AMC Networks

The Ad Council Appoints 23 New Members to Its Board of Directors

Retrieved on: 
Martedì, Aprile 30, 2024

NEW YORK, April 30, 2024 /PRNewswire/ -- The Ad Council, America's leader in using the power of communications to inspire action and accelerate change around the most pressing issues in the country, elected 23 new members to its Board of Directors. Chaired by Diego Scotti, EVP & General Manager of Consumer Group and Global Marketing & Communications at PayPal, the nonprofit's Board also elevated Kim Kelleher, Chief Commercial Officer of AMC Networks, to the role of Secretary.

Key Points: 
  • New members of the Ad Council Board of Directors include:
    Jacki Kelley, Chief Client & Business Officer, IPG
    Antonio Lucio, EVP, Chief Marketing and Corporate Affairs Officer, HP
    The Ad Council also added 3 new members to its Leadership Council, which is filled with some of the best leaders and innovators across a multitude of industries.
  • "The Ad Council's Board of Directors includes the most talented and inspiring leaders across industries, helping ensure our work achieves a level of impact that is truly unprecedented," said Lisa Sherman, President and CEO of the Ad Council.
  • "I am thrilled to be welcoming our new Board and Leadership Council members and look forward to working alongside each of them as we create positive social change."
  • New members of the Ad Council Leadership Council include:
    Nic Hill, Co-Founder & Head of Interactive, Sawhorse Productions
    A complete Ad Council Board of Directors and Leadership Council list is available on the organization's website.

AMC Networks to Report First Quarter 2024 Results

Retrieved on: 
Mercoledì, Aprile 24, 2024

NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the first quarter 2024 on Friday, May 10, 2024 at 8:30 a.m. Eastern Time.

Key Points: 
  • NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the first quarter 2024 on Friday, May 10, 2024 at 8:30 a.m. Eastern Time.
  • AMC Networks will issue a press release reporting its results before the market opening.
  • To access the conference call via telephone, please pre-register for the call to obtain the dial-in number and a passcode.
  • Pre-registration instructions can be found at investors.amcnetworks.com under the heading “Events and Presentations.”
    Internet replays will be available at investors.amcnetworks.com approximately two hours after the call ends.

Equalpride and Rainbow Media Join Forces to Create Unprecedented LGBTQ+ Media Powerhouse!

Retrieved on: 
Mercoledì, Aprile 10, 2024

With Rainbow Media boasting the #1 most followed LGBTQ+ social handles, and Equalpride's extensive network and reach, the combined force establishes an unprecedented level of scale and influence within the LGBTQ+ media category.

Key Points: 
  • With Rainbow Media boasting the #1 most followed LGBTQ+ social handles, and Equalpride's extensive network and reach, the combined force establishes an unprecedented level of scale and influence within the LGBTQ+ media category.
  • By joining forces with equalpride, we're forging a platform for news and information with a reach that finally rivals major mainstream media," said Levi Chambers, founder of Rainbow Media.
  • Mark Berryhill, CEO, equalpride adds, "This strategic alliance with Rainbow Media represents a significant milestone in the history of equalpride as a business.
  • For more information about equalpride and Rainbow Media's partnership and its implications for LGBTQ+ media representation, please visit equalpride.com.

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

Retrieved on: 
Lunedì, Aprile 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: 
Martedì, Marzo 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: 
Lunedì, Marzo 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: 
Lunedì, Marzo 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: 
Giovedì, Marzo 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: 
Lunedì, Marzo 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: 
Lunedì, Febbraio 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.