2009, and has covered the sport for ESPN, The Surfer’s Journal, Surfline, as well as provided marketing expertise for leading brands including Quiksilver, Roxy and Rip Curl. Now returning to SURFER since first working for the publication in 2000, Howard, along with a talented, dynamic team, will lead the charge into the future