Mainstream

Mainstream Renewable Power and Actis complete sale of Lekela Power

Retrieved on: 
Monday, March 20, 2023

Mainstream and Actis today announced the completion of the sale of 100 percent of the Lekela platform to Infinity Power, a joint venture between Egypt's Infinity and UAE's Masdar.

Key Points: 
  • Mainstream and Actis today announced the completion of the sale of 100 percent of the Lekela platform to Infinity Power, a joint venture between Egypt's Infinity and UAE's Masdar.
  • Lekela was established in 2015 in a joint venture between Actis (60 percent), and a Mainstream-led consortium called Mainstream Renewable Power Africa Holdings ('MRPAH') (40 percent), to deliver clean, reliable energy across Africa.
  • The exit reflects the successful culmination of Actis and Mainstream's partnership strategy for Lekela, following a comprehensive value creation approach.
  • Citi and Clifford Chance advised Mainstream and Actis on the Lekela transaction.

Mainstream Renewable Power and Actis complete sale of Lekela Power

Retrieved on: 
Monday, March 20, 2023

Mainstream and Actis today announced the completion of the sale of 100 percent of the Lekela platform to Infinity Power, a joint venture between Egypt's Infinity and UAE's Masdar.

Key Points: 
  • Mainstream and Actis today announced the completion of the sale of 100 percent of the Lekela platform to Infinity Power, a joint venture between Egypt's Infinity and UAE's Masdar.
  • Lekela was established in 2015 in a joint venture between Actis (60 percent), and a Mainstream-led consortium called Mainstream Renewable Power Africa Holdings ('MRPAH') (40 percent), to deliver clean, reliable energy across Africa.
  • The exit reflects the successful culmination of Actis and Mainstream's partnership strategy for Lekela, following a comprehensive value creation approach.
  • Citi and Clifford Chance advised Mainstream and Actis on the Lekela transaction.

Amagi Assists Mainstream Media AG With the Launch of the First Female-Centred FAST Channel in Germany

Retrieved on: 
Thursday, March 16, 2023

MUNICH, March 16, 2023 /PRNewswire/ -- Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV, announced today that Mainstream Media AG has launched its first-ever female-centred Free Ad-supported Streaming TV (FAST) channel, Starke Frauen (Strong Women), by using Amagi's FAST solutions. With this launch, the pay-TV network has added to the momentum of FAST in Germany, boosting an ecosystem that has the potential to become a widely accepted content consumption model in the region.

Key Points: 
  • "With our new FAST channels, we want to address viewers who appreciate having our quality entertainment free of charge on digital TV platforms and mobile applications," said Tim Werner, CEO, Mainstream Media AG.
  • By launching a FAST channel, Mainstream Media AG can now enjoy the benefits that are exclusive to a B2C model, including opportunities for audience engagement, personalized ads, and content delivery.
  • To set up the channel, Mainstream Media AG deployed Amagi CLOUDPORT for cloud-based channel playout and Amagi THUNDERSTORM for dynamic server-side ad insertion.
  • "Amagi prides itself on supporting the growth of niche content on FAST through partnerships with leading TV networks such as Mainstream," said Srinivasan KA, Co-founder & Chief Revenue Officer, Amagi.

Amagi Assists Mainstream Media AG With the Launch of the First Female-Centred FAST Channel in Germany

Retrieved on: 
Thursday, March 16, 2023

MUNICH, March 16, 2023 /PRNewswire/ -- Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV, announced today that Mainstream Media AG has launched its first-ever female-centred Free Ad-supported Streaming TV (FAST) channel, Starke Frauen (Strong Women), by using Amagi's FAST solutions. With this launch, the pay-TV network has added to the momentum of FAST in Germany, boosting an ecosystem that has the potential to become a widely accepted content consumption model in the region.

Key Points: 
  • "With our new FAST channels, we want to address viewers who appreciate having our quality entertainment free of charge on digital TV platforms and mobile applications," said Tim Werner, CEO, Mainstream Media AG.
  • By launching a FAST channel, Mainstream Media AG can now enjoy the benefits that are exclusive to a B2C model, including opportunities for audience engagement, personalized ads, and content delivery.
  • To set up the channel, Mainstream Media AG deployed Amagi CLOUDPORT for cloud-based channel playout and Amagi THUNDERSTORM for dynamic server-side ad insertion.
  • "Amagi prides itself on supporting the growth of niche content on FAST through partnerships with leading TV networks such as Mainstream," said Srinivasan KA, Co-founder & Chief Revenue Officer, Amagi.

STING CELEBRATES 30TH ANNIVERSARY OF 'TEN SUMMONER'S TALES' WITH DIGITAL-ONLY EXPANDED EDITION

Retrieved on: 
Friday, February 24, 2023

LOS ANGELES, Feb. 24, 2023 /PRNewswire/ -- A&M/UMe celebrates the 30th-anniversary of Sting's fourth solo album, Ten Summoner's Tales, with a digital-only Expanded Edition released today. Originally released on March 1, 1993, the album title is a somewhat tongue-in-cheek mashup of the artist's given surname, Sumner, and a character in Geoffrey Chaucer's 15th-century literary classic The Canterbury Tales, the summoner.

Key Points: 
  • The 27-track Expanded Edition features the original 12-song Ten Summoner's Tales album plus 15 bonus tracks consisting of B-sides, remixes, alternate versions, and live performances (complete track listing included below).
  • Mixed by 4-time Grammy Award winning Robert "Hitmixer" Orton, the album is also available in Dolby Atmos.
  • Listen to or purchase Sting's Ten Summoner's Tales – Expanded Edition HERE .
  • Sting won the Brit Award for Best British Male Artist as a performer.

HyperX’s “Coco” the Cozy Cat Collectable Keycap Arrives Soon for Gamers, Streamers and Cat Enthusiasts – First 3D Printed Drop by Mainstream Gaming Brand

Retrieved on: 
Tuesday, January 24, 2023

Gamers, influencers, streamers and cat lovers alike can enjoy the “purr-fect” feline companion on their keyboard or showcase it as part of their favorite cat collectibles and memorabilia.

Key Points: 
  • Gamers, influencers, streamers and cat lovers alike can enjoy the “purr-fect” feline companion on their keyboard or showcase it as part of their favorite cat collectibles and memorabilia.
  • View the full release here: https://www.businesswire.com/news/home/20230124005070/en/
    HyperX’s “Coco” the Cozy Cat Collectable Keycap Arrives Soon for Gamers, Streamers and Cat Enthusiasts – First 3D Printed Drop by Mainstream Gaming Brand (Photo: Business Wire)
    HyperX HX3D is an exciting new program bringing gamers a range of ways to customize and personalize their favorite gaming gear by leveraging HP’s best-in-class 3D printing technology.
  • The first planned series of 3D printed peripheral upgrades are limited edition custom keycaps,1 designed to fit on HyperX and most other mechanical keyboards.
  • “Coco” is the first of many planned HX3D products to personalize keyboards, headsets, mice, and other gaming products.

Aker Horizons ASA: Fourth-Quarter Results 2022

Retrieved on: 
Thursday, February 16, 2023

FORNEBU, Norway, Feb. 16, 2023 /PRNewswire/ -- Aker Horizons ASA (OSE: AKH), a developer of green energy and industry, today announced results for the fourth quarter 2022.

Key Points: 
  • FORNEBU, Norway, Feb. 16, 2023 /PRNewswire/ -- Aker Horizons ASA (OSE: AKH), a developer of green energy and industry, today announced results for the fourth quarter 2022.
  • As the energy transition accelerates, Aker Horizons will benefit from its early mover position in carbon capture, offshore wind and hydrogen.
  • Aker Carbon Capture as reported in Aker Horizons' NAV was reduced by NOK 624 million reflecting the share price development in the period.
  • Aker Horizons gross asset value stood at NOK 21.2 billion at 31 December 2022, down from NOK 22.6 billion in the prior quarter.

Aker Horizons ASA: Fourth-Quarter Results 2022

Retrieved on: 
Thursday, February 16, 2023

FORNEBU, Norway, Feb. 16, 2023 /PRNewswire/ -- Aker Horizons ASA (OSE: AKH), a developer of green energy and industry, today announced results for the fourth quarter 2022.

Key Points: 
  • FORNEBU, Norway, Feb. 16, 2023 /PRNewswire/ -- Aker Horizons ASA (OSE: AKH), a developer of green energy and industry, today announced results for the fourth quarter 2022.
  • As the energy transition accelerates, Aker Horizons will benefit from its early mover position in carbon capture, offshore wind and hydrogen.
  • Aker Carbon Capture as reported in Aker Horizons' NAV was reduced by NOK 624 million reflecting the share price development in the period.
  • Aker Horizons gross asset value stood at NOK 21.2 billion at 31 December 2022, down from NOK 22.6 billion in the prior quarter.

Urban One's Reach Media Announces Syndication Expansion for The Amanda Seals Show

Retrieved on: 
Sunday, January 22, 2023

DALLAS, Jan. 22, 2023 /PRNewswire/ -- After successfully launching The Amanda Seales show in November on WRNB 100.3 FM Philadelphia, Urban One Inc's Reach Media is announcing syndication to  new markets.

Key Points: 
  • DALLAS, Jan. 22, 2023 /PRNewswire/ -- After successfully launching The Amanda Seales show in November on WRNB 100.3 FM Philadelphia, Urban One Inc's Reach Media is announcing syndication to  new markets.
  • "Amanda has had an immediate positive ratings impact in Philadelphia, and we are excited to expand her show to Houston, Columbus, Richmond, and Charlotte," said Colby Tyner, Senior VP Programming of Urban One's Radio One and Reach Media divisions.
  • As leaders in mainstream urban, urban AC, and inspirational music with the top talent in syndicated radio programing, Reach Media connects with ninety percent of Black America.
  • The Amanda Seals Show  will now be heard on the following stations effective Monday, January 23:  KBXX-FM.

Aker Horizons ASA: Third-Quarter Results 2022

Retrieved on: 
Wednesday, November 2, 2022

FORNEBU, Norway, Nov. 2, 2022 /PRNewswire/ --Aker Horizons ASA (OSE: "AKH"), a developer of green energy and green industry, today announced results for the third quarter 2022.

Key Points: 
  • FORNEBU, Norway, Nov. 2, 2022 /PRNewswire/ --Aker Horizons ASA (OSE: "AKH"), a developer of green energy and green industry, today announced results for the third quarter 2022.
  • Aker Horizons' liquidity reserve, including cash and undrawn credit facilities, stood at NOK 9.7 billion as per 30 September 2022.
  • As part of the Aker group, Aker Horizons applies industrial, technological and capital markets expertise with a planet-positive purpose to drive decarbonization globally.
  • This stock exchange announcement was published by Ivar Simensen, Communications, Aker Horizons, on 2 November 2022 at 07:00 CET.