Net News search results for: goldman sachs group
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August 19, 2016
Report: Vevo Looks To Raise Up To $500 Million In New Investment
VEVO is seeking to raise between $300 million and $500 million in new investment and has retained GOLDMAN SACHS for the effort, the FINANCIAL TIMES reported FRIDAY (8/19). The music video online service, founded by SONY MUSIC and UNIVERSAL MUSIC GROUP, … more »
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April 25, 2016
Report: Univision Eyes IPO For Later This Year
UNIVISION's initial public offering is now being considered for the second half of 2016, reports BLOOMBERG. The delayed IPO, first announced last JULY, is projected to raise up to $1 billion for the broadcaster, which BLOOMBERG, citing "people … more »
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March 30, 2016
Spotify Reaches Deal For $1 Billion In Debt Financing
SPOTIFY has reached a deal to raise $1 billion in financing through convertible debt in a transaction places by GOLDMAN SACHS that is expected to close on FRIDAY (4/1), according to the WALL STREET JOURNAL. The deal, in which SPOTIFY gets the funds … more »
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January 4, 2016
Report: Is iHeartMedia Restructuring Being Forced By Creditors?
In early DECEMBER (NET NEWS 12/11/15) iHEARTMEDIA was reportedly planning to use a "novel plan" to address its debt problem, buying up a "sizable portion" of unsecured debt and converting it to equity to lower interest payments to the … more »
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June 16, 2015
SiriusXM Amends Revolving Credit Facility, Increases To $1.75 Billion
SIRIUS XM RADIO INC. has amended its revolving credit facility to increase its total commitments from $1.25 billion to $1.75 billion and extend the maturity to 2020, secured by "substantially all the assets" of the company. The facility … more »
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April 10, 2015
Spotify Raises More Cash
SPOTIFY has secured new investments from GOLDMAN SACHS GROUP INC. and an ABU DHABI sovereign wealth fund to help close a deal that would raise $400 million in a round valuing the music-streaming service at $8.4 billion, sources told THE WALL STREET … more »
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August 4, 2014
Vevo On the Block; Owners Try To Sweeten The Pot
The owners of the VEVO music video website -- UMG, SONY MUSIC, ABU DHABI MEDIA and GOOGLE -- are reworking their P&L sheet to attract an interested suitor, RECORDE.NET reports. GOLDMAN SACHS and THE RAINE GROUP are looking for equity investors; … more »
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March 18, 2014
CBS Launches Roadshow For Outdoor Subsidiary IPO
CBS CORPORATION's outdoor advertising subsidiary CBS OUTDOOR AMERICAS INC. has filed with the SEC and launched its road show to make an initial public offering of 30 million shares. The new stock will trade under the symbol CBSO, and CBS CORPORATION … more »
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September 25, 2013
Pandora's Tim Westergren Predicts 'Modest' Hit From iTunes Radio
PANDORA MEDIA INC. Founder TIM WESTERGREN predicted that PANDORA will see a “modest” impact from APPLE’s new iTUNES RADIO, BLOOMBERG reports. He also told investors at a conference sponsored by GOLDMAN SACHS GROUP that half of PANDORA … more »
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December 3, 2012
Triad Sells To Larry Wilson's L&L
TRIAD BROADCASTING COMPANY, LLC (MONTEREY LICENSES, LLC, MISSISSIPPI MEDIA BROADCASTING, LLC, GO RADIO BROADCASTING, LLC, JMP RADIO GROUP, LLC, ADVENTURE COMMUNICATIONS, LLC and WDVENTURE COMMUNICATIONS, INC.) is selling its stations to LARRY … more »