Hemisphere Media Group, Inc. - (HMTV) News
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Latest HMTV News From Around the Web
Below are the latest news stories about Hemisphere Media Group Inc that investors may wish to consider to help them evaluate HMTV as an investment opportunity.
Hemisphere Media Group CEO Alan Sokol joined Yahoo Finance Live to break down Hemisphere's recent purchase of Lionsgate's stake in streaming service for $124M.
U.S. Hispanic and Latin American market-focused media company Hemisphere Media Group Inc (NASDAQ: HMTV ) acquired the remaining 75% stake of U.S. Hispanic Subscription Video-on-Demand Service Pantaya for $124 million in cash from Lionsgate, gaining full ownership of Pantaya. Pantaya launched in August 2017 via Hemisphere, and Lionsgate joint venture has 0.9 million paying subscribers. The monthly paid subscription service starts from $5.99. The service is … Full story available on Benzinga.com
Hemisphere Media Group said it is acquiring the remaining 75% stake of Pantaya, the U.S. Hispanic subscription video streaming service, from Lionsgate for about $124 million in cash. Pantaya was launched in August 2017 through a joint venture between Hemisphere and Lionsgate; previously, Hemisphere owned 25% of Pantaya. Currently, Pantaya has about 900,000 paying subscribers […]
Hemisphere Media Group, Inc. (NASDAQ: HMTV) ("Hemisphere" or the "Company"), the only publicly traded pure-play U.S. media company targeting the high growth U.S. Hispanic and Latin American markets with leading broadcast and cable television and digital content platforms, today announced that it has acquired the remaining 75% stake of Pantaya, the leading U.S. Hispanic Subscription Video-on-Demand Service for approximately $124 million in cash from Lionsgate. Prior to the transaction, Hemisphere owned 25% of Pantaya, and as a result of the transaction, will own 100% of Pantaya.
(Bloomberg) -- Hemisphere Media Group Inc. is buying out Lions Gate Entertainment Corp.’s majority stake in the Spanish-language streaming service Pantaya, boosting its investment in online video as the audience for regular TV shrinks.Hemisphere will pay about $124 million for Lions Gate’s 75% holding, using a mix of cash on hand and new financing, the company said Thursday. Hemisphere and Lions Gate formed Pantaya in 2017 as a joint venture.Pantaya has signed up 900,000 subscribers for its service, which combines original series and movies with reruns of popular titles. Original shows like “El Juego de las Llaves” (“The Game of Keys”), a dramedy about couples who decide to trade partners, have been some of the biggest drivers of new customers.That growth makes the service attractive to...
Hemisphere Media Group (NASDAQ:HMTV) announced its quarterly earnings data on Monday. The company reported $0.30 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.17, Fidelity Earnings reports. Hemisphere Media Group had a negative return on equity of 0.67% and a negative net margin of 4.85%. Shares of Hemisphere […]
Today's announcement and our comments may contain certain statements about Hemisphere that are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. In addition, these statements are based on a number of assumptions that are subject to change.
Hemisphere Media Group, Inc. (NASDAQ: HMTV) ("Hemisphere" or the "Company"), the only publicly traded pure-play U.S. media company targeting the high growth U.S. Hispanic and Latin American markets with leading broadcast and cable television and digital content platforms, today announced financial results for the fourth quarter and full year ended December 31, 2020.
NEW YORK, NY / ACCESSWIRE / March 2, 2021 / Hemisphere Media Group, Inc. (NASDAQ:HMTV) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on March 2, 2021 at 10:00 AM Eastern Time.
Hemisphere Media Group Will stock surge before Earnings results? Stock market Insights & financial analysis
Hemisphere Media Group announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…