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Broadcasting

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CBS Corp launches exchange offer to split-off CBS Radio

Thursday, 19 Oct 2017

Oct 19 (Reuters) - CBS Corp :CBS Corporation launches exchange offer to split-off CBS Radio.CBS Corp - ‍commencement of exchange offer for separation of radio business.CBS Corp -‍in exchange offer,CBS shareholders will have opportunity to exchange shares of CBS Class B common stock for shares of CBS radio common stock​.

CBS Corp launches exchange offer to split-off CBS Radio

Thursday, 19 Oct 2017

Oct 19 (Reuters) - CBS Corp :CBS Corporation launches exchange offer to split-off CBS Radio.CBS Corp - ‍commencement of exchange offer for separation of radio business.CBS Corp -‍in exchange offer,CBS shareholders will have opportunity to exchange shares of CBS Class B common stock for shares of CBS radio common stock​.

Tribune Media stockholders approve Sinclair Merger

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Tribune Media Co ::Tribune Media Company stockholders approve Sinclair Merger.Tribune media - ‍more than 99 percent of votes cast by co's Class A stockholders and Class B stockholders voted to approve merger with Sinclair Broadcast.

Tribune Media stockholders approve Sinclair Merger

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Tribune Media Co ::Tribune Media Company stockholders approve Sinclair Merger.Tribune media - ‍more than 99 percent of votes cast by co's Class A stockholders and Class B stockholders voted to approve merger with Sinclair Broadcast.

Spain's Atresmedia expects 2017 TV advertising growth of 1 pct

Thursday, 19 Oct 2017

Oct 19 (Reuters) - Spain's Atresmedia : :Says expects television advertising growth of 1 percent in 2017.Says sees advertising business flat in October.

Atresmedia 9-month net profit up 2 pct at 103.5 mln euros YoY

Thursday, 19 Oct 2017

Oct 19 (Reuters) - ATRESMEDIA CORPORACION DE MEDIOS DE COMUNICACION SA ::9-MONTH NET PROFIT 103.5 MILLION EUROS VERSUS 101.5 MILLION EUROS YEAR AGO.9-MONTH EBITDA 148.6 MILLION EUROS VERSUS 151.4 MILLION EUROS YEAR AGO.9-MONTH NET REVENUE 755.1 MILLION EUROS VERSUS 740.2 MILLION EUROS YEAR AGO.

Global Eagle announces fourth quarter and full year 2016 results

Thursday, 19 Oct 2017

Oct 18 (Reuters) - Global Eagle Entertainment Inc ::Global Eagle announces fourth quarter and full year 2016 results.Q4 revenue $165 million versus I/B/E/S view $157.1 million.

Global Eagle Entertainment posts unaudited financial results for Q4 2016

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - Global Eagle Entertainment Inc :Global Eagle Entertainment -audit committee concluded carrying value of goodwill of former maritime & land connectivity segment exceeded implied fair value.Global Eagle Entertainment - co must record non-cash goodwill impairment charge of $64.0 million in Q4 of 2016​.Global eagle entertainment-during q1 of 2017, due to significant decline in price of co's common stock, assessed for impairment carrying value of goodwill.Global Eagle Entertainment- committee concluded co must recognize non-cash goodwill impairment charge in Q1 for maritime & land connectivity segment​.Global Eagle Entertainment Inc - ‍preliminarily estimate additional impairment charge in Q1 will be $75.0 million to $80.0 million​.Global Eagle Entertainment says additional impairment in Q1 will not result in any current or future cash expenditures.Global Eagle Entertainment - ‍do not anticipate further impairments in carrying value of goodwill associated with the segment in Q2 or Q3 2017​.

Mediaset Espana 9-month net profit up 10.8 pct YoY

Wednesday, 18 Oct 2017

Oct 18 (Reuters) - MEDIASET ESPANA COMUNICACION SA ::9-MONTH NET PROFIT 146.1 MILLION EUROS VERSUS 131.8 MILLION EUROS YEAR AGO.9-MONTH ADJUSTED EBITDA 198.8 MILLION EUROS VERSUS 184.4 MILLION EUROS YEAR AGO.9-MONTH TOTAL NET REVENUE 701.3 MILLION EUROS VERSUS 711.7 MILLION EUROS YEAR AGO.9-MONTH NET ADVERTISING REVENUE DOWN 0.9 PERCENT AT 661.0 MILLION EUROS VERSUS 667.1 MILLION EUROS YEAR AGO.

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