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Pursuing Shaw Media, Corus blasts Catalyst's 'hypothetical' offering

2016-03-02 04:56:04| Telecom - Topix.net

Corus Entertainment has fired back against Catalyst Capital, which has raised concerns about Corus' planned C$2.65B acquisition of Shaw Media and proposed to terminate an outstanding Corus subscription receipts offering for what Corus calls a "hypothetical" rights offering. Catalyst had complained to regulators with concerns that the Shaw family -- which controls both Corus and Shaw Media parent Shaw Communications -- could reap C$50M just for making the deal happen.

Tags: media offering shaw pursuing

 

UK media reaction to 'toastergate' is hysterical and illogical

2016-03-01 11:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Some Brits love to hate the EU, especially when the bureaucrats are going after things like kettles or toasters. Last week was no exception, when old news resurfaced that one day the EU may gently show the door to the worst-performing kitchen equipment. There are no current EU rules for toasters and there was no real development. But that didnt stop the The Sun and others going into overdrive for a story based on a tweet from a Ukip MEP suffering from limp toast and a logic gap. The irony...

Tags: media reaction illogical media reaction

 
 

Vivendi, Liberty Media agree USD 775 mln settlement

2016-02-26 15:27:00| Telecompaper Headlines

(Telecompaper) Vivendi announced that it has agreed to settle a lawsuit filed by Liberty Media in March 2003 related to the formation of Vivendi Universal Entertainment in May 2002. Vivendi has agreed to pay Liberty Media USD 775 million to settle, although it rejects having committed any wrongdoing. Vivendi said it was pleased to resolve the long-running dispute on terms it sees as being in the interest of the company and its shareholders.

Tags: media agree usd settlement

 

SES PS buys RR Media for USD 242 mln

2016-02-26 09:54:00| Telecompaper Headlines

(Telecompaper) SES Platform Services, part of the SES family, said it has agreed to acquire all of RR Media for USD 13.291 per share, or a total enterprise value of USD 242 million, with the aim of creating a world-leading global media solutions provider. The deal, funded by the existing financial resources of SES, is subject to regulatory approvals, which are expected to complete in the second or third quarter of this year. After the closing, RR Media and SES PS will be combined to create a new, stand-alone world-leading media services provider, offering full continuity and enhanced service to their existing customers.

Tags: media ses usd buys

 

Build-A-Bear adds toy, social media expertise to board

2016-02-24 19:39:05| Toys - Topix.net

Build-A-Bear is adding two new board members whose backgrounds should serve the company well as it moves forward with its transformation plan. Build-A-Bear announced that Tim Kilpin and Sarah Personette have been appointed to the company's board of directors.

Tags: media board social expertise

 

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