Net News search results for: securities and exchange
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March 5, 2018
Bluestone Financial Acquires 14.5% Of SBS, Suggests Partnerships Or Sales Of Certain Divisions
Is SPANISH BROADCASTING SYSTEM in play? Possibly, as a Schedule 13-D filing with the SECURITIES AND EXCHANGE COMMISSION, reveals that DAVID TOMASELLO’s BLUESTONE FINANCIAL has acquired 14.5% of the common stock of SBS. BLUESTONE writes that they, … more »
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March 2, 2018
An iHeart Bankruptcy Is Expected 'As Soon As This Weekend' - Company Confirms No Agreement Has Been Reached With Creditors
With iHEARTMEDIA skipping two more interest payments yesterday (NET NEWS 3/1), an expected bankruptcy could happen as early as today (3/2) or tomorrow (3/3). BLOOMBERG reports, "Embattled iHEARTMEDIA INC. is circulating documents for a … more »
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March 1, 2018
iHeart Skips Another Interest Payment; Approves Executive Bonuses
iHEARTMEDIA has filed a Form 8-K with THE SECURITIES AND EXCHANGE COMMISSION (SEC), making public that its Board Of Directors has elected not to make the interest payments due on THURSDAY, MARCH 1st, 2018 of approximately $59.1 million with respect to … more »
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February 28, 2018
Is Liberty Media Offering Pandora Stock To Help It Acquire iHeartMedia Share?
Is LIBERTY MEDIA using PANDORA to raise capital to make that 40% purchase of iHEARTMEDIA? (NET NEWS 2/28). In a Form S-3 filing with the UNITED STATES SECURITIES AND EXCHANGE COMMISSION, PANDORA writes, "This prospectus relates to the resale from … more »
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February 9, 2018
Nielsen Reports Q4 Revenues Were On The Rise
NIELSEN HOLDINGS PLC has released its fourth quarter financial results. Revenues were $1,761 million for the fourth quarter of 2017, up 6.3%, or 4.2% on a constant currency basis, compared to the fourth quarter of 2016. Revenues were $6,572 million for … more »
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January 9, 2018
iHeartMedia Grabs $30 Million From Clear Channel Outdoor For Debt Repayment
Once again, iHEARTMEDIA hits up its billboard division, CLEAR CHANNEL OUTDOOR, to meet a debt payment. iHEART filed with the SEC that it would take $30 million, $5 Million more than the $25 million it withdrew from its subsidiary last FALL (NET NEWS … more »
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January 4, 2018
Reports Say Spotify Has Filed With The SEC To Go Public In Q1 2018
Numerous sources are reporting that SPOTIFY is set to go public. The streaming company led the news yesterday (NET NEWS 1/3) with word that it was being sued in U.S. District Court in LOS ANGELES by WIXEN MUSIC PUBLISHING, which is accusing SPOTIFY USA … more »
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November 30, 2017
SBS Makes Moves With Its Stock To Address Foreign Ownership Allegations
SPANISH BROADCASTING SYSTEM has filed an 8-K Form with THE SECURITIES AND EXCHANGE COMMISSION outlining the suspension of almost all the rights of their Series B shares. The Company was responding to allegations which it said if correct, which it did not … more »
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November 21, 2017
Beasley Media Has A New $225 Million Credit Agreement
BEASLEY MEDIA has filed a Form 8-K with THE SECURITIES AND EXCHANGE COMMISSION (SEC) regarding a new $225 million credit agreement. BEASLEY writes, "On [FRIDAY] NOVEMBER 17, 2017 (the 'Closing Date'), BEASLEY MEZZANINE HOLDINGS, LLC (the … more »
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November 14, 2017
Cumulus Tells The SEC It Has Not Reached A Deal To Restructure
CUMULUS MEDIA filed an 8-K form YESTERDAY (11/13) with THE SECURITIES AND EXCHANGE COMMISSION (SEC) that followed up on the comment made by Pres./CEO MARY BERNER, who addressed the company's "heavy debt load" on a conference call (NET NEWS … more »