Multinational cable, fibre, telecommunications, contents and media company Altice has confirmed that Altice USA has filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering of shares of Class A Common Stock. The number of shares to be offered and the price range for the offering have not […]
Comcast’s NBCUniversal has invested $500 million (€472m) in Snapchat’s initial public offering (IPO). NBCU is pushing more and more into digital media, it has invested $400 million in online publisher Buzzfeed and $200 million in Vox Media over the last 18 months. Snapchat owner Snap saw its stock rise 44 per cent on day one […]
Multinational cable, fibre, telecommunications, contents and media company Altice has confirmed that it is exploring the possibility of an initial public offering (IPO) of a minority interest in its US operations, Altice USA. “No decisions have been taken at this point on the structure or timing of any IPO, and no assurance can be given […]
British media and cellular transmission company Arqiva is reportedly planning to sell itself. Sky News is reporting that Arqiva is close to hiring bankers to advise on a potential sale. The business employs more than 2,100 people and carries the signals and satellite uplinks for many UK broadcasters, as well as owning some 8,000 cellular […]
Millennial-focused hologram, virtual reality, and premium streaming content platform FOTV Media Networks has announced what it believes to be the largest-ever crowd financing campaign for its initial public offering on Nasdaq. FOTV and its subsidiaries, which produce and distribute patented hologram shows, virtual reality, live shows, live broadcasts and premium over-the-top streaming content has launched […]
In addition to announcing its plans to overhaul its organisational structure, multinational cable, fibre, telecommunications, content and media company Altice is to simplify the Group’s ownership structure and enhance its organisational flexibility through an exchange offer for the outstanding 22.25 per cent of shares in telco subsidiary SFR Group not currently owned by Altice. Altice […]
FOTV Media Networks Inc., the interrelated group of digital media companies which produces and distributes hologram, virtual reality, 360 and premium Hollywood content globally with an over-the-top (OTT) audience of more than 75 million monthly unique users of its live and on-demand movies and television, has confirmed the launch of its initial public offering of […]
Video technology provider Kaltura has secured a $50 million (€45.1m) pre-IPO funding from Goldman Sachs’ Private Capital Investing group. Kaltura will use the additional capital to extend its footprint across all six continents, and to further its positioning as the ‘Everything Video’ company – providing leading video products for an unprecedented array of markets and […]
A report from right-wing policy institute the Institute of Economic Affairs (IEA) has described the BBC as “no longer fit for purpose,” suggesting that its market power – especially in terms of news provision – coupled with its compulsory funding method and its closeness to the political process is hugely problematic. According to the IEA, […]
India pay-TV broadcaster TataSky, 30 per cent owned by Rupert Murdoch’s 21st Century Fox (and 51 per cent by conglomerate Tata Groupo) is again contemplating mounting an Initial Public Offering (IPO). This is not the first time the operator has been rumoured to be considering a public float, but this time the reports seem well-founded. […]