AMC Networks

MEDIAGENIX Acquires Media Program Management Solution from Broadcast AdTech Leader, Expands Footprint in North America

Retrieved on: 
Monday, April 8, 2024

As part of the transaction, MEDIAGENIX acquired 55 new customers and 11 employees from its strategic partner, the market leader in broadcast inventory and revenue workflow management.

Key Points: 
  • As part of the transaction, MEDIAGENIX acquired 55 new customers and 11 employees from its strategic partner, the market leader in broadcast inventory and revenue workflow management.
  • Both offices will manage client relations and support for its growing roster of customers across North America and Latin America.
  • Although it has been the cable and TV industry’s media program management solution of record, it lacked automation.
  • By establishing its US headquarters and opening the Denver office, acquiring the leading media program management solution and industry experts, and inheriting a built-in customer base, MEDIAGENIX is positioned for accelerated expansion in North America.

AMC Networks Inc. Announces Pricing of Upsized Private Offering of $875 Million of 10.25% Senior Secured Notes due 2029

Retrieved on: 
Tuesday, March 26, 2024

The Notes will be unconditionally guaranteed, on a joint and several basis, by each of AMC Networks’ existing and future domestic subsidiaries, subject to certain exceptions, on a senior secured basis.

Key Points: 
  • The Notes will be unconditionally guaranteed, on a joint and several basis, by each of AMC Networks’ existing and future domestic subsidiaries, subject to certain exceptions, on a senior secured basis.
  • AMC Networks will use the remaining proceeds from the offering of the Notes for general corporate purposes, which may include the repayment of indebtedness.
  • AMC Networks is offering the Notes (and the related guarantees) pursuant to an exemption under the Securities Act of 1933, as amended (the “Securities Act”).
  • The Notes have not been and will not be registered under the Securities Act or under any state securities laws.

AMC Networks Announces Conditional Full Redemption of 4.75% Senior Notes due 2025

Retrieved on: 
Monday, March 25, 2024

NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company”) announced today that it has given notice of its intention to redeem all of its outstanding 4.75% Senior Notes due 2025 (CUSIP Number 00164V AE3) (the “Notes”) on April 24, 2024 (the “Redemption Date”).

Key Points: 
  • NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company”) announced today that it has given notice of its intention to redeem all of its outstanding 4.75% Senior Notes due 2025 (CUSIP Number 00164V AE3) (the “Notes”) on April 24, 2024 (the “Redemption Date”).
  • If the condition to the redemption of the Notes described below is satisfied, the Notes will be redeemed at a redemption price of 100.000% of the principal amount of the Notes plus accrued and unpaid interest to, but excluding, the Redemption Date (the “Redemption Price”).
  • AMC Networks has instructed U.S. Bank Trust Company, National Association, as the trustee for the Notes (the “Trustee”), to distribute a notice of redemption to all registered holders of the Notes on March 25, 2024.
  • Copies of the notice of redemption and additional information relating to the procedure for the redemption of the Notes may be obtained from U.S. Bank Trust Company, National Association by calling 1-(800)-934-6802.

AMC Networks Inc. Announces Proposed Private Offering of $700 Million of Senior Secured Notes due 2029

Retrieved on: 
Monday, March 25, 2024

NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (“AMC Networks” or the “Company”) (Nasdaq: AMCX) today announced that it intends to offer, subject to market conditions and other factors, $700 million aggregate principal amount of senior secured notes due 2029 (the “Notes”) in a private offering.

Key Points: 
  • NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (“AMC Networks” or the “Company”) (Nasdaq: AMCX) today announced that it intends to offer, subject to market conditions and other factors, $700 million aggregate principal amount of senior secured notes due 2029 (the “Notes”) in a private offering.
  • The Notes will be unconditionally guaranteed, on a joint and several basis, by each of AMC Networks’ existing and future domestic subsidiaries, subject to certain exceptions, on a senior secured basis.
  • AMC Networks is offering the Notes (and the related guarantees) pursuant to an exemption under the Securities Act of 1933, as amended (the “Securities Act”).
  • The Notes have not been and will not be registered under the Securities Act or under any state securities laws.

Mediaocean and Magnite Strike Exclusive Partnership to Automate Media Planning, Execution, and Reconciliation in Streaming TV

Retrieved on: 
Thursday, March 14, 2024

This partnership enables Prisma users to activate streaming campaigns directly with premium video sellers through Magnite’s ClearLine solution.

Key Points: 
  • This partnership enables Prisma users to activate streaming campaigns directly with premium video sellers through Magnite’s ClearLine solution.
  • The partnership builds on the 2023 deal to bring Magnite’s streaming inventory into Mediaocean’s ad infrastructure for local TV buyers.
  • As CTV ad spend grows to $30 billion in the US this year, we’re excited to partner with Magnite.
  • “The integration of Prisma and ClearLine will bring more automation to TV buying and further dissolve the divide between linear and streaming ad investment.

Altice USA Expands Financial Leadership Team with Appointments of John Hsu, SVP, Corporate Finance and John Lombana, SVP, Corporate Controller

Retrieved on: 
Monday, March 11, 2024

Altice USA (NYSE: ATUS) today announces the appointments of John Hsu, SVP, Corporate Finance and John Lombana, SVP, Corporate Controller, both reporting to Chief Financial Officer Marc Sirota.

Key Points: 
  • Altice USA (NYSE: ATUS) today announces the appointments of John Hsu, SVP, Corporate Finance and John Lombana, SVP, Corporate Controller, both reporting to Chief Financial Officer Marc Sirota.
  • John Lombana will be responsible for the company’s financial reporting, accounting, internal controls, tax, revenue assurance, and financial system administration functions.
  • “As Altice USA and Optimum continue on our path to become the connectivity provider of choice in every community we serve, we are pleased to expand our finance leadership team with the appointments of John Hsu, SVP, Corporate Finance and John Lombana, SVP, Corporate Controller,” said Altice USA Chief Financial Officer Marc Sirota.
  • Prior to that, he worked as VP of financial and strategic planning at Cablevision for seven years.

PubMatic Announces Record Fourth Quarter and Fiscal Year Ended 2023 Financial Results; Board of Directors Expands Share Repurchase Program by $100 Million

Retrieved on: 
Monday, February 26, 2024

NO-HEADQUARTERS/REDWOOD CITY, Calif., Feb. 26, 2024 (GLOBE NEWSWIRE) -- PubMatic, Inc. (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future, today reported financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • In addition to top line revenue acceleration, we continued our long track record of strong profitability, high margins, and generated record free cash flow.
  • Ended Q4 2023 with over 45% of total activity coming from Supply Path Optimization (SPO), up from 34% in Q4 2022.
  • On February 26, 2024 we announced that our Board of Directors has authorized an extension of our existing share repurchase program.
  • For the first quarter of 2024, we expect revenue to be in the range of $61 million to $63 million.

FreeWheel Introduces Programmatic Ad Buying to the 2024 Upfronts with Industry-First, Allocation Module Solution

Retrieved on: 
Thursday, February 29, 2024

FreeWheel , a global technology platform for the television advertising industry, today announced the launch of a new solution that will change the way marketers plan and execute their programmatic TV ad buying.

Key Points: 
  • FreeWheel , a global technology platform for the television advertising industry, today announced the launch of a new solution that will change the way marketers plan and execute their programmatic TV ad buying.
  • The company is introducing this new industry offering, called Allocation Module, ahead of the 2024 upfront and NewFront season.
  • This new industry solution provides another key benefit: Marketers now have a way to better manage their committed ad spend across various ad channels.
  • Allocation Module provides three core benefits, including:
    helping buyers and sellers holistically manage and pace their committed ad spend budgets across all transaction types, spanning direct, programmatic guaranteed and now biddable.

Newell Law Firm P.C. Boosts Legal Arsenal with Prominent Entertainment Attorney Kimberlina N. McKinney

Retrieved on: 
Friday, March 1, 2024

LOS ANGELES, March 1, 2024 /PRNewswire-PRWeb/ -- Newell Law Firm P.C. proudly announces the addition of distinguished entertainment attorney Kimberlina N. McKinney to their team as Senior Counsel. With a stellar reputation in the industry, McKinney's arrival heralds a new era of legal prowess and innovation for the firm. She specializes in intellectual property, deal strategy, and negotiations, catering to diverse entertainment realms, including TV, film, new media, music, tech-tainment, and live events.

Key Points: 
  • proudly announces the addition of distinguished entertainment attorney Kimberlina N. McKinney to their team as Senior Counsel.
  • With a stellar reputation in the industry, McKinney's arrival heralds a new era of legal prowess and innovation for the firm.
  • proudly announces the addition of distinguished entertainment attorney Kimberlina N. McKinney to their team as Senior Counsel.
  • "We couldn't be more thrilled to welcome Kimberlina to the Newell Law Firm family," remarked Quincy Newell, founder of the firm.

FreeWheel Introduces The Beeswax Inventory Desk

Retrieved on: 
Friday, February 9, 2024

FreeWheel , a global technology platform for the television advertising industry, today announced the launch of its Beeswax Inventory Desk.

Key Points: 
  • FreeWheel , a global technology platform for the television advertising industry, today announced the launch of its Beeswax Inventory Desk.
  • The Beeswax Inventory Desk, which functions as an inventory curation service, is designed to better match buyer demand with premium video ad inventory supply.
  • The new Beeswax Inventory Desk unlocks several new opportunities for both sides of the TV ad buying ecosystem:
    Many buyers are unable to have direct, easy access to premium video ad inventory through current industry offerings.
  • The Beeswax Inventory Desk delivers a curated package of premium video ad inventory to meet campaign objectives with automation and efficiency.