RTL Group

Metro One Announces the Signing of a Term Sheet for a Reverse Merger with Leading Virtual Reality Tech Company Inception XR Inc.

Retrieved on: 
Tuesday, December 26, 2023
Meta, Partnership, Learning, Telecommunications, Acquisition, Virtual, Hospital, Term sheet, XR, 3D, COVID-19, Educational technology, Growth, Inception, Patient, Safety, RTL Group, Metro, OTC, Security (finance)

SHERIDAN, Wyo., Dec. 26, 2023 /PRNewswire/ -- Metro One Telecommunications, Inc. (OTC PINK: WOWI) ("Metro One" or the "Company") announced today the signing of a Non-Binding Term Sheet for a proposed reverse merger with leading virtual reality tech company Inception XR Inc. ("Inception XR").

Key Points: 
  • SHERIDAN, Wyo., Dec. 26, 2023 /PRNewswire/ -- Metro One Telecommunications, Inc. (OTC PINK: WOWI) ("Metro One" or the "Company") announced today the signing of a Non-Binding Term Sheet for a proposed reverse merger with leading virtual reality tech company Inception XR Inc. ("Inception XR").
  • Under the Term Sheet, Metro One will form a wholly owned subsidiary in the State of Delaware, which will merge with Inception XR — the surviving entity.
  • Inception XR has emerged as one of the leading K-6 providers of immersive, educational content for the telecommunications and publishing industries.
  • Benny Arbel, CEO of Inception XR added that "This merger into a public company represents a transformative step for Inception XR.

Bedrock Streaming Opens New Office in Lisbon as Part of International Expansion

Retrieved on: 
Thursday, November 16, 2023
Other Professional Services, Consumer Electronics, Technology, Audio, Video, Finance, Fintech, Apps, Applications, Professional Services, Other Entertainment, TV and Radio, Other Technology, Telecommunications, Entertainment, Networks, Internet, Bertelsmann, Culture, Groupe M6, Hiccup, RTL Group, Growth, Creative industries, Video game

In a significant move to expand its international footprint, Bedrock, a leading European streaming technology company, proudly announces the opening of its new office in the vibrant city of Lisbon.

Key Points: 
  • In a significant move to expand its international footprint, Bedrock, a leading European streaming technology company, proudly announces the opening of its new office in the vibrant city of Lisbon.
  • Operating leading streaming services such as 6play, Videoland, RTL+, and RTLplay, the venture extends its influence across France, the Netherlands, Hungary, and Belgium.
  • Today, with its advanced platforms, Bedrock engages over 45 million users, ensuring content reaches screens of all kinds seamlessly.
  • "Expanding to Lisbon is a pivotal moment for Bedrock, affirming our dedication to innovation and growth in streaming technology," said Jonas Engwall, CEO of Bedrock.

BBTV Provides Update on Convertible Promissory Note

Retrieved on: 
Friday, September 15, 2023
RTL Group, TSX, BBTV, Music, Creative industries

VANCOUVER, BC, Sept. 15, 2023 /PRNewswire/ - BBTV Holdings Inc. (TSX: BBTV) (OTCQX: BBTVF) (the "Company"), the leading creator monetization company with a mission to help creators become more successful, today announced that the date of the financing factor with respect to RTL Group's option granted to BBTV to retire its debt under the secured convertible promissory loan note of approximately $20.4 million (as at June 30, 2023) at a discount, being that the Company have a successful financing on or before September 15, 2023, has been extended to November 30, 2023.

Key Points: 
  • VANCOUVER, BC, Sept. 15, 2023 /PRNewswire/ - BBTV Holdings Inc. (TSX: BBTV) (OTCQX: BBTVF) (the "Company"), the leading creator monetization company with a mission to help creators become more successful, today announced that the date of the financing factor with respect to RTL Group's option granted to BBTV to retire its debt under the secured convertible promissory loan note of approximately $20.4 million (as at June 30, 2023) at a discount, being that the Company have a successful financing on or before September 15, 2023, has been extended to November 30, 2023.

BBTV Provides Update on Convertible Promissory Note

Retrieved on: 
Tuesday, July 4, 2023
RTL Group, TSX, Hilltop Holdings Inc., Convertible, BBTV, Security (finance)

VANCOUVER, BC, July 4, 2023 /PRNewswire/ - BBTV Holdings Inc. (TSX: BBTV) ("BBTV" or the "Company"), the leading creator monetization company with a mission to help creators become more successful, announces that RTL Group (through its subsidiary, UFA Film und Fernseh) has granted BBTV the option to retire its debt under the secured convertible promissory loan note ("Secured Convertible Loan") of approximately $20.4 million (as at June 30, 2023) at a discount based on a variety of factors, including the Company having a successful financing on or before September 15, 2023.

Key Points: 
  • VANCOUVER, BC, July 4, 2023 /PRNewswire/ - BBTV Holdings Inc. (TSX: BBTV) ("BBTV" or the "Company"), the leading creator monetization company with a mission to help creators become more successful, announces that RTL Group (through its subsidiary, UFA Film und Fernseh) has granted BBTV the option to retire its debt under the secured convertible promissory loan note ("Secured Convertible Loan") of approximately $20.4 million (as at June 30, 2023) at a discount based on a variety of factors, including the Company having a successful financing on or before September 15, 2023.
  • The remaining terms of the Secured Convertible Loan are currently unchanged.

Marsh McLennan Appoints Judith Hartmann and Ray G. Young to Its Board of Directors

Retrieved on: 
Wednesday, March 29, 2023
Professional Services, Insurance, Human Resources, Finance, Consulting, Banking, Accounting, ADM, Tesco international operations, Paper, General Electric, RTL Group, General Motors, International Paper, Hormel Foods, MMC, Marsh McLennan, RTÉ Executive Board, Retirement, Risk, ENGIE, Penguin Random House, Bertelsmann, NYSE, ADM (company), Management, Mercosur

The Board of Directors of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, appointed Judith Hartmann, age 53, and Ray G. Young, age 61, as directors effective immediately.

Key Points: 
  • The Board of Directors of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, appointed Judith Hartmann, age 53, and Ray G. Young, age 61, as directors effective immediately.
  • “We are committed to best practices in corporate governance, including effective succession planning and Board refreshment,” said H. Edward Hanway, Chairman of the Company’s Board of Directors.
  • “Judith and Ray bring deep and diverse financial, international operations and governance experience to our Board.
  • We look forward to working alongside them.”
    “I am delighted to welcome Judith and Ray to the Board,” said John Doyle, President and CEO, Marsh McLennan.

Europe Over The Top (OTT) Market Report 2023: Several Regional Players Look to Cut Into Netflix's Dominance - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 21, 2023
Technology, Internet, Entertainment, Online, Discovery, Research report, Civil service commission, Public–private partnership, PC, Crackle, TVOD, Nokia, EC, System, Eutelsat, VOD, Growth, Television, RTL Group, A&E Networks, Amazon, Football, Research, The Walt Disney Company, NOW TV, Biohackers, Canal+, OTT, Salto, Fox, Ericsson, Commerce, UHD, Netflix, Radio, NOW, Movistar, Bloodride, Filmon, Video, SVOD, Smartphone, European Commission, European Industrial Hemp Association, Communication, Rakuten TV, Video game, Mobile phone, European, BritBox, EU

These three projects show Netflix's commitment to the European market and offer locally grounded and original stories that can touch the audience globally.

Key Points: 
  • These three projects show Netflix's commitment to the European market and offer locally grounded and original stories that can touch the audience globally.
  • According to the research report, Europe Over The Top Market Outlook, 2028 the overall market is projected to grow over 15% CAGR for 2023-28.
  • European broadcasters and content providers are leaving no stone unturned to bolster their viewership and keep players like Netflix, Amazon and Disney at bay.
  • According to the report, the market is segmented into major countries such as Germany, United Kingdom, France, Spain, Italy and Russia.

The Global Broadcasting Cable TV Market is expected to grow by $62 bn during 2022-2026, accelerating at a CAGR of 3.6% during the forecast period

Retrieved on: 
Monday, November 7, 2022
FCC v. AT&T Inc., Research, Alphabet Inc., Essel Group, Internet, Industry, Verizon Communications, RTL Group, SES SA, Discovery, Inc., SES, Netflix, BroadbandTV Corp, AT, OTT, Comprehensive Technologies International, Inc. v. Software Artisans, Inc., Comcast Corp. v. FCC, Traction, Television, Retail

View original content:https://www.prnewswire.com/news-releases/the-global-broadcasting-cable-t...

Key Points: 
  • This study identifies the expansion in OTT delivery systems as one of the prime reasons driving the broadcasting cable TV market growth during the next few years.
  • Also, an increasing number of pay-TV subscribers and internet tv gaining traction will lead to sizable demand in the market.
  • The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
  • Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

BDMI Invests in Book.io, the First Ever NFT Ebook Platform

Retrieved on: 
Monday, October 17, 2022
Titan, Non-fungible token, RTL Group, Sale, BDMI, The New York Times, Software as a service, Income, NFT, Web3, Music, Multimedia, Partnership, Bertelsmann Printing Group, Publishing, Science and technology in Asia, Blockchain, CEO, BMG, Intellectual property, Creativity, Entrepreneurship, Arvato, Deas, Penguin Random House, DALLAS, Bertelsmann

DALLAS, Oct. 17, 2022 /PRNewswire/ -- Book.io is creating the new platform for digital ownership in book publishing by putting ebooks and audiobooks on the blockchain through their proprietary technology, Decentralized Encrypted Assets (DEAs). Instead of the current licensing model in digital publishing, readers can own their digital books and sell them if they choose to do so, creating a secondary market where publishers and authors earn royalties on every resale in perpetuity. For the first time, publishers and authors will be able to generate income from digital "used book" sales. Launching its first book sale on July 20th, 2022, the total volume of secondary market sales has already surpassed over half a million dollars, including the sale of a single collectible ebook at over $4,000. 

Key Points: 
  • Keith Titan, Partner at BDMI, added "We are excited to be part of the Book.io team via our recent investment.
  • Their initial NFT ebook releases quickly sold out and generated hundreds of thousands of dollars in sales with an immediately active secondary market as well.
  • Book.io is the leading platform for NFT ebooks and digital content in the Web3 era.
  • Book.io is working diligently to build an ebook and audiobook marketplace, mobile reading apps, and a publishing portal for independent authors.

Global Online Video Platform Market 2022-2026: Market is Poised to Grow by Over $1 Billion, at a CAGR of 14.78% - Demand Driven by Video Cloud Platforms and the Adoption of OTT Standard - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 13, 2022
Technology, Audio, Video, Online, Adoption, Hart v. Comcast Corp., RTL Group, Akamai Techs., Inc. v. Limelight Networks, Inc., Growth, Verizon Communications, CAGR, JPL (Integrated Communications, Inc.), Akamai Technologies, OTT, Alphabet Inc., IBM, Workday, Inc., Video game

The online video platform market is poised to grow by $1.01 bn during 2022-2026, accelerating at a CAGR of 14.78%

Key Points: 
  • The online video platform market is poised to grow by $1.01 bn during 2022-2026, accelerating at a CAGR of 14.78%
    The market is driven by rise in online video consumption, digital transformation, and growth in Internet penetration.
  • This study identifies the live streaming of videos as one of the prime reasons driving the online video platform market growth during the next few years.
  • Also, the use of video cloud platforms and the adoption of OTT standard will lead to sizable demand in the market.
  • The report on the online video platform market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

BBTV Provides Balance Sheet Update

Retrieved on: 
Wednesday, October 12, 2022
Comscore, RTL Group, Risk, TSX, Solution, Multimedia, Creditor, Convertible, Goal, Company, Hierarchy, COVID-19, View, Bank, BC

VANCOUVER, BC, Oct. 12, 2022 /PRNewswire/ - BBTV Holdings Inc. (TSX: BBTV) (OTCQX: BBTVF) (Frankfurt: 64V) ("BBTV" or the "Company"), the leading creator monetization company with a mission to help creators become more successful, announces that RTL Group ('Lender') is working with BBTV to improve BBTV's balance sheet in order to attract new debt financing to help provide the Company access to additional working capital during the current uncertain macroeconomic environment, and to continue to develop its Plus Solutions and other growth initiatives.

Key Points: 
  • VANCOUVER, BC, Oct. 12, 2022 /PRNewswire/ - BBTV Holdings Inc. (TSX: BBTV) (OTCQX: BBTVF) (Frankfurt: 64V) ("BBTV" or the "Company"), the leading creator monetization company with a mission to help creators become more successful, announces that RTL Group ('Lender') is working with BBTV to improve BBTV's balance sheet in order to attract new debt financing to help provide the Company access to additional working capital during the current uncertain macroeconomic environment, and to continue to develop its Plus Solutions and other growth initiatives.
  • To improve the Company's balance sheet, the Lender has reduced its debt under its secured convertible promissory loan note ("Secured Convertible Loan"), by approximately $12.8 million to approximately $19.2 million based on balances as of September 30, 2022.
  • These include the Lender's option to convert its debt on maturity on May 26, 2026, to Subordinate Voting Shares of BBTV.
  • With creators ranging from individuals to global media brands, BBTV provides comprehensive, end-to-end Solutions to increase viewership and drive revenue powered by its innovative technology, while allowing creators to focus on their core competency content creation.