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05.03.2022 / 01:41

Endeavor Sued by Consultant Who Claims Company Stole His Ideas for Second IPO

Gene Maddaus Senior Media WriterA media consultant claims in a new lawsuit that Endeavor stole his unsolicited ideas on how to pitch itself to Wall Street, and that his concepts are single-handedly responsible for saving the company from ruin.David Carde, who describes himself as a consultant in the media and technology sectors, alleges that in September 2019 his attorney emailed an 11-page analysis to Endeavor CEO Ari Emanuel and to Ari Greenburg, the president of WME. He apparently never received a response.At the time, Endeavor was making its first effort to launch an IPO.

Gene Maddaus-Senior Media Writera Ari Greenburg president CEO IPO Company

04.03.2022 / 22:49

Ari Emanuel & Endeavor Accused Of Intellectual Property “Theft” For Second IPO Attempt In New Suit

No one is ever going to say that Ari Emanuel doesn’t play rough, but a new lawsuit filed today accuses the Endeavor boss of having some very sticky fingers in his well compensated desire to turn his 2019 IPO dreams into a 2021 reality.

Ari Emanuel president Dreams IPO

04.03.2022 / 02:31

Vizio Shares Slide After Smart-TV Maker Misses Wall Street’s Q4 Revenue Forecast

Smart-TV maker Vizio, which had its IPO nearly a year ago, reported fourth-quarter results below Wall Street expectations, with revenue slipping 14% from the same period in 2020.

Samuel Goldwyn Adam Townsend reports IPO Provident

01.03.2022 / 12:27

iQiyi Cuts Losses to $968 Million as Subscriber Numbers Slip

Patrick Frater Asia Bureau ChiefChinese video streamer iQiyi cut its losses in 2021 to RMB6.2 billion ($968 million), compared to RMB7.0 billion in 2020 and said that recent cost cutting measures were quickly bearing fruit. But its latest regulatory filing also revealed that subscriber numbers continue to fall on both a quarterly and annual basis.The NASDAQ-listed company said that gross revenues for the 12-months to December 2021 were RMB30.6 billion ($4.8 billion), representing a 3% increase on 2020.

2020 IPO Patrick

13.01.2022 / 03:13

CAA Owner TPG Raises $1B By Pricing IPO At $29.50 A Share – Reports

TPG, owner of CAA and 30% stakeholder in DirecTV, is on course to raise $1 billion when its stock begins trading Thursday on the Nasdaq at $29.50.

Texas county Worth city Fort Worth, state Texas reports Digital IPO

16.12.2021 / 21:05

CAA-Owner, Private Equity Giant TPG, Files To Go Public Amid IPO Boom

TPG, the private equity giant and owner of CAA, announced plans to go public and list its common stock on the Nasdaq under the symbol ‘TPG.’

Entertainment IPO Assurant

16.12.2021 / 20:56

Meme Stock Kingmaker Reddit Moves Towards IPO With Confidential SEC Registration

Meme stock engine and message board giant Reddit moved a step closer to a public offering, launching the process this week via a confidential filing with the SEC.

Reddit SEC IPO meme

15.11.2021 / 18:35

Warner Music Posts Solid Earnings, Execs Discuss Universal IPO, Vinyl on Call

Jem Aswad Senior Music EditorWarner Music Group posted a solid fiscal fourth quarter and strong fiscal year results in earnings reported Monday, with revenue up 22.2% (20.8% in constant currency) driven by digital revenue growth of 19% (17.5% in constant currency) across recorded music and music publishing for the quarter; and revenue up 19% (15%) and net income of $307 million (versus a $470 net loss for 2020) for the year. The quarter’s results were a strong boost from the same period last year, which were essentially flat, largely due to the pandemic, and were spurred in part by the return of live performances and retail outlets.

record Music IPO

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