China’s iQIYI Takes Further Step Towards IPO (Report)

Chinese video streaming giant, iQIYI is edging nearer to an IPO in the U.S. The company could seek raise $1 billion of fresh capital. International Financing Review, part of Thomson Reuters, said Tuesday that the company had confidentially filed documents for the share sale. The company had no comment, when contacted by Variety. The report […]

Chinese video streaming giant, iQIYI is edging nearer to an IPO in the U.S. The company could seek raise $1 billion of fresh capital. International Financing Review, part of Thomson Reuters, said Tuesday that the company had confidentially filed documents for the share sale. The company had no comment, when contacted by Variety. The report […]

Spotify’s Chief Content Officer Is Leaving Ahead of IPO

Spotify’s chief content officer Stefan Bloom is leaving in the coming weeks, a source confirmed to Deadline.
Bloom announced his departure this morning in a memo to staff, though no successor has been named. His departure comes the streaming music service prepares for an initial public stock offering.
“We are grateful for Stefan’s many contributions to the company over the years and we wish the very best,” said a Spotify spokesperson. “Looking ahead, the content team is…

Spotify’s chief content officer Stefan Bloom is leaving in the coming weeks, a source confirmed to Deadline. Bloom announced his departure this morning in a memo to staff, though no successor has been named. His departure comes the streaming music service prepares for an initial public stock offering. "We are grateful for Stefan's many contributions to the company over the years and we wish the very best,” said a Spotify spokesperson. “Looking ahead, the content team is…

Wanda Looking at IPO for Sports Division (Report)

China’s Dalian Wanda is reportedly preparing an initial public offering for a large portion of its sports portfolio. The move would help the property-to-entertainment giant reduce its debts and limit exposure to areas that have irked Chinese regulators. According to sources quoted by Reuters, Wanda has approached investment banking groups, including China’s CITIC Securities, for […]

China’s Dalian Wanda is reportedly preparing an initial public offering for a large portion of its sports portfolio. The move would help the property-to-entertainment giant reduce its debts and limit exposure to areas that have irked Chinese regulators. According to sources quoted by Reuters, Wanda has approached investment banking groups, including China’s CITIC Securities, for […]

Spotify Confidentially Files IPO Documents

The music streaming service Spotify confidentially filed paperwork for an initial public offering with the Securities and Exchange Commission late last month, according to Axios.
Spotify plans to list its shares on the New York Stock Exchange though an unusual approach known as a direct…

The music streaming service Spotify confidentially filed paperwork for an initial public offering with the Securities and Exchange Commission late last month, according to Axios. Spotify plans to list its shares on the New York Stock Exchange though an unusual approach known as a direct…

China’s Bona Poised to Raise $215 Million Through Local IPO

Chinese film producer and distributor, Bona Film Group is poised to raise $215 million through an initial public offering on one of China’s stock markets. The company is expected to be valued at upwards of $2.4 million, according to Chinese news agency CGTN. That compares with just under $816 million (RMB5 billion) when the company […]

Chinese film producer and distributor, Bona Film Group is poised to raise $215 million through an initial public offering on one of China’s stock markets. The company is expected to be valued at upwards of $2.4 million, according to Chinese news agency CGTN. That compares with just under $816 million (RMB5 billion) when the company […]

Roku Shares Soar 50% In IPO As Investors Buy Streaming Startup’s Growth Story

Shares in Roku have soared by 50% in their first day of trading, exceeding $21 midway through the session, pushing the streaming company’s market capitalization to more than $300 million.
On Wednesday night, Roku priced its IPO at the top of the range it had originally specified, $12 to $14 per share, aiming to generate more than $200 million with the offering. By the opening bell, pre-session demand had nudged the stock to $15.76.
Roku was founded in 2002 and has long…

Shares in Roku have soared by 50% in their first day of trading, exceeding $21 midway through the session, pushing the streaming company’s market capitalization to more than $300 million. On Wednesday night, Roku priced its IPO at the top of the range it had originally specified, $12 to $14 per share, aiming to generate more than $200 million with the offering. By the opening bell, pre-session demand had nudged the stock to $15.76. Roku was founded in 2002 and has long…

STX To Launch IPO On Hong Kong Stock Exchange In 2018

STX Entertainment, the company founded three and a half years ago by Robert Simonds and Bill McGlashan of TPG Growth with investment from Gigi Pritzker and Chinese concern Hony Capital, plans to raise $500M in an IPO in the first quarter of 2018. It’s been known that STX has been talking about mounting an IPO for some time, and has been steadily growing its business over the past year.
The company was valued at $1.5B last year, however, The Wall Street Journal today…

STX Entertainment, the company founded three and a half years ago by Robert Simonds and Bill McGlashan of TPG Growth with investment from Gigi Pritzker and Chinese concern Hony Capital, plans to raise $500M in an IPO in the first quarter of 2018. It’s been known that STX has been talking about mounting an IPO for some time, and has been steadily growing its business over the past year. The company was valued at $1.5B last year, however, The Wall Street Journal today…

Roku IPO Aims To Raise More Than $200M And Bust Wall Street Tech Slump

Roku, the emerging tech player whose streaming technology has helped power the TV industry’s great re-bundling, is planning an initial public offering it hopes will raise more than $200 million. At that price, the company is valued at about $1.3 billion.
According to an SEC filing, the company plans to start trading 15.7 million shares on Thursday, pricing them at $12-$14 on the NASDAQ. About 9 million shares will be sold by Roku itself and 6 million by Menlo Ventures…

Roku, the emerging tech player whose streaming technology has helped power the TV industry’s great re-bundling, is planning an initial public offering it hopes will raise more than $200 million. At that price, the company is valued at about $1.3 billion. According to an SEC filing, the company plans to start trading 15.7 million shares on Thursday, pricing them at $12-$14 on the NASDAQ. About 9 million shares will be sold by Roku itself and 6 million by Menlo Ventures…

Roku Looks To Raise $100M In IPO To Fuel Growth Plans

Roku hopes to raise $100 million in a public stock offering, it said today in an SEC filing. The streaming video equipment company says it had about 13.3 million subscribers in the U.S. at the end of June and expects to grow as viewers increasingly look to the internet for programming.
The stock will trade on Nasdaq under the symbol ROKU.
“Our mission is to be the TV streaming platform that connects the entire TV ecosystem,” CEO Anthony Wood says in a letter in the…

Roku hopes to raise $100 million in a public stock offering, it said today in an SEC filing. The streaming video equipment company says it had about 13.3 million subscribers in the U.S. at the end of June and expects to grow as viewers increasingly look to the internet for programming. The stock will trade on Nasdaq under the symbol ROKU. “Our mission is to be the TV streaming platform that connects the entire TV ecosystem,” CEO Anthony Wood says in a letter in the…

Roku Eyes IPO That Could Value It At $1B: Report

Investors who want to bet on the future of streaming TV may soon have a new opportunity to do so: Roku is weighing an IPO that could value the company at $1 billion, the Wall Street Journal reports.
The firm — best known for its internet connected players that funnel video streams to TV sets — is said to have hired Morgan Stanley, Citigroup, and Allen & Co. to underwrite an offering that it might initially file privately.
Investors might be a little skittish. Snap has…

Investors who want to bet on the future of streaming TV may soon have a new opportunity to do so: Roku is weighing an IPO that could value the company at $1 billion, the Wall Street Journal reports. The firm — best known for its internet connected players that funnel video streams to TV sets — is said to have hired Morgan Stanley, Citigroup, and Allen & Co. to underwrite an offering that it might initially file privately. Investors might be a little skittish. Snap has…

Chinese Streaming Giant iQIYI Heading for IPO (Reports)

iQIYI, one of China’s top video streaming platforms, is likely heading for an IPO in 2017. The company is part of Baidu, the NASDAQ listed company that is China’s top online search provider. According to reports in the Wall Street Journal, quoting unnamed sources close to the company, Baidu would aim to list the shares… Read more »

iQIYI, one of China’s top video streaming platforms, is likely heading for an IPO in 2017. The company is part of Baidu, the NASDAQ listed company that is China’s top online search provider. According to reports in the Wall Street Journal, quoting unnamed sources close to the company, Baidu would aim to list the shares... Read more »

Robert Simonds’ STX Seeking IPO in Hong Kong (Report)

STX Entertainment, Robert Simonds’ ambitious mini-studio, is eyeing an initial public offering of its shares in Hong Kong, according to reports. Simonds told the South China Morning Post that STX is poised to open an office in Hong Kong and that the special administrative region of China is also his favored location for an IPO…. Read more »

STX Entertainment, Robert Simonds’ ambitious mini-studio, is eyeing an initial public offering of its shares in Hong Kong, according to reports. Simonds told the South China Morning Post that STX is poised to open an office in Hong Kong and that the special administrative region of China is also his favored location for an IPO.... Read more »