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Ten Network receives correspondence from financial advisers to Illyria and Birketu

Tuesday, 13 Jun 2017

June 13 (Reuters) - Ten Network Holdings Ltd ::‍TEN received correspondence from financial advisers to Illyria Pty Limited and Birketu Pty Limited​.Board considering position of co in light of position being taken by Illyria and Birketu and range of restructuring and refinancing initiatives it has underway.Correspondence confirms that those guarantors do not intend to extend or increase their support for co's credit facilities beyond term of current facility.Pending determinations over coming days, Ten considers that its shares will not be able to trade on an informed basis and accordingly requests trading halt.Expects that an announcement outlining board's determination will end trading halt.

KMH to merge three wholly owned units

Wednesday, 5 Oct 2016

KMH Co Ltd <122450.KQ> : Says it plans to merge with three wholly owned subsidiaries, which were mainly engage in online content business .Merger effective date of Dec. 6 and registered date of Dec. 8.

Viacom board forms special committee to evaluate national amusements request

Friday, 30 Sep 2016

Viacom Inc : Special committee is comprised of independent directors thomas may and Nicole Seligman, who will act as co-chairs . Special committee has retained debevoise & Plimpton LLP as independent legal advisor, and expects to retain an independent financial advisor . National amusements, directly and through subsidiaries, owns approximately 80% of Class A (voting) common stock of both Viacom and Cbs . Viacom board forms special committee to evaluate national amusements request . Special committee is comprised of independent directors Thomas May and Nicole Seligman, who will act as co-chairs . Special committee is also comprised of Kenneth Lerer, Judith Mchale, Ronald Nelson and Charles Phillips .Formed special committee of independent directors to evaluate request by national amusements that co explore a potential combination with cbs.

Highlight Communications: strategic company decision

Thursday, 29 Sep 2016

Highlight Communications AG : Strategic company decision .Was informed yesterday by Constantin Medien that its management board and supervisory board have resolved strategic shake- up of Constantin Medien Group.

Constantin Medien says resolves to strategically realign the group

Wednesday, 28 Sep 2016

Constantin Medien AG : Resolves to strategically realign Constantin Medien Group and to present this decision to general shareholders' meeting on November 9/10 for approval . Proposed new strategy recommends focusing Constantin Medien Group on sports segment as well as on sports- and event-marketing segment .In this context, also disposal of film segment is to be taken into account.

Wharf & i-CABLE make joint announcement on communication, media & entertainment segment<0004.HK><1097.HK>

Tuesday, 5 Jul 2016

Wharf Holdings Ltd <0004.HK>: Wharf has received a number of preliminary proposals in relation to its CME business from independent third parties . Emphasize that the strategic review is still in progress . Wharf intends to engage in exploratory discussions with the relevant third parties to clarify preliminary proposals . Has not formed any view about any of these preliminary proposals and has therefore not reached any commitment nor entered into any agreements . CME segment is operated under its wholly-owned subsidiary, Wharf Communications Limited ("WCL"), and includes primarily Wharf T&T Limited, WCL's wholly-owned subsidiary, and i-CABLE .

Broadmedia transfers business to unit

Friday, 1 Jul 2016

Broadmedia Corp <4347.T>:Says it completed transferring of cloud game business to its unit BMGC on July 1.

Corvex urges Pandora to evaluate results of fulsome sales process against other options - SEC filing

Tuesday, 17 May 2016

Corvex Management : Urges Pandora to immediately engage independent investment bank to advise on value maximization process, including execution of sales process . Urges Pandora to evaluate results against other options including risk-adjusted value of continuing to operate on standalone basis . Co "has been unable to date to translate its great product into a great business with an attractive public market valuation" . "We believe Pandora can become an even more differentiated product and a more valuable business as a part of a larger enterprise" . "We reiterate our previous offer to sign a confidentiality agreement in order to further our discussion and facilitate additional dialogue" Source: (http://1.usa.gov/1rQe5SV) Further company coverage: [P.N] (Bengaluru Newsroom: +1 646 223 8780).

SM Culture & Contents to divest entertainment business into new wholly owned subsidiary

Monday, 21 Mar 2016

SM Culture & Contents Co., Ltd:To divest entertainment business into a new wholly owned subsidiary, namely Woollim Entertainment Co., Ltd.Division effective date of June 8 and registration date of June 13.


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