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_wige Media takes over a majority stake in the sport media group

_wige Media AG:Takes over a majority stake in the sport media group.As agreed in November, _wige media, which already holds 16.7 pct, has exercised its option to purchase and has increased its stake to 51 pct in a first step.Takeover is expected to take effect on Sept. 30, 2016.Over course of year,...

Friday, 29 Apr 2016

Pandora Media Inc raises FY 2016 revenue and adjusted EBITDA guidance; gives Q2 revenue and adjusted EBITDA guidance

Pandora Media Inc:Raises FY 2016 revenue and adjusted EBITDA guidance.Sees Q2 2016 Revenue is expected to be in the range of $345 million to $355 million.Sees Q2 2016 Adjusted EBITDA loss is expected to be in the range of $30M million to $20 million.Sees Fy 2016 Revenue is now expected to be in the...

Thursday, 28 Apr 2016

Comcast Corp's NBCUniversal announces DreamWorks Animation Acquisition

Comcast Corp's NBCUniversal:Says acquisition of DreamWorks Animation.Under the terms of the agreement, DreamWorks Animation has an equity value of approximately $3.8 billion.Transaction is expected to close by the end of 2016.Agreement has been approved by the boards of directors of DreamWorks...

Thursday, 28 Apr 2016

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