IPO Archives - Streaming-TV

Tag Archives: IPO

Roku sees ARPU, shipments surge in Q2

Posted on August 11, 2019 by Streaming-TV Leave a comment

Overall, the quarterly results showed that Roku’s revenue came in at $250.1 million (versus $224.4 million expected); and earnings per share were $-0.08 versus the $-0.21 per share expected. Gross profit was $114.2 million, up 47% year-over-year. – Michelle Clancy, Rapid TV News » https://ift.tt/2H2qCgh

Policy & Product

China’s largest music streaming business is planning a US IPO

Posted on July 9, 2018 by Streaming-TV Leave a comment

Tencent Music Entertainment (TME) has nothing like the global profile of Spotify, but China’s top streaming service is heading for the U.S. public markets according to a filing made this weekend by parent company Tencent, the $500 billion Chinese internet giant which plans to spin the music business out. – Jon Russell, TechCrunch https://ift.tt/2uhEAn1

Music Stream

Streaming stocks are on a tear, and it’s not just Netflix

Posted on July 6, 2018 by Streaming-TV Leave a comment

Pandora, Roku and Spotify have surged 71 percent, 49 percent and 19 percent, respectively, in the last three months. Spotify is the youngest public company of the bunch, debuting in a direct listing in April. – Rebecca Ungarino, CNBC https://ift.tt/2MSTcB2

Apps & Tech

MoviePass Parent’s Shares Crushed After Disclosing Pricing of Stock Sale

Posted on April 19, 2018 by Streaming-TV Leave a comment

Helios & Matheson, which owns 92% of the MoviePass upstart movie-theater subscription service, on Thursday said the offering comprised 10.5 million shares at $2.75 per share — 28.2% below Wednesday’s stock closing price of $3.83 per share. – Todd Spangler, Variety https://ift.tt/2qLi6sP

Policy & Product

Spotify Rockets in Early IPO Trading, Valuing Music Streamer at Nearly $30B

Posted on April 3, 2018 by Streaming-TV Leave a comment

Spotify opened at $165.90 per share, 25% higher than the top end of private stock sales disclosed by the company, giving a market valuation of $29.5 billion. Shares began trading on the New York Stock Exchange on Tuesday at about 12:43 p.m. ET under the ticker symbol “SPOT.” – Todd Spangler, Variety https://ift.tt/2GuK1Ih

Music Stream

Baidu video streaming unit iQiyi launches $2.4 billion U.S. IPO

Posted on March 18, 2018 by Streaming-TV Leave a comment

It plans to offer 125 million American depositary shares priced at $17 to $19 each, the company said in a filing to the U.S. Securities and Exchange Commission. – Brenda Goh, Reuters http://ift.tt/2pkrp3o

Apps & Tech

Spotify’s public filing reveals key stats about the streaming giant

Posted on February 28, 2018 by Streaming-TV Leave a comment

Spotify quietly signaled its intention to become a publicly traded company in December of last year, even though several lawsuits over licensing were looming. Now the streaming service has filed for a direct listing on the New York Stock Exchange, an alternative to the more typical initial public offering (IPO) that offers the company a savings on underwriting fees and a dilution of existing shares. – Rob LeFebvre, Engadget http://engt.co/2F19e8v

Music Stream

Spotify has brought in a new head of PR as it gets ready for a 2018 IPO

Posted on November 2, 2017 by Streaming-TV Leave a comment

Dustee Jenkins, who headed up communications for the Target retail chain until this summer, will take on the same role for Spotify, reporting to chief marketing officer Seth Farbman. – Peter Kafka, Recode http://ift.tt/2lJzjUC

Music Stream

Roku nearly doubles since IPO, up another 13% on day two

Posted on September 29, 2017 by Streaming-TV Leave a comment

After pricing its IPO Wednesday at $14 per share, Roku finished its first day of trading at $23.50, up nearly 68%. And by the end of Friday, Roku closed at $26.54, or up 90% in less than 48 hours. The company is now valued at about $2.6 billion. – Katie Roof, TechCrunch http://ift.tt/2x31ZrZ

Apps & Tech

Roku surges 30% in stock market debut

Posted on September 28, 2017 by Streaming-TV Leave a comment

After pricing its IPO shares at $14, the digital content streaming company began trading at $15.78 per share Thursday morning. It’s now trading above $18, up about 30%. – Katie Roof, TechCrunch http://tcrn.ch/2fuZw35

Apps & Tech

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