Roku has hired investment banks to lead an IPO that could launch later this year as it aims for a valuation in excess of $1 billion, according to reports. The streaming software and device manufacturer has been able to capitalise on cord-cutting, an increasing trend in the US where TV viewers have opted not to […]
Altice has announced that Altice USA has priced its initial public offering (IPO) of 63,943,029 shares of its Class A common stock at a price to the public of $30 per share. Of the shares of Altice USA’s Class A common stock included in the offering, 12,068,966 shares will be sold by Altice USA, 31,475,965 […]
Altice USA, the American cable-TV unit of Altice and fourth largest cable provider in the US, is seeking to raise $1.4 billion (€1.25bn) in its initial public offering (IPO), with some of the proceeds earmarked for potential acquisitions. The company and select holders plan to offer 46.6 million shares at $27 to $31 each, according […]
SpaceX’s President, Gwynne Shotwell, has denied that the rocket launch company is preparing for an Initial Public Offering (IPO). Reuters is reporting that she has firmly denied rumours of an IPO. SpaceX is backed by billionaire Elon Musk, and he is on record as saying he has no need to raise extra cash for the […]
Elon Musk is already wealthy. Forbes, in its annual ‘rich list’, puts the co-founder of PayPal and the brains behind the Tesla electric car, the Solar City scheme, and ‘rocket-to-Mars’ SpaceX project as having a net worth of some $14.8 billion. This doesn’t wholly include SpaceX, which is currently privately held. However, the rumour mill […]
Multinational cable, fibre, telecommunications, contents and media company Altice has confirmed that Altice USA has filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering of shares of Class A Common Stock. The number of shares to be offered and the price range for the offering have not […]
Comcast’s NBCUniversal has invested $500 million (€472m) in Snapchat’s initial public offering (IPO). NBCU is pushing more and more into digital media, it has invested $400 million in online publisher Buzzfeed and $200 million in Vox Media over the last 18 months. Snapchat owner Snap saw its stock rise 44 per cent on day one […]
Multinational cable, fibre, telecommunications, contents and media company Altice has confirmed that it is exploring the possibility of an initial public offering (IPO) of a minority interest in its US operations, Altice USA. “No decisions have been taken at this point on the structure or timing of any IPO, and no assurance can be given […]
British media and cellular transmission company Arqiva is reportedly planning to sell itself. Sky News is reporting that Arqiva is close to hiring bankers to advise on a potential sale. The business employs more than 2,100 people and carries the signals and satellite uplinks for many UK broadcasters, as well as owning some 8,000 cellular […]
Millennial-focused hologram, virtual reality, and premium streaming content platform FOTV Media Networks has announced what it believes to be the largest-ever crowd financing campaign for its initial public offering on Nasdaq. FOTV and its subsidiaries, which produce and distribute patented hologram shows, virtual reality, live shows, live broadcasts and premium over-the-top streaming content has launched […]