Bright Mountain Media, Inc. and Cl Media Holdings Llc, Bright Mountain Media, Inc., Bright Mountain Llc, Mediahouse, Inc. Enters into the Fourteenth Amendment to Amended and Restated Senior Secured Credit Agreement
June 16, 2022 at 04:45 pm EDT
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On June 10, 2022, Bright Mountain Media, Inc. and its subsidiaries CL Media Holdings LLC, Bright Mountain Media, Inc., Bright Mountain LLC, MediaHouse, Inc. entered into the Fourteenth Amendment to Amended and Restated Senior Secured Credit Agreement. The Company and its subsidiaries are parties to a credit agreement between itself and Centre Lane Partners Master Credit Fund II, L.P. as Administrative Agent and Collateral Agent dated June 5, 2020, as amended. The Credit Agreement was amended to provide for an additional loan amount of $350,000.
This term loan matures on June 30, 2023. As of June 10, 2022, the accumulated term loan principal relative to the 2022 amendments is $2,700,000.
Bright Mountain Media, Inc. focuses on digital publishing, advertising technology, consumer insights, creative and media services. The Company has an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics. Its digital publishing division focuses on developing content that attracts an audience and monetizes that audience through advertising. Its portfolio of owned and operated Websites is focused on moms, parenting, families, and more broadly, women. The portfolio consists of Websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com. Its advertising technology division focuses on delivering targeted ads to audiences on owned and operated sites as well as third-party publishers through the deployment of technologies. Its consumer insights division focuses on providing primary and secondary research, competitive intelligence, and insight to address customers' strategic issues.
Bright Mountain Media, Inc. and Cl Media Holdings Llc, Bright Mountain Media, Inc., Bright Mountain Llc, Mediahouse, Inc. Enters into the Fourteenth Amendment to Amended and Restated Senior Secured Credit Agreement
BRIGHT MOUNTAIN MEDIA, INC. 
